Cavite gov cancels China-backed deal for Sangley airport | Inquirer News

Cavite gov cancels China-backed deal for Sangley airport

By: - Correspondent / @dtmallarijrINQ
/ 01:59 PM January 27, 2021

Cavite Gov. Jonvic Remulla has canceled the proposal by a China-backed consortium for the Sangley Point International Airport (SPIA) project.

“Due to the various deficiencies of the submission of requirements to conclude the Joint Venture Agreement for the Sangley Point International Airport, the Cavite Provincial Government Special Selection Committee has recommended the non-approval of the redevelopment of the former airbase as presented by the applying parties,” Remulla announced on his Facebook Wednesday.

He added: “The recommendation was accepted and approved by my office dated January 26, 2021.”

Article continues after this advertisement

However, he explained that while the Cavite government has canceled the negotiation, “the project will restart and hopefully have a successful negotiation with any qualified partner by October 2021.”

FEATURED STORIES

“I still believe that a new international airport is important for the country in the long run, and it must be stressed that cancellation is not in prejudice of anyone applying again,” Remulla said.

Remulla said he would later publish the content of the cancelation letter.

Article continues after this advertisement

Earlier, the Cavite government was reportedly considering canceling the award granted last year to the consortium of China Communications Construction Co. Ltd. (CCCC) and taipan Lucio Tan’s MacroAsia Corp.

Article continues after this advertisement

The supposed venture will cover the initial phase of the P500-billion Sangley Point International Airport (SPIA)—a new gateway meant to decongest Manila’s Ninoy Aquino International Airport (Naia).

Article continues after this advertisement

The committee said the CCCC-MarcoAsia consortium repeatedly failed to “fully and completely” comply with its conditions, which were not detailed.

The SPIA aims to become a global air hub with four parallel runways and an annual capacity of 130 million passengers.

Article continues after this advertisement

Along with San Miguel Corp.’s airport city in Bulacan province, the Sangley airport was meant to cut congestion—a worsening problem before the COVID-19 pandemic arrived—in Manila’s Naia.

LZB

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS:

No tags found for this post.
Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.