DOTC defends Mactan-Cebu int’l airport project award to GMR-Megawide

Given a history of multibillion-peso infrastructure projects being entangled in legal and political issues, the Philippines has long been viewed as a risky investment option by businessmen around the world.

The Department of Transportation and Communications (DOTC), in fact, has entered into several such contracts during previous administrations. But DOTC Secretary Joseph Emilio Abaya defended the agency’s recent decision to award the Mactan-Cebu International Airport (MCIA) project to the GMR-Megawide Consortium, saying it enhances the international community’s perception of the Philippines as an investment destination.