More unsolicited NAIA rehab proposals seen

INQUIRER PHOTO/LYN RILLON

MANILA  -The Department of Transportation (DOTr) expects to receive more unsolicited proposals to rehabilitate Ninoy Aquino International Airport (Naia) from the private sector after a consortium comprising six of the country’s biggest conglomerates and a US-based infrastructure investment company recently submitted a P100-billion bid.

Transportation Secretary Jaime Bautista said “two boxes of documents” containing the proposal to upgrade the country’s main gateway had arrived.

Asked if more bids are expected to come, he said: “We should be expecting proposals.”

The P100-billion unsolicited proposal was submitted by the Manila International Airport Consortium (MIAC), which seeks to double Naia’s passenger capacity to 62.5 million a year by 2028 from 31 million currently.

https://business.inquirer.net/397956/top-ph-conglomerates-submit-p100-b-naia-plan

MIAC comprises Aboitiz InfraCapital Inc., AC Infrastructure Holdings Corp., Asia’s Emerging Dragon Corp., Alliance Global-Infracorp Development Inc., Filinvest Development Corp., JG Summit Infrastructure Holdings Corp. and Global Infrastructure Partners.