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SBMA reviews Cerberus’ unsolicited proposal for Subic airport development - BusinessWorld Online

Summary by bworldonline.com
By Ashley Erika O. Jose, Reporter THE P5.31-billion unsolicited proposal of US-based investment company Cerberus Asia Pacific Investments, LLC (Cerberus) to manage, operate, and upgrade Subic Bay International Airport (SBIA) is now being reviewed by the Subic Bay Metropolitan Authority (SBMA) after the go signal from the Public-Private Partnership (PPP) Center. “This unsolicited project was endorsed by the (PPP) Center to the IA (implementing ag…

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SBMA reviews Cerberus’ unsolicited proposal for Subic airport development - BusinessWorld Online

By Ashley Erika O. Jose, Reporter THE P5.31-billion unsolicited proposal of US-based investment company Cerberus Asia Pacific Investments, LLC (Cerberus) to manage, operate, and upgrade Subic Bay International Airport (SBIA) is now being reviewed by the Subic Bay Metropolitan Authority (SBMA) after the go signal from the Public-Private Partnership (PPP) Center. “This unsolicited project was endorsed by the (PPP) Center to the IA (implementing ag…

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bworldonline.com broke the news in on Tuesday, February 17, 2026.
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