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The Philippines Department of Transportation and Communications (DOTC) has received bid documents from seven groups for the P17.5 billion ($14.4 million) contract to expand the Mactan-Cebu International Airport (MCIA).

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The seven groups, which include local conglomerates, airlines and airport operators are MPIC-JGS Consortium, AAA Airport Partners, Filinvest-CAI Consortium, San Miguel-Incheon Airport Consortium, First Philippine Airports, Premier Airport group, and GMR Megawide Consortium.

The expansion of the airport includes the construction of a new international passenger terminal building on Mactan island that can handle a capacity of about eight million passengers a year. The 20-year contract will also include renovation and expansion of the existing terminal, installation of equipment, and the operation of both new and existing terminals.

The airport expansion project will be developed in two phases. MCIA is the second largest airport in the Philippines after Manila International Airport.

The DOTC, which is currently reviewing and evaluating the documents, will announce the consortiums prequalified for the project on 17 May 2013.