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Megawide-GMR may bag P17.5B PPP deal

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The consortium of Megawide Construction Corp. and India’s GMR Infrastructure Ltd. is the frontrunner for a P17.5-billion deal to operate and expand Mactan Cebu International Airport, the country’s second-busiest air facility. INQUIRER.net FILE PHOTO

The consortium of Megawide Construction Corp. and India’s GMR Infrastructure Ltd. is the frontrunner for a P17.5-billion deal to operate and expand Mactan Cebu International Airport, the country’s second-busiest air facility.

Posted: December 13th, 2013 in Editor's Pick,Headlines | Read More »

DOTC seals deal with Japanese contractor to rehabilitate NAIA Terminal 3

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Ninoy Aquino International Airport Terminal 3. PHOTO BY RICK ALBERTO / INQUIRER.net

The government has finally sealed a P1.9 billion deal with contractor Takenaka Corp. of Japan to bring the Ninoy Aquino International Airport’s Terminal 3 to full operational status next year but the rehabilitation itself could take longer than initially expected.

Posted: August 10th, 2013 in Latest Business Stories | Read More »

Groups back two-airport system for Luzon

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Business groups have thrown their support behind the government’s plan to implement a two-airport system for Luzon to enhance air connectivity across the country.

Posted: July 28th, 2013 in Headlines | Read More »

Cagayan airport building hangars for jet-setting Asians

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It was supposed to be a secret but the presence of Senate President Juan Ponce Enrile had to be explained.

Posted: February 21st, 2013 in Headlines | Read More »

Philippines to spend $45 million for airport upgrade

INQUIRER FILE PHOTO

The Philippine government has released $45 million to spruce up its newest airport terminal in a bid to boost tourism.

Posted: February 12th, 2013 in Latest Business Stories | Read More »

DOTC allows more firms to bid for P17-B Cebu airport project

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Citing the need for broader competition, the Department of Transportation and Communications (DOTC) has allowed companies with stakes in airlines to participate in the P17.5-billion Mactan-Cebu International Airport (MCIA) development project.

Posted: February 3rd, 2013 in Headlines | Read More »

MVP eyes foreign partner in Mactan-Cebu bid

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Businessman Manuel V. Pangilinan: Looking for foreign partner

Businessman Manuel V. Pangilinan’s Metro Pacific Investments Corp. (MPIC) is forming a joint venture with a foreign partner to make a strong bid for the Mactan-Cebu international airport project, one of the biggest infrastructure contracts being bid out by the Aquino administration this year.

Posted: January 16th, 2013 in Editor's Pick,Headlines | Read More »

Foreign consultant Incheon tapped for Naia 3

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The Philippine government has tapped the operator of South Korea’s Incheon International Airport, one of the world’s top aviation hubs, as a consultant for the completion of the Ninoy Aquino International Airport (Naia) terminal 3.

Posted: January 6th, 2013 in Headlines | Read More »

Japan passes crucial deficit-financing bond bill

Japanese lawmakers on Friday passed a crucial deficit-financing bond bill that will allow Tokyo to pay for a huge chunk of this year’s public spending, avoiding the country’s own “fiscal cliff”.

Posted: November 16th, 2012 in Latest Business Stories | Read More »

Clark gets 1M passengers in 10 months

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The Clark International Airport (CIA) marked a milestone last Wednesday when it served its one millionth passenger in just 10 months.

Posted: October 29th, 2012 in Headlines | Read More »

Gov’t to reconsider Clark as premier gateway

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Transportation and Communications Secretary Joseph Abaya: Our fault. INQUIRER FILE PHOTO

The government is taking a second look at plans to replace Manila’s Ninoy Aquino International Airport (Naia) with a new facility in Clark, which several groups have criticized as too far from the country’s capital.

Posted: October 29th, 2012 in Latest Business Stories | Read More »

DOTC allots P1.1B for Bicol, Mindanao airports

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Logo taken from http://www.dotc.gov.ph

The government is set to replace the Legazpi Airport in Albay as the Bicol region’s major hub with a new international airport capable of accommodating more passengers to cater to the area’s growing needs.

Posted: September 21st, 2012 in Latest Business Stories | Read More »

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