The state-run
Bases Conversion and Development Authority (BCDA) and its subsidiary,
Poro Point Management Corporation (PPMC) is looking to launch another
PPP (public-private partnership) project, this time for the upgrading of
La Union’s San Fernando Airport to meet the International Civil
Aviation Organization (ICAO) requirements for catering to larger
aircrafts for international flights. The upgrade will also include the
development of an airport terminal with mall complex, touted to become a
small-scale version of Singapore’s Changi airport. Rebel Group
International BV is set to conduct the feasibility study until the
financial close for the PPP project. In photo (seated right to left):
BCDA president and CEO Arnel Paciano D. Casanova, PPP Center of the
Philippines Executive Director Cosette Canilao, and Rebel Group
International BV Team Leader Jeroen In’t Veld ink the contract for the
Transaction Advisory Services. Witnessing the signing are (standing
right to left) PPMC president and CEO Florante Gerdan, PPMC Director
Jorge Banal and vice president for airport operations Josefa Catherine
Bada.
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