PHILIPPINE REAL ESTATE and RELATED NEWS in and around the country . . .
.
.

Bidding For Clark Airport Terminal Reset

Saturday, September 13, 2008 [ manilatimes.net ]

CLARK FREEPORT, Pampanga: The bidding for the P6.5-billion Terminal 2 project at the Diosdado Macapagal International Airport (DMIA) has been reset to September 22.

Nestor Mangio, chairman of the Clark International Airport Corp. (CIAC) said that the bids would be opened on Sept. 22 to determine the qualifications of the bidders particularly in their financial capability to pay the annual payment based on the number of air passengers per year.

Under the terms of reference, the winning bidder is supposed to pay CIAC an “upfront fee” of P100 million, a minimum guaranteed annual payment based on the number of airport passengers per year and at least P6.5 billion to be used for designing, constructing, managing and operating the new terminal.

On April 4, the DMIA terminal was expanded from the 500,000-passenger capacity to one to two million passengers now. Terminal 2 was designed to accommodate seven to eight million passengers annually.

He said that Clark terminals could be an alternative to CAIA, especially for millions of passengers coming from Central and Northern Luzon. He said that Central Luzon, where DMIA, is located is the second richest area in the country next to Metro Manila.

According to Mangio, the airport terminals in the Philippines would be comparable to those of New York, London and Bangkok that have multiple terminals.-- Mark Louie P. Roxas

_______________________________________________________________

real estate central philippines
Copyright ©2008-2017