Aboitiz Group boss sees 'great opportunities' in infrastructure, airports

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MANILA -- The Aboitiz Group sees "great opportunities" in infrastructure, especially in airports, as a growing middle class raring to travel drives growth in tourism, its president said Friday.

MANILA -- The Aboitiz Group sees "great opportunities" in infrastructure, especially in airports, as a growing middle class raring to travel drives growth in tourism, its president said Friday.

The Aboitiz Group is part of a super consortium that proposed to revamp Manila's main airport. It also proposed to build 3 regional air terminals. Addressing questions on whether infrastructure should be funded through official development aid or public private partnerships, Aboitiz said: "My response to that is all of the above. Let's use it all because requirements are huge. We are behind. The sooner we get there, the faster the benefits will accrue to the Filipino people.""It's a frustrating thing. Many times, people that own the land challenge in court, courts hold it up.

 

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