Privatization of Naia seen to start by Q1 of 2024 | Lorenz S. Marasigan

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Privatization of Naia seen to start by Q1 of 2024 | Lorenz S. Marasigan
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The Department of Transportation (DOTr) said on Wednesday it is looking at implementing the P141-billion privatization project for the Ninoy Aquino International Airport (Naia) in the first quarter of 2024. Know more:

THE Department of Transportation said on Wednesday it is looking at implementing the P141-billion privatization project for the Ninoy Aquino International Airport in the first quarter of 2024.

“That is a very tough and tight schedule. We can say that it is doable in the first quarter of next year. It is doable that there will be a conclusion that could possibly be proclaimed by the government,” he said in a statement. He added that the deal will have “upsides” in terms of efficiency in passenger and flight movement, and generate income for the government.

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