More unsolicited NAIA rehab proposals seen | Inquirer Business
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More unsolicited NAIA rehab proposals seen

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.

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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.

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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.

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TAGS: Department of Transportation (DOTr), Ninoy Aquino International Airport, rehabilitation, upgrade
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