Philippines - September 2018
Philippine’s biggest conglomerates Metro Pacific Corp, Aboitiz Group, Ayala Inc, Alliance Global Group, Emerging Dragon Corp, Filinvest Development Corp and JG Summit have formed a consortium that plans to redevelop the Ninoy Aquino International Airport (NAIA) in Manila. The consortium submitted an unsolicited proposal to the Department of Transportation (DOTr) and the Manila International Airport Authority (MIAA) last February 12, 2018, seeking to transform NAIA into a regional airport hub and expanding its capacity to meet the anticipated growth in passenger traffic from the strong economies of the Philippines and the region.
DOTr and MIAA have granted Original Proponent Status (OPS) to the “NAIA Consortium” for its proposal to rehabilitate, upgrade, expand, operate, and maintain the Ninoy Aquino International Airport (NAIA) for 15 years, brought down from the originally proposed concession period of 35 years. This OPS is the first step in the NAIA receiving an upgrade to improve the passenger experience for Manila’s international gateway airport. The proposal will still be subjected to a Swiss challenge, where the government will invite other players to make bids..
The PHP 102 Billion (USD 1.8 billion) proposal involves expanding and interconnecting the existing terminals of NAIA, upgrading airside facilities, developing commercial facilities to increase airline and airport efficiencies, enhancing passenger comfort and experience, and elevating the status of NAIA as the country's premier international gateway. According to the proposal, these improvements will be implemented with minimal disruption to ongoing airport operations.
The NAIA project supports the government’s ‘Build, Build, Build’ program with its plan to develop NAIA into a world-class facility and a regional air transport hub by upgrading its airside, landside, and air navigation support—building on the gains already achieved by the DOTr in terms of improving the traffic of aircraft movements on its runways.
(Sources: Metro Pacific; The Philippine Star)