As the Philippine government inaugurated the Sangley Airport project, a sole-bidder for the future development of the airport has been awarded the responsibility to upgrade it over the next few years.
According to MacroAsia Corp, the consortium of MacroAsia Corp. and Chinese state-owned firm China Communications Construction Corp. has stated they were awarded approval for the Phase 1 of the project worth an estimated PHP 208.5 Billion (USD $4.1 Billion).
Both companies will now be required to provide detailed engineering information for the project within the next 12-18 months.
The Sangley Airport project is intended to help ease the congestion at Manila's Ninoy Aquino Airport. It is the second major airport project for the Manila area following the New Manila Airport project in Bulacan province which the San Miguel Group will be responsible for.
Plans for the airport calls for a development of a four-runway facility with an area of around 1,500-hectares at Sangley Point, Cavite. The future capacity of the airport is projected to be over 100 million passengers per year.
At present, Sangley currently has a one-runway facility that was recently upgraded by the Philippine government in 2019 to accommodate small aircraft operations to free up space at Manila's airport.