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MACROASIA Corp. is currently preparing its bid for the Sangley Point International Airport project in Cavite.

“We are working on the bid,” MacroAsia Corp. President and Chief Operating Officer Joseph T. Chua told reporters in Pasay City on Nov. 27.

Asked if the company will partner with other groups for the bid, he said: “We still don’t know actually. We are still looking into it.”

The Cavite provincial government is looking for private sector partners to turn the Sangley airport into an international hub. The $10-billion airport project will have four runways and a terminal that can handle 100 million passengers annually.

Mr. Chua said the deadline for bids has been extended to Dec. 17 from the original date Nov. 25.

He said the new deadline gives them more time to “study” the bid and decide on their possible partners.

MacroAsia Chief Financial Officer Amador T. Sendin said they are one of the companies who requested to extend the deadline.

Asked if MacroAsia is “sure” to participate in the bidding, Mr. Sendin said: “Yes.”

For his part, Mr. Chua said the Sangley Airport project is “viable.”

“Of course it’s viable. The Philippines can have multiple airports. There are so many tourists we’re waiting to come in,” he said.

Cavite Governor Juanito Victor “Jonvic” C. Remulla earlier said the groundbreaking for the project is targeted on Jan. 15 and that the airport should be operational by 2023. The fourth runway, he also said, will be opened after six years.

Apart from MacroAsia Properties Development Corp., other groups that have bought bid documents for the project, according to Mr. Remulla, are Metro Pacific Investments Corp.; Prime Asset Ventures, Inc.; Philippine Airport Ground Support Solutions, Inc.; Langham Properties, Inc.; Chinese Communications Construction Co.; and Mosveldtt Law Offices.

Megawide Construction Corp. earlier said that it was also evaluating prospects of the airport project. — Arjay L. Balinbin