The Manila International Airport Authority has revoked the original proponent status for the group of conglomerates seeking to upgrade the Ninoy Aquino International Airport, the Transportation Department said.dated July 8 but released to the media on Thursday, MIAA said it"has terminated negotiations with the NAIA consortium" and is withdrawing the group's status.
"These two other proponents are willing to get into an agreement with the government which are very similar to terms of the agreement between the project proponents in the Clark airport and BCDA . We're not worried about it, we believe that these other two proponents are willing to step up to the plate here," he added.The global coronavirus crisis has paralyzed air travel and tourism for months now, with major airlines abroad going bottom up.
The big firms also tapped for technical support Changi Airport International, the operator of Singapore's airport which is deemed among the best in the world. The original contract price for the NAIA rehab plan was set at ₱350 billion for a 35-year concession period, which was scaled down to ₱102 billion for a 15-year deal. Tugade once threatened to cancel the project as the group seemed to be taking too long with its final pitch to repair the airport.
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