Aboitiz InfraCapital submits revised plan for Bohol airport

By Denise A. Valdez
Reporter

ABOITIZ InfraCapital, Inc. submitted to the Department of Transportation (DoTr) last week the revised concession terms for its proposal to operate and maintain the Bohol-Panglao International Airport.

Transportation Undersecretary for Planning Ruben S. Reinoso, Jr. told ����ý the DoTr received the company’s revised concession agreement for the new airport in Bohol, in addition to the revised plan for the Ninoy Aquino International Airport (NAIA) submitted by the consortium of seven conglomerates.

“Panglao also submitted,” he said in a text message over the weekend.

The submission of revised concession terms from airport proponents came after the DoTr said last month it wants all airport deals to be patterned after the concession terms for the Clark International Airport.

This means all concession agreements, even those that were already given to the National Economic and Development Authority’s Investment Coordination Committee (NEDA-ICC), were returned to original proponents for revision.

Transportation Secretary Arthur P. Tugade said having the Clark concession agreement as a template for all airport deals will hasten the process of negotiations with the private entities, as this was already reviewed and approved by the NEDA-ICC.

Mr. Reinoso said the DoTr has so far received two revised concession agreements — for NAIA and Bohol-Panglao airport — and targets to provide feedback on these within the week.

“We’ll try to complete line by line review by next week,” he said Saturday.

Both the “super consortium” and Aboitiz InfraCapital were given original proponent status for its NAIA and Bohol-Panglao International Airport proposals in September.

Aboitiz InfraCapital is also part of the NAIA consortium, together with 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.

Aside from the two proposals with the DoTr, Chelsea Logistics and Infrastructure Holdings Corp.’s bid for the Davao International Airport and Mega7 Construction Corp. for the Kalibo International Airport are pending submission of revised concession agreement.