Speaker looks forward to a much better NAIA after concession agreement signing

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Speaker Ferdinand Martin Romualdez on Monday welcomed the signing of the landmark P170.6 billion Public-Private Partnership concession agreement aimed at the comprehensive rehabilitation and operation of the Ninoy Aquino International Airport .

“The revitalization of NAIA also promises broader economic benefits for our country and our people, including job creation, increased tourism, and greater connectivity with global markets,” Romualdez pointed out. SMC-SAP & Co. Consortium, composed of San Miguel Holdings Corp., RMM Asian Logistics, Inc., RLW Aviation Development, Inc., and Incheon International Airport Corp bagged the P170.6 billion PPP project by offering the biggest revenue share of 82.16 percent to the government.

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MlaStandard /  🏆 20. in PH

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