Home  >  Business
Megawide says gov't yet to notify them on NAIA project appeal
Posted at Jan 20 2021 05:09 PM
Artist’s rendering of new NAIA Terminal 1. Megawide Handout photo

MANILA - Infrastructure developer Megawide said Wednesday the government has yet to notify it on the status of its appeal on the firm's original proponent status in the rehabilitation of the Philippines' main gateway.
The company also said that San Miguel Corp's offer to handle the operations of the Ninoy Aquino International Airport (NAIA) while building another airport in Bulacan will be "monopolistic" and "anti-competition."
Megawide Chairman and CEO Edgar Saavedra said during a business webinar that they have not yet received an "official communication" from the Manila International Airport Authority (MIAA) regarding their NAIA rehab bid.
"We have no official communication yet from them but we will respect whatever the decision of DOTr [Department of Transport]," he said.
Last week, another media outlet reported that the MIAA had affirmed the revocation of Megawide's original proponent status (OPS) for the rehabilitation of NAIA, saying the company lacked the needed equity for the project.
An OPS allows a bidder to match the counteroffer submitted by competitors, and thus bag a project. 
Saavedra clarified that when they got a revocation letter from the MIAA on Dec. 15 last year, Megawide provided documents to prove it has enough capital to fund the project. 
San Miguel's Ramon Ang: NAIA bid only to operate, not rehab
When asked about San Miguel's intent to handle the operations and maintenance of NAIA while building and operating the Bulacan airport, Saavedra said that it is a "monopolistic approach".
He added that this would anti-competition, and would run counter to the government's aim to have multiple airports and multiple developers and operators.
Watch more on iWantTFC
 Megawide's NAIA proposal
Before the COVID-19 pandemic restricted air travel, the airport was congested and handled 45 million passengers annually.
Megawide planned to have garden landscapes for NAIA Terminal 1. Handout photo
Saavedra said they plan to eliminate congestion and flight delays by improving taxiways, building new terminals and reconfiguring ones, providing a monorail to link every terminal, and redesigning the airport's facilities.
NAIA rehab hits a snag as govt 'not willing' to accept consortium's revised proposal
The government approached Megawide to bid for NAIA after the country's biggest conglomerates asked for permission to revise their earlier proposal, citing viability concerns.
Government may do NAIA rehab itself says Finance chief
Watch more on iWantTFC
Read More:  Megawide   SMC   San Miguel Corp   MIAA  Manila International Airport Authority   DOTr   NAIA rehabilitation   NAIA   Bulacan airport   Ninoy Aquino International Airport   Department of Transport   Clark International Airport   airports   transport   transportation  
Rachel (Sofia Andres) catches Lena (Erich Gonzales) and Miguel (Kit Thompson) together. Subscribe to the ABS-CBN Entertainment channel! Watch the full...
20 m
A look into the vlogs of the trainees inside The Gaming House Subscribe to the ABS-CBN Entertainment channel! Visit our official website!
2 h
© 2021 ABS-CBN Corporation. All Rights Reserved.

Welcome, Kapamilya!
We use cookies to improve your browsing experience.
Continuing to use this site means you agree to our use of cookies.
Tell me more!