December 17, 2019 / 8:16 AM / a month ago

China's CCCC wins rights for $10 bln airport south of Philippine capital

MANILA, Dec 17 (Reuters) - State-owned China Communications Construction Co Ltd (CCCC) and a local partner have won the auction for a $10 billion airport south of the capital Manila, a government official said on Tuesday.

The CCCC-Macroasia Consortium submitted a proposal to partner with the Cavite provincial government for the Sangley Point International Airport project, Jesse Grepo, legal officer and secretary of the local government’s public private partnership selection committee, told reporters.

The $10 billion project, which involves land reclamation and expansion of an existing airport, is part of the government’s infrastructure overhaul.

Reporting by Neil Jerome Morales, editing by Louise Heavens

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