Invest Daily Pro
  • Economy
  • Investing
No Result
View All Result
  • Economy
  • Investing
No Result
View All Result
Invest Daily Pro
No Result
View All Result
Home Top News

Uy’s air navigation control proposal ‘rejected’ — PPP Center

by
December 11, 2024
in Top News
0
Uy’s air navigation control proposal ‘rejected’ — PPP Center
0
SHARES
19
VIEWS
Share on FacebookShare on Twitter
COMCLARK Chief Executive Officer Dennis Anthony H. Uy — CONVERGEICT.COM

By Ashley Erika O. Jose, Reporter

THE Department of Transportation (DoTr) has rejected ComClark Network and Technology Corp.’s P29.82-billion unsolicited proposal to manage the country’s air navigation, traffic, and control system, according to the Public-Private Partnership (PPP) Center.

“The DoTr has decided to reject and return the unsolicited proposal. The DoTr will soon be sending the proponent the rejection letter, which will contain the grounds for rejection,” PPP Center Deputy Executive Director Jeffrey I. Manalo told reporters on the sidelines of a press briefing on Wednesday.

The Dennis Anthony H. Uy-led proponent may resubmit its unsolicited proposal upon addressing the grounds for rejection, Mr. Manalo said.

In October, Civil Aviation Authority of the Philippines (CAAP) Director-General Manuel Antonio L. Tamayo said that CAAP — as the implementing agency — was evaluating the proposal of ComClark.

Information from the PPP Center’s website indicates that ComClark’s proposal encompasses the construction, modernization, and operation of air navigation service facilities, including air traffic services and communications, navigation, surveillance, and traffic management systems. The company plans to execute the project with an international partner.

The proposal aims to modernize air traffic safety while also enhancing operational efficiency and reliability.

“By addressing critical shortcomings and leveraging innovative strategies, this initiative aims to instill a robust framework that ensures the utmost safety and effectiveness in air traffic management operations nationwide,” the PPP Center said.

To recall, PPP Center Executive Director Ma. Cynthia C. Hernandez said previously that the Air Traffic Services-Air Navigation Services project was also being evaluated as a solicited project.

The project involves the financing, design, construction, operations, and maintenance of air traffic services and air navigation services of the country’s airspace and international airspace managed by the Philippines, she said.

The Transportation department has said that, while there is an unsolicited proposal for managing and controlling the air traffic control system, it has also tapped the World Bank and the International Finance Corp. to conduct a study on the management of the country’s air traffic control.

The DoTr said that allowing a private company or creating a separate entity to manage and control the country’s air traffic control system will relieve CAAP of its conflicting roles.

ComClark is the controlling shareholder of Converge ICT Solutions, Inc., a listed telecommunications company. Converge has not received any information from the DoTr or PPP Center pertaining to the project, according to its communications team on Wednesday.

BusinessWorld also reached out to CAAP’s Mr. Tamayo for comment via text message and Viber. CAAP is an attached agency of the DoTr and is responsible for regulating and overseeing civil aviation in the country.

ShareTweetPin

Related Posts

Marriott, Flutter, Coca-Cola among stocks poised to gain from FIFA World Cup 2026
Top News

Marriott, Flutter, Coca-Cola among stocks poised to gain from FIFA World Cup 2026

June 11, 2026
FTSE 100 edges higher as investors balance financial recovery and AI risks
Top News

FTSE 100 edges higher as investors balance financial recovery and AI risks

June 11, 2026
SAP stock tumbles 3%: why Oracle’s AI capex surge is hitting software shares
Top News

SAP stock tumbles 3%: why Oracle’s AI capex surge is hitting software shares

June 11, 2026
Dow futures surge 370 points: 5 things to know before market opens
Top News

Dow futures surge 370 points: 5 things to know before market opens

June 11, 2026
Why Claude Mythos Preview is a wake-up call for Wall Street
Top News

Why Claude Mythos Preview is a wake-up call for Wall Street

June 11, 2026
SpaceX IPO’s valuation battle has bulls aiming share at $165 while bears see $63
Top News

SpaceX IPO’s valuation battle has bulls aiming share at $165 while bears see $63

June 11, 2026
Next Post
GoTyme Bank reaches 5.1 million customers, P24 billion in deposits

GoTyme Bank reaches 5.1 million customers, P24 billion in deposits

Recommended

ALLHC eyes completion of 2nd cold storage facility in Cebu by Q3 2025

ALLHC eyes completion of 2nd cold storage facility in Cebu by Q3 2025

September 4, 2024
Entertainment News (08/27/24)

Entertainment News (08/27/24)

August 26, 2024
UK risks falling behind in global quantum computing race, warn start-up founders

UK risks falling behind in global quantum computing race, warn start-up founders

September 11, 2024
Could Bitcoin Reach $200000? Market & Expert Insights

Could Bitcoin Reach $200000? Market & Expert Insights

February 13, 2025
Stock Market News UK Update: FTSE 100 & 250 Rise

Stock Market News UK Update: FTSE 100 & 250 Rise

April 5, 2025
IC studying rules for selling insurance to OFWs

IC studying rules for selling insurance to OFWs

August 1, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Central bankers grow nervous about AI funding

    Central bankers grow nervous about AI funding

    June 30, 2026
    Honeywell Aerospace makes strong debut after spinoff

    Honeywell Aerospace makes strong debut after spinoff

    June 30, 2026
    Hotel prices have actually fallen in these major cities

    Hotel prices have actually fallen in these major cities

    June 30, 2026
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 investdailypro.com | All Rights Reserved

    No Result
    View All Result
    • Home
    • Privacy Policy
    • Terms & Conditions
    • Thank you

    Copyright © 2026 investdailypro.com | All Rights Reserved