A winner has finally been chosen to build the Philippines’ Sangley Airport after a long and troubled procurement process. Samsung C&T, Munich Airport International and UK consulting engineer Arup are in the winning consortium, called SPIA, short for Sangley Point International Airport Development Consortium. It entered an unsolicited USD 11 billion bid last November after the cancellation of an earlier deal with China Communications and local company MacroAsiaSangley is to be built on reclaimed land in the south of Manila Bay. It will have two-runways and a capacity of 75 million passengers a year. It may later be expanded to four runways and a 130 million capacity. When complete, it will ease pressure on Manila’s overloaded Ninoy Aquino International. The project includes the construction of a 4km access road, with provision made for a later rail link.SPIA is led by Filipino business tycoons Lucio Tan, Helen Yuchengco-Dee and investment banker Luis Virata, and includes the Philippines’ Cavitex Holdings and MicroAsia.
A winner has finally been chosen to build the Philippines’ Sangley Airport after a long and troubled procurement process. Samsung C&T, Munich Airport International and UK consulting engineer Arup are in the winning consortium, called SPIA, short for Sangley Point International Airport Development Consortium. It entered an unsolicited USD 11 billion bid last November after the cancellation of an earlier deal with China Communications and local company MacroAsiaSangley is to be built on reclaimed land in the south of Manila Bay. It will have two-runways and a capacity of 75 million passengers a year. It may later be expanded to four runways and a 130 million capacity. When complete, it will ease pressure on Manila’s overloaded Ninoy Aquino International. The project includes the construction of a 4km access road, with provision made for a later rail link.SPIA is led by Filipino business tycoons Lucio Tan, Helen Yuchengco-Dee and investment banker Luis Virata, and includes the Philippines’ Cavitex Holdings and MicroAsia.
