San Miguel Corp wants to build $10b Manila airport

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Manila's old Ninoy Aquino International Airport
Manila’s old Ninoy Aquino International Airport

San Miguel Corp, the Philippines’ largest business conglomerate, is planning to present a proposal to the government soon to build a $10 billion airport in the capital Manila, its president said on March 25 according to Reuters.

Ramon Ang said that the company was set to present its plan for an alternative international airport in Manila in April. The group, which also owns a portion of flag carrier Philippine Airlines, announced last year its intention to build a new facility to complement the ageing Ninoy Aquino International Airport (NAIA). It delayed the plan pending questions on state policy on airline companies operating airports.

Any unsolicited infrastructure project proposal, like the one San Miguel is planning, is subject to government scrutiny and must first be presented to President Benigno Aquino, Transportation Secretary Jose Emilio Abaya said. Upon the president’s approval, it is then subjected to a challenge where other bidders are asked to compete for the project, with the original proponent allowed to match the best proposal.

Abaya said the government, with the help of the Japan International Cooperation Agency (JICA), is also studying the possibility of converting a former US navy base at Sangley point in southwestern Cavite province into an alternative international airport. He said its location, just 20 minutes away from Manila, makes it ideal. The Sangley airport project is part of a $51 billion transportation infrastructure plan JICA has presented to the government. The plan also involves building subway and rail networks.

“The NAIA is already getting saturated, there is no more time,” Shizuo Iwata, project manager at JICA, said regarding the $9 billion airport project component of JICA’s “Dream Plan”. The plan is awaiting approval of an inter-agency committee chaired by Aquino.

San Miguel is planning to build an airport with four runways at an 800-hectare property within the metropolis under a build-operate-transfer scheme. Ownership of the facility will be turned over to the government after 25 years. That will be double the 400-hectare lot currently occupied by NAIA, which, with its single runway, exceeded its maximum annual capacity of 30 million passengers last year, according to the transportation department.

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Reading Time: 2 minutes

Manila’s old Ninoy Aquino International Airport

San Miguel Corp, the Philippines’ largest business conglomerate, is planning to present a proposal to the government soon to build a $10 billion airport in the capital Manila, its president said on March 25 according to Reuters.

Reading Time: 2 minutes

Manila's old Ninoy Aquino International Airport
Manila’s old Ninoy Aquino International Airport

San Miguel Corp, the Philippines’ largest business conglomerate, is planning to present a proposal to the government soon to build a $10 billion airport in the capital Manila, its president said on March 25 according to Reuters.

Ramon Ang said that the company was set to present its plan for an alternative international airport in Manila in April. The group, which also owns a portion of flag carrier Philippine Airlines, announced last year its intention to build a new facility to complement the ageing Ninoy Aquino International Airport (NAIA). It delayed the plan pending questions on state policy on airline companies operating airports.

Any unsolicited infrastructure project proposal, like the one San Miguel is planning, is subject to government scrutiny and must first be presented to President Benigno Aquino, Transportation Secretary Jose Emilio Abaya said. Upon the president’s approval, it is then subjected to a challenge where other bidders are asked to compete for the project, with the original proponent allowed to match the best proposal.

Abaya said the government, with the help of the Japan International Cooperation Agency (JICA), is also studying the possibility of converting a former US navy base at Sangley point in southwestern Cavite province into an alternative international airport. He said its location, just 20 minutes away from Manila, makes it ideal. The Sangley airport project is part of a $51 billion transportation infrastructure plan JICA has presented to the government. The plan also involves building subway and rail networks.

“The NAIA is already getting saturated, there is no more time,” Shizuo Iwata, project manager at JICA, said regarding the $9 billion airport project component of JICA’s “Dream Plan”. The plan is awaiting approval of an inter-agency committee chaired by Aquino.

San Miguel is planning to build an airport with four runways at an 800-hectare property within the metropolis under a build-operate-transfer scheme. Ownership of the facility will be turned over to the government after 25 years. That will be double the 400-hectare lot currently occupied by NAIA, which, with its single runway, exceeded its maximum annual capacity of 30 million passengers last year, according to the transportation department.

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