MIAA denies Megawide's formal appeal on preferential status revocation for NAIA rehab

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Metro Manila (CNN Philippines, January 26) — The rehabilitation of Ninoy Aquino International Airport has hit another dead end after airport authorities denied Megawide Construction Corporation’s formal appeal to regain its original proponent status for the project.

“The Consortium was formally informed of the said denial through a letter from the Corporate Secretary of the MIAA Board of Directors dated 25 January 2021,” the conglomerate, who has paired up with Indian firm GMR Infrastructure, told the local bourse in a disclosure Tuesday.

This is the latest setback in the rehabilitation of the country’s busiest gateway, with negotiations between the government and different conglomerates hitting a dead end throughout the years.

TIMELINE: The NAIA rehabilitation project 

Megawide initially filed a motion for reconsideration before the MIAA and Transportation Department on December 21, a week after the board revoked its preferential status for upgrading the country’s main international gateway. 

Prior to this, the company faced questions on its apparent lack of funds to sustain the project. Acting Socioeconomic Planning Secretary Karl Kendrick Chua and Finance Secretary Carlos Dominguez III returned Megawide-GMR’s plan to the DOTr due to these concerns. Megawide-GMR has since insisted it can finance NAIA’s rehabilitation. 

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‘While we believe that we have met all the requirements of the government to undertake the rehabilitation of NAIA, we respect their decision on this matter, and we are ready to move on to other projects of equal significance,” the disclosure read.

Meanwhile, San Miguel Corporation and another private firm, Philippine Airport Ground Support Solutions, earlier submitted their separate proposals to rehabilitate and operate NAIA.

Megawide is behind the upgrade of Mactan Cebu International Airport and Clark International Airport in Pampanga. It operates both gateways.