MANILA – The Philippines’ auction for a P170.6 billion ($3 billion) upgrade of its main international airport attracted four bidders, the transportation ministry said on Wednesday.
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Firms that submitted bids were the Manila International Airport Consortium, Asian Airport Consortium, GMR Airports Consortium, and SMC SAP & Co Consortium, the bids and awards committee said.
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The transportation ministry will award in the first quarter the 15-year concession that is extendable by another 10 years. — Reuters
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