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By Angelo S. Samonte, Reporter
FIVE of the country’s top
property developers have been prequalified to participate in the
bidding for the government’s 54-hectare airport property in Iloilo
City, the Department of Finance (DOF) said on Tuesday.
The five include Ayala Land Inc.,
Empire East Holdings Inc., Robinsons Land Corp., Rock-well Land
Corp. and SM Prime Holdings Inc. The auction is set for April 24.
The DOF said that based on its
assessment on current property prices in Iloilo, the airport could
be valued between P500 million and P2 billion.
The agency, however, has yet to
set a floor price, saying that setting a minimum price is
disadvantageous to the government considering the size of the
property.
“We are very pleased with the
interest in the Iloilo airport property and look forward to a
successful bidding,” Finance Undersecretary John Sevilla said.
He said the government will close
the facility, which remains open to commercial flights, in late
April and will transfer operations to the new Iloilo airport.
“We are particularly grateful
to the city of Iloilo and Mayor Jerry Trenas, and our partner
government agencies, for their help and support in this process,”
Sevilla said.
The DOF chairs the interagency
group tasked with selling the property. Other members of the
interagency body include the Departments of Transportation and
Communication (DOTC), of Justice, of Budget and Management and the
DOTC-Air Transportation Office.
After selling the Iloilo airport,
the government plans to dispose of its assets in Al-Amanah bank, San
Miguel Corp. and Manila Electric Co. (Meralco).
The government has announced that
it is currently holding discussions on the sale of its shares in San
Miguel and Meralco.
Other assets that are also
scheduled to be sold this year include the Fujimi, Tokyo property
and the Philippine Postal Corp.
The government also hopes to
privatize RPN 9 and IBC 13, both state-run television stations.
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