MANILA – State-owned China Communications Construction Co. Ltd. (CCCC) and a local partner have won the auction for a $10 billion (P506 billion) airport south of the capital Manila, a government official said on Tuesday.
The CCCC-Macroasia Consortium submitted a proposal to partner with the Cavite provincial government for the Sangley Point International Airport project, said Jesse Grepo, legal officer and secretary of the local government’s public private partnership selection committee.
The $10 billion project, which involves land reclamation and expansion of an existing airport, is part of the government’s infrastructure overhaul. (Reuters)
