SMC taps Megawide for Boracay airport terminal

MEGAWIDE SECURED the contract to develop and design the passenger terminal constructing on the Boracay airport. — PHILIPPINE STAR/WALTER BOLLOZOS

San Miguel Corp. (SMC) has tapped the Saavedra-led Megawide Construction Corp. to design and construct a passenger terminal constructing at Godofredo P. Ramos Airport in Caticlan.

In a regulatory filing on Thursday, Megawide announced that it had secured the contract for the terminal constructing project on the Boracay airport, which is operated by Trans Aire Development Holdings Corp., a unit of SMC Infrastructure.

“This can be one other exciting opportunity for Megawide — to find a way to work with one in every of the country’s largest and oldest conglomerates, SMC, and help realize its vision of a world-class facility on the Caticlan airport,” Megawide Chairman and Chief Executive Officer (CEO) Edgar B. Saavedra told the stock exchange.

SMC, through its infrastructure unit, oversees the modernization of Godofredo P. Ramos Airport, also referred to as the Boracay airport.

“Our seek for a partner-contractor who shares our vision of modernizing airports within the country has concluded with our partnership with Megawide,” said SMC Chairman and CEO Ramon S. Ang.

Megawide said the groundbreaking for the brand new terminal is scheduled for December.

Mr. Ang said previously that the development of the brand new passenger terminal constructing might take up to a few years to finish.

San Miguel plans to construct a passenger terminal constructing with a capability of seven million, with eight passenger boarding bridges.

“We imagine that Megawide’s track record of constructing key infrastructure through efficient and sustainable practices will help us deliver a world-class facility inside our committed deadline,” Mr. Ang said.

Megawide, along with its partner GMR Airports International BV, developed Mactan-Cebu International Airport (MCIA).

Megawide has since divested its stake in MCIA, allowing Aboitiz InfraCapital, Inc. to take full control of the Mactan-Cebu airport.

Further, Megawide can also be one in every of the developers of the passenger terminal constructing of Clark International Airport, which is now operated and managed by Luzon International Premiere Airport Development (LIPAD) Corp.

San Miguel can also be undertaking the event of the P740-billion Bulacan International Airport or the Recent Manila International Airport (NMIA), which it expects to start out development work next 12 months.

The corporate also leads the Recent NAIA Infra Corp., which took over the operations and maintenance of the country’s major gateway in September this 12 months. — Ashley Erika O. Jose