Under the proposal, a private concessionaire will upgrade the airport’s equipment and facilities. In return, it will have 15 years to run the airport and recover its investment.
Ninoy Aquino International Airport
The two agencies have submitted their proposal to the National Economic and Development Authority board for approval. The project, a solicited public private partnership deal, would “increase the capacity of NAIA and ensure safe operations while significantly improving the passenger experience,” the DOTr said in a press statement on Friday, June 2.
The DOTr said that this project would address the growing demand for air travel in the Greater Capital Region – which often refers to Metro Manila, Bulacan, Rizal, Cavite, and Laguna – while additional airports are built in the regions.
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