Philippines approves new $14.5-billion international airport for Manila

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The Philippine government approved a plan to build a new $14.5-billion international airport for Metro Manila that will cater to at least 100 million passengers annually, three times the capacity of Ninoy Aquino International Airport (NAIA), aimed at decongesting Manila’s ageing existing facility.

Domestic industry conglomerate San Miguel Corp won the contract to build and operate the airport which would be located in Bulacan in Central Luzon Region, eleven kilometers north of Manila. The airport would feature four parallel runways – as opposed to NAIA’s two runways – and could be expanded to 200 million passengers a year.

San Miguel’s unsolicited bid went unchallenged following a two-month period for companies to submit their documents, Giovanni Lopez, chairman of the transport ministry’s bids and awards committee, told media.

The transport department expects San Miguel to start construction late this year, Lopez said. It will feature four runways, aviation-related facilities and equipment and an eight-kilometer airport tollway. If approved, the government will formally hand over a 50-year airport concession to San Miguel.

“It is our single biggest investment in our country,” San Miguel president and COO Ramon Ang said in a statement, adding that “the airport will be built at no cost to the government and with no subsidies or guarantees.”.

The new airport, the Philippines largest transport project to date, will support President Rodrigo Duterte’s ambitious $180 billion infrastructure modernisation programme that includes roads, bridges, ports and the country’s first subway in Metro Manila.

The new airport, the Philippines largest transport project to date, will support President Rodrigo Duterte’s ambitious $180 billion infrastructure modernisation programme that includes roads, bridges, ports and the country’s first subway in Metro Manila.



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The Philippine government approved a plan to build a new $14.5-billion international airport for Metro Manila that will cater to at least 100 million passengers annually, three times the capacity of Ninoy Aquino International Airport (NAIA), aimed at decongesting Manila’s ageing existing facility. Domestic industry conglomerate San Miguel Corp won the contract to build and operate the airport which would be located in Bulacan in Central Luzon Region, eleven kilometers north of Manila. The airport would feature four parallel runways – as opposed to NAIA’s two runways – and could be expanded to 200 million passengers a year. San Miguel’s...

Auto Draft

The Philippine government approved a plan to build a new $14.5-billion international airport for Metro Manila that will cater to at least 100 million passengers annually, three times the capacity of Ninoy Aquino International Airport (NAIA), aimed at decongesting Manila’s ageing existing facility.

Domestic industry conglomerate San Miguel Corp won the contract to build and operate the airport which would be located in Bulacan in Central Luzon Region, eleven kilometers north of Manila. The airport would feature four parallel runways – as opposed to NAIA’s two runways – and could be expanded to 200 million passengers a year.

San Miguel’s unsolicited bid went unchallenged following a two-month period for companies to submit their documents, Giovanni Lopez, chairman of the transport ministry’s bids and awards committee, told media.

The transport department expects San Miguel to start construction late this year, Lopez said. It will feature four runways, aviation-related facilities and equipment and an eight-kilometer airport tollway. If approved, the government will formally hand over a 50-year airport concession to San Miguel.

“It is our single biggest investment in our country,” San Miguel president and COO Ramon Ang said in a statement, adding that “the airport will be built at no cost to the government and with no subsidies or guarantees.”.

The new airport, the Philippines largest transport project to date, will support President Rodrigo Duterte’s ambitious $180 billion infrastructure modernisation programme that includes roads, bridges, ports and the country’s first subway in Metro Manila.

The new airport, the Philippines largest transport project to date, will support President Rodrigo Duterte’s ambitious $180 billion infrastructure modernisation programme that includes roads, bridges, ports and the country’s first subway in Metro Manila.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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