NAIA privatization covers operations, not assets — Transport chief - BusinessWorld Online

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The Transportation department on Tuesday clarified that the Marcos administration will only privatize the maintenance and operations and not the assets of Metro Manila’s international airport. READ:

NINOY Aquino International Airport check-in counters. — BW FILE PHOTO

Transportation Secretary Jaime J. Bautista made the clarification after President Ferdinand R. Marcos Jr. denied on Monday night that there were plans to privatize the Ninoy Aquino International Airport . “What the President meant was that the assets of NAIA would not be given to the private sector,” he said. “What he meant was that it’s the private sector that will manage the operations through a concession agreement, which is what we have been doing at two airports now – Cebu and Clark.”

When asked to confirm the President’s statement, Mr. Bautista said: “We are preparing the terms of reference, and this will be subject to bidding by proponents.”“One is for us to receive what you call an unsolicited proposal New York, or we will invite them to submit a proposal based on the approved terms of reference that we are now preparing,” Mr. Bautista said. “That’s the possibility on the NAIA operations.

 

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