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Monday, August 9, 2010

Malaysian consortium bids for Philippines Clark DMIA project, urges level playing field

CLARK FREEPORT, Pampanga – Malaysian Ambassador to the Philippines Ibrahim Saad and a Malaysian consortium urged officials of Clark International Airport Corp. (CIAC) to “level the playing field” in the Diosdado Macapagal International Airport (DMIA) Terminal 2 expansion project here.

Speakers led by the Malaysian ambassador spoke at an “investors presentation-manifestation for DMIA Terminal 2.” They said there didn’t seem to be a level playing field in the decision of the CIAC Board to accept the proposal of another consortium.

Ronnie Gaudiel, Philippine representative of the Malaysian consortium BriSteel Overseas Ventures, Inc. (BOV), said BOV is a Malaysian consortium consisting of publicly listed conglomerates and government-linked corporations which aims to infuse $150 million in investments “in tandem with the Philippine government’s foreign investment policy.”

In December, 2009, BOV submitted a proposal for the development and expansion project of the DMIA Terminal 2 through a joint venture agreement with CIAC. Since then, Gaudiel said, BOV has complied with the submission of all the documents required by Joint Venture Selection Committee (JVSC) Chair Romeo Dyoco Jr. of CIAC.

However, CIAC President Victor Jose Luciano, in a May 25, 2010, letter to BOV Managing Director William Chee, said that during its regular meeting on May 17, 2010, the CIAC Board of Directors resolved to accept the proposal submitted by another consortium for detailed negotiations after it was deemed as the superior proposal based on the comparative presentation of submitted proposals submitted by the JVSC.

Guadiel lamented that the board accepted the proposal despite the absence of a written resolution from the CIAC’s Joint Venture Selection Committee (JVSC). What the JVSC submitted to the board on May 17, 2010, was just a comparative presentation on the proposals submitted by the two consortiums, without any comments or remarks from the JVSC. (AMR)

Posted via email from Aviation Professionals dot Org

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