San Miguel to build new passenger terminal building for NAIA

NAIA DEAL SEALED. President Marcos is flanked by Speaker Ferdinand Martin G. Romualdez and Executive Secretary Lucas Bersamin as they witness the signing of the P170.6-billion Ninoy Aquino International Airport Project Concession Agreement during rites at Kalayaan Hall in Malacañang Palace on Monday. Signing the contract are San Miguel Corporation President and CEO Ramon Ang, Transportation Secretary Jaime Bautista, and Manila International Airport Authority General Manager Eric Jose Ines.

At present, NAIA is operating beyond its designed capacity of 35 million passengers, clogging air traffic and causing frequent flight delays. He said the project would mobilize approximately P88 billion in capital investments in its first six years of operation. “It will also create opportunities for Filipinos. With a modernized NAIA, we are elevating the airport’s facilities and services to international standards,” Bautista said.

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

San Miguel-led NAIA winning bidder to build new passenger terminal —Ramon AngThe San Miguel Corp.-led private sector group that bagged the operations and maintenance contract for NAIA is planning to build a new passenger terminal aimed at decongesting the airport’s existing terminals.
Source: gmanews - 🏆 11. / 68 Read more »

Marcos, Ramon Ang’s San Miguel ink landmark $3-billion NAIA rehab dealThe NAIA rehabilitation takes off as the Philippine government and the consortium led by Ramon Ang's San Miguel Corporation sign the concession agreement
Source: rapplerdotcom - 🏆 4. / 86 Read more »

San Miguel drops plan to build Pasig River ExpresswayConglomerate San Miguel Corporation (SMC) is no longer pushing through with its plan to construct the P95-billion Pasig River Expressway (PAREX).
Source: gmanews - 🏆 11. / 68 Read more »

San Miguel shelves Pasig River Expressway projectDefining the News
Source: MlaStandard - 🏆 20. / 55 Read more »

PBA: San Miguel hangs on to frustrate TNT, cruises to 2-0San Miguel squandered an early double-digit lead, but fended off a strong comeback attempt from TNT to gut out a narrow 91-89 win in the PBA Philippine Cup on Sunday.
Source: gmanews - 🏆 11. / 68 Read more »

San Miguel rookie Kyt Jimenez out after ice bath accidentSan Miguel rookie Kyt Jimenez is just glad that he lives to tell the tale after losing a significant amount of blood in a freak accident
Source: rapplerdotcom - 🏆 4. / 86 Read more »