30 July 2012, ABS-CBN News
MANILA, Philippines – Local and foreign construction firms are invited to pre-qualify to bid for the Ninoy Aquino International Airport (NAIA) Expressway Phase II project.
The deadline for submission of qualification documents for interested parties is on September 18.
Public Works and Highways Secretary Rogelio L. Singson said they expect a good number of investors to compete for the NAIA Expressway Phase II Project, which is a public-private partnership (PPP) project.
The NAIA Expressway Phase II Project is a four-lane elevated expressway with a total length of 7.15 kilometers including ramps. The National Economic Development Authority board approved the project on May 30, and estimated to cost P15.52 Billion.
The project will start at the existing Skyway and follow the road alignments over Sales Avenue, Andrews Avenue, Domestic Road, and NAIA Road, and will have entry/exit ramps at Roxas Boulevard, Macapagal Boulevard, and Pagcor City.
It will provide access to NAIA Terminals I, II and III, as well as links to the existing Skyway and the Manila-Cavite Toll Expressway. It will also link to the proposed elevated NLEx-SLEx Connector Road and to the Metro Manila Skyway (Stage 3) extension to Araneta Avenue (C-3).
Once the NAIA Expressway Phase II is completed, it will cut the average 24-minute travel time from Skyway to NAIA I to 8 minutes.
With the government financing the road right-of-way acquisition in the amount of P1.021 billion, Pagcor license holders are willing to provide P6.5 Billion contribution for the construction of the project.
The Pagcor license holders include Japanese billionaire Kazuo Okada’s Universal Entertainment, Andrew Tan’s Alliance Global, which tied up with Genting Hong Kong, Henry Sy’s Belle Corp. and Enrique Razon’s Bloomberry Investments.
