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NEWS Last modified on November 26, 2013

Incheon cleared for Mactan-Cebu Airport bid

Incheon International Airport will be allowed to take part in this week’s bidding process to expand and operate Mactan-Cebu Airport, according to reports.

The Philippine Daily Inquirer writes that the Philippines' Department of Transportation and Communications (DOTC) has agreed to the South Korean airport's inclusion in the US$400 million bidding process.

The project involves the right to build a new 8 million capacity terminal, as well as revamp the current terminal and operate the airport.

Incheon, which has teamed up with Philippine conglomerate San Miguel to bid, has no ‘undue advantage’ in the bidding as alleged by a rival, the DOTC ruled in a report.

This means that all seven pre-qualified groups will be allowed to proceed with the Mactan-Cebu Airport public private partnership auction, which is scheduled for Thursday.

Other bidders include the GMR Infrastructure and Megawide Consortium; AAA Airport Partners; the Filinvest Land Inc. and CAI Consortium; the Metro Pacific Investments JG Summit Airport Consortium, First Philippine Holdings Corp Infratil Asia Ltd group; and Premier Airport Group of SM Investments Corp.

Mactan-Cebu is the second-busiest airport in the Philippines by passenger traffic, and in 2012 nearly seven million were welcomed, above its 4.5 million annual capacity.

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