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DOTr, MIAA proposed NAIA upgrade
By J.Lo
"Private concessionaire will have 15 years to operate airport and recover its investment , period meant to ensure sufficient capacity to meet growing demand in Greater Capital Region while new airports elsewhere in the region are still at various stages of development and planning,"in statement Department of Transportation (DOTr) and Manila International Airport Authority (MIAA) submitted joint proposal to improve services and increase capacity of Ninoy Aquino International Airport (NAIA).
Proposal is for NAIA solicited Public Private Partnership (PPP) project subject for approval by National Economic Development Authority (NEDA) board.
In press statement, DOTr said project aims to increase capacity of NAIA and ensure safe operations "while significantly improving passenger experience at the airport through shorter waiting and processing times, more comfortable and modern facilities, and better connectivity between terminals."
DOTr and MIAA said government needs private concessionaire to invest in modern air traffic control equipment, rehabilitate runways and taxiways, and improve existing terminal facilities.
DOTr Secretary Jaime Bautista pointed out how private companies developed Cebu and Clark airports to improve airport services to Filipino travelers and visitors.
"With this project, it is our goal travelers to and from Manila, our country's main international gateway, also benefit from improvements in efficiency and service that world-class airport operators and investors can bring," he said.
Solicited and unsolicited modes are strategies being undertaken by DOTr and MIAA with assistance of their transaction advisor, Asian Development Bank.
In April 2023, six Filipino conglomerates and US-based Global Infrastructure Partners (GIP) formed Manila International Airport Consortium (MIAC) and submitted unsolicited proposal valued at over P100 billion to upgrade NAIA.
Six conglomerates joined forces with GIP are Aboitiz InfraCapital Inc., AC Infrastructure Holdings Corporation, Asia's Emerging Dragon Corporation, Alliance Global-Infracorp Development, Inc., Filinvest Development Corporation, and JG Summit Infrastructure Holdings Corporation.
MIAC forecasts NAIA will have ability to serve up to 62.5 million passengers per annum efficiently by 2028,more than double than its currently constrained design capacity, which stands at only 31 million passengers per annum.
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