The private sector is pushing for the revival of a 2018 proposal to form a consortium that will modernize the Ninoy Aquino International Airport, following the Jan 1 glitch that halted all travel within Philippine airspace. | DYGalvezINQ
In 2018, a consortium of six of the Philippines’ biggest conglomerates submitted an unsolicited proposal to upgrade the country’s main airport to be undertaken in three phases from 2021 to 2024. The project will decongest and increase the capacity of the airport.
The proposal also promised to increase Naia’s efficiency by 20 percent and will make it a world-class gateway on par with the world’s best airports. . Also, the proposal did not require any government guarantee or the imposition of a moratorium on the construction of another major airport. It was recommended by the Department of Transportation for approval to the Manila International Airport Authority, the primary government agency for the project.By August that year, the consortium secured from the government an original proponent status for its plan to rehabilitate Naia and it was approved by the National Economic Development Authority board in November 2019.
However, in March 2020, then Transport Secretary Art Tugade said he will cancel the unsolicited proposal and will offer the project to parties that are ready to accept the government’s terms and conditions if a deal is not finalized.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Concepcion revives consortium proposal for Naia rehabilitation - BusinessMirrorFollowing the glitch that halted all air travel within Philippine airspace on Sunday, January 1, Go Negosyo founder Jose Maria A. Concepcion III is suggesting the revival of a 2018 proposal forming a consortium to modernize the Ninoy Aquino International Airport (Naia). “Naia is strategically located and any improvements made here will redound to so
Read more »
PAL flight from Australia first to land at NAIA as air navigation partially restoredAviation authorities have started to fix the technical glitch at the air navigation system at the Ninoy Aquino International Airport (NAIA).
Read more »
'Technical issues' halt New Year flights at NAIATOP STORY: Flights to and from Metro Manila were put on hold on New Year’s Day, Sunday, January 1, over “technical issues” with the air navigation system of the Civil Aviation Authority of the Philippines (CAAP). READ:
Read more »
Meralco claims no trouble, issues, or power outage earlier—NAIA resumes operations
Read more »
Technical glitch in NAIA air traffic system fixed; full operation restored at 7:45 p.m. SundayTechnical glitch in NAIA air traffic system fixed; full operation restored at 7:45 p.m. Sunday.
Read more »
Thousands stranded as aviation officials rush to address air navigation glitch at NAIAThe Nation's Leading Newspaper
Read more »