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Boskalis, the Dutch marine and dredging giant, won a contract for the design of land development and construction of the Manila International Airport (MIA) in the Philippines, in what the company said on Tuesday was the largest contract. of its history.
The contract was awarded by San Miguel Aerocity Inc (SMAI), a subsidiary of San Miguel Corporation (SMC), one of the largest companies in the Philippines.
SMAI is the concessionaire for MIA, which is a new development aimed at meeting the growing air traffic demands in the Greater Manila Capital Region and will complement air traffic operations at the current and congested Ninoy Aquino International Airport.
“The MIA development project is worth an estimated € 1.5 billion, making it the largest project in Boskalis history,” Boskalis said. Converted to US dollars, the value of the deal is around $ 1.82 billion.
Peter berdowski, CEO: “The confirmation of a project of this scale is fantastic news. Like Boskalis, we have a rich tradition of creating land around the world to the highest technical and environmental standards. We look forward to applying this knowledge to the development of the Manila International Airport land.
During the construction phase, we will contribute to the local economy and the new airport will bring further socio-economic growth to the Manila region. Through this project, we have ensured the use of our large dredging vessels for the next few years ”.
1,700 hectares of land
Approximately 1,700 hectares of land will be developed for the MIA airport in Bulakan, located about 20 kilometers north of the heart of Metro Manila in the province of Bulacan.
“The land development project will be designed in accordance with the highest technical and environmental standards to withstand potential major earthquakes, local typhoons and future sea level rise,” Boskalis said.
The government of the Philippines granted a 50-year concession to SMAI to build, operate and maintain the airport. The urbanization phase will be financed through a consortium of international banks.
Larger dredgers
For the dredging activities, which will span a three-year period, Boskalis said it would deploy a series of drag suction hopper dredgers, including its larger mega hopper dredgers and a large cutter suction dredger.
“Boskalis’ work plan and methodology includes measures to prevent soil liquefaction throughout the area through the use of dynamic compaction,” the company said.
Preparatory work is scheduled to begin in the first quarter of 2021 and the land development project is expected to be completed by the end of 2024.
