• Philippine Resources

Cavite Govt Cancels Sangley Airport Project



The Cavite Government has cancelled the award given to China Communications Construction Co. (CCCC) and Philippine company MacroAsia Corp. for the $10-billion airport deal in Sangley Point.

MacroAsia said, “The notice of selection and award for the Sangley Point International Airport Project issued on 12 February 2020 was cancelled.”

According to Cavite Gov. Jonvic Remulla, the decision didn’t involve the US sanctioning of CCC and other Chinese firms. The US had blacklisted several Chinese companies who had built military installations in the areas of the South China Sea.

Chinese foreign ministry spokesman Zhao Lijian said, “We hope the Philippines can provide a conducive business environment for Chinese companies.”

On another note, the so-called NAIA consortium could take a shot at the Sangley airport.

“We will consult with the other members of the consortium... the original NAIA consortium,” AC Infrastructure Holdings Corp. president and CEO Jose Rene Almendras said.

Meanwhile, Metro Pacific Investments Corp. (MPIC) Chairman Manuel V. Pangilinan said, “We don’t know enough about the project – the little we know we’ve gleaned from media accounts. But it looks interesting – not least because the airport connects to our southern tollways.”

Aboitiz InfraCapital president and CEO Cosette Canilao said, “We have always believed that airports will be key to reviving the economy, and we remain open to looking at opportunities in the sector.”

“We can’t say at this point. We’ll have to assess the terms first. But right now, we’ll focus on other existing projects,” Megawide chief business development officer Jim Feliciano added.

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