Raising the concession period for the solicited proposal to 25 years would mirror the period in the Manila International Airport Consortium's own P267-billion unsolicited proposal.
MANILA, Philippines – The plan of the Department of Transportation to rehabilitate the Ninoy Aquino International Airport through amay now see the country’s main gateway handed over to the private sector for up to 25 years.
Now, the DOTr is considering including an option for the airport’s private operator to extend its 15-year concession period by a decade. Raising the concession period for the DOTr’s solicited proposal to 25 years would match the concession period proposed by theWhat would trigger this 10-year extension? Lim pointed to possible delays in the construction of the Bulacan and Sangley airports coupled with rising passenger demand.
Lim said the DOTr has met with the consortium “several times” to clarify issues raised by both sides, including whether MIAC could possibly lower its concession period to 15 years. because their business model envisages 25 years. We’ll see how they compute their business case if that becomes 15 and whether it is acceptable to them and their [consortium] members,” Lim said.
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