Consortium files revised proposal for NAIA rehab

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Metro Manila (CNN Philippines, July 19)— A consortium of seven big business firms on Friday submitted another revised proposal for the repair and upgrade of the Ninoy Aquino International Airport (NAIA), after the Transportation Department thumbed down its latest pitch for the project.

NAIA Consortium spokesperson Jose Emmanuel Reverente told CNN Philippines that the group — composed of Aboitiz InfraCapital, Inc.; AC Infrastructure Holdings Corp.; Alliance Global Group, Inc.; Asia’s Emerging Dragon Corp.; Filinvest Development Corp.; JG Summit Holdings, Inc.; and Metro Pacific Investments Corp. — filed a third proposal in line with the Clark concession agreement template.

“Yes, the NAIA Consortium submitted a revised proposal pursuant to instructions from DOTr to follow the Clark concession agreement template,” Reverente said.

The Transportation Department earlier this month said it returned the consortium’s second pitch — which was filed on April 26 — as it was considered still not at par with the government’s requirements and visions for the project. The department had asked for the consortium to revise concession agreement similar to the Clark O&M (operation and maintenance) contract.

Transport Chief Arthur Tugade had said the government was modeling the rehabilitation plan for the country’s main airport after the Clark International Airport, as the two gateways need to maintain daily operations while repair works are underway.

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CNN Philippines’ Melissa Lopez contributed to this report.