By Krista A. M. Montealegre,
LONDON-BASED SSP Group bagged the contract to manage the food and beverage (F&B) outlets of the Mactan-Cebu International Airport (MCIA).
MCIA President Louie B. Ferrer told reporters on Tuesday SSP Group was awarded a seven-year renewable license to design, develop, set up and operate the F&B units of the Cebu airport terminals.
The contract will begin with the opening of terminal 2 in June 2018.
“This is the first professional organization to run (F&B outlets) in an airport (in the Philippines),” Mr. Ferrer said, noting that Megawide will receive a minimum guarantee or a share of revenues, whichever is higher.
MCIA has a commercial area totalling 10,000 square meters.
SSP has over 400 food brands in its portfolio and operates in over 30 countries within leading travel and retail locations such as airports, railway stations, shopping malls and other leisure locations.
SSP operates in more than 125 airports, including John F. Kennedy International Airport in New York City, Heathrow Airport in London and Hongkong International Airport.
“SSP operates in some of the world’s busiest airports. We are proud to partner with them in delivering the world class standards that Filipinos deserve,” Mr. Ferrer was quoted in a statement as saying.
SSP is now finalizing the mix of brands that will be featured in MCIA to satisfy the diverse needs of the growing number of passengers.
“We’re also looking forward to showcasing the best of our local delicacies to international travelers, such as Cebu’s famous lechon and dried mangoes, alongside the best of international cuisine,” Mr. Ferrer said.
At end-September, MCIA has received over 7.4 million passengers. It aims to reach 10 million passengers by the end of this year.
The joint venture company of Megawide and Bangalore-based GMR Infrastructure Ltd. won the contract for the P17.52-billion MCIA Passenger Terminal Building project under the Aquino administration’s flagship public-private partnership (PPP) program and the concession to develop MCIA for a period of 25 years.
Shares in Megawide shed eight centavos or 0.47% to close at P17.10 apiece on Tuesday.