Conglomerates formalize NAIA bid

  • Page Views 368
  • Seven of the country’s top conglomerates have formalized their bid to rehabilitate, operate, and maintain the Ninoy Aquino International Airport (NAIA).

    Aboitiz InfraCapital, Inc., the Ayala group’s AC Infrastructure Holdings Corp., Andrew Tan’s Alliance Global Group, Inc., Lucio Tan’s Asia’s Emerging Dragons Corp., the Gotianun’s Filinvest Development Corp., the Gokongwei’s JG Summit Holdings Inc. and Metro Pacific Investments Corp. said the NAIA will “continue to be a strategic gateway” and a “key hub of airline operations for many more years.”

    “The consortium will work with foreign technical partners with proven world class track records and experiences in airport operations to improve, upgrade, and enhance the operational efficiencies of NAIA covering both landside and airside facilities,” it said.

    Numerous foreign and local experts have highlighted the advantage of keeping an airport within city limits

    “Numerous foreign and local experts have highlighted the advantage of keeping an airport within city limits. Like other major cities in the world, experts recommend an in-city airport and another one outside the metropolis to complement it,” the consortium  added.

    The consortium took note of “megacities that benefit from a two-airport set-up include Tokyo (Haneda and Narita) and London (Gatwick and Heathrow).”

    The group  said given “proper upgrades and strategic improvements,” NAIA can easily accommodate an additional 11 million passengers annually from the current 39.5M passengers, and can increase its hourly aircraft movements (landing and take-off) from 40 movements per hour to 48 movements per hour.

    “The unsolicited proposal is intended to help accelerate the government’s ‘Build Build Build’ program. Augmenting NAIA’s capacity is the quickest way to address airport congestion while other airports are being developed outside Metro Manila,” it added. .

    The consortium believes that “this approach promotes greater economic benefit and sustainability for the whole country.” The terms of the Memorandum of Understanding or framework of the consortium are still under negotiation. (R. Castro, Malaya)

    Share

    New Posts Recently publish post More

    • 16 September 2018
      2 days ago No comment

      MOSAIC’s statement on Shen murder case

      Vancouver, BC – In response to calls from media seeking comment about the Shen murder suspect’s immigration status, Olga Stachova, Chief Executive Officer has released the following statement on behalf of MOSAIC (Multilingual Orientation Services Association for Immigrant Communities). As with all Canadians, the thoughts of MOSAIC staff are ...

    • 16 September 2018
      2 days ago No comment

      No kid gloves

      It’s alarming. The number of young people dying in Canada has risen in the last few years, and not because of illness, but pure and simple neglect by the government. Canada’s reputation in the world as a healthy place to raise children is belied by statistics showing high rates ...

    • 16 September 2018
      2 days ago No comment

      New Surrey LRT

      Better transportation for everyone in Surrey is one step closer to reality. Last week, the Surrey-Newton-Guildford Light Rail Transit (SNG LRT) Project reached a critical milestone with the formal approval of the Business Case by the governments of Canada and B.C. The Project is now fully approved and fully ...

    • 16 September 2018
      2 days ago No comment

      Rotary Club Vancouver Mountainview leads Community Service

      Rotary Club Vancouver Mountainview held a community service for the residents of the Banfield Pavilion of the Vancouver General Hospital last August 10 entitled the Banfield Pavilion Carnival. The carnival was attended by the residents and their families, and the Rotary Club treated them to fun games and carnival ...

    • 16 September 2018
      2 days ago No comment

      Duterte bares ouster plot by Trillanes and other foes

      Philippine President Rodrigo Duterte revealed on September 11 an alleged plot to topple his government. Vowing to prove that the destabilization plot against his administration is actually true, Duterte said that he has evidence that point to his political opponents, the communists, and the Magdalo Group of Senator Antonio ...

    %d bloggers like this: