Benefits of privatization of NAIA cited by Salceda | Jovee Marie de la Cruz

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A leader of the House of Representatives has reiterated that the privatization of the Ninoy Aquino International Airport (NAIA) will help the next government to raise new revenues while decongesting Metro Manila.

A leader of the House of Representatives has reiterated that the privatization of the Ninoy Aquino International Airport will help the next government to raise new revenues while decongesting Metro Manila.

“Let me clarify: I don’t mean just an outright sale, if the incoming President is uncomfortable with disposing government properties,” the lawmaker said. “We can adopt the New Clark City approach of master-planning in the area, profiting from the sale of development rights, rental income, appreciating value due to new business activity and other non-sale means.”

Earlier, Finance Secretary Carlos G. Dominguez III said he is open to selling the NAIA to raise the much-needed revenues to help pay for debts the government incurred after it imposed lockdown measures against Covid-19. Salceda, however, said that the redevelopment of the NAIA should be complemented with the completion of the North-South Commuter Rail project, as air traffic will be diverted to the Bulacan Airport and to Clark.

“But basically, completing these rail projects will ensure that NAIA redevelopment plays a larger role in NCR decongestion,” Salceda added.SALCEDA also suggested the creation of the “Mega Manila Development Council” as a means to connect the development of what he calls the “North of Manila Growth Corridor” and the “South of Manila Growth Corridor.”

 

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