Miyerkules, Hunyo 28, 2006

Nene welcomes AEDC suit on NAIA 3 vs. gov’t - Malaya 06.28.2006

SENATE minority leader Aquilino Pimentel Jr. yesterday said the Lucio Tan-led Asian Emerging Dragon Corp. (AEDC) would be doing the country a big favor by suing government should it operate the mothballed Ninoy Aquino International Airport Terminal 3 (NAIA-3).

"Lucio Tan and his associates should do what they threaten to do so that the issues connected with the opening of the NAIA-3 would be put to rest," Pimentel said. "It is in the best interest of the country that such a step is taken by Mr. Tan et al because it (would be) worse if the facility is allowed to lie fallow and rot."

AEDC was the original winning bidder for the contract to build NAIA-3 but it was the Philippine International Air Terminals Co. (Piatco) which proceeded to build the terminal after winning a re-bid of the project. Piatco is 60 percent owned by the Cheng family. The other shareholders are Germany’s Fraport AG, SB Airport Investments Inc., Sojitz Corp. and Nissho Iwai Corp.

Pimentel said a court ruling on a possible suit against government could finally resolve all the legal issues connected to the opening of NAIA-3.

"It is a pity that after the contract to construct the terminal was approved by three administration (Ramos’, Estrada’s and Arroyo’s), its public use is being held hostage by some vested interests. Let those vested interest fight it out with the courts to determine their rights," the opposition senator said.

AEDC counsel Perfecto Yasay earlier warned that the Tan-led consortium will sue the government if it operates NAIA-3 after complying with the court order to pay Piatco P3 billion in compensation.

Yasay also said the AEDC remains committed to the NAIA-3 project and the company is even willing to pay Piatco as long as government recognizes its right to operate the terminal.

The government took control of the NAIA-3 in December 2004 after a Supreme Court ruling voided the contract to build the facility for its questionable provisions. The terminal was set for a soft opening last March 31 but this was postponed indefinitely after a part of the ceiling collapsed. – Dennis Gadil
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