Sunday, March 9, 2014

BCDA and PPMC to spearhead PPP for airport upgrade

 


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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