2 other private firms eyeing NAIA rehab project – DOF

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2 other private firms eyeing NAIA rehab project – DOF
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The government may have room to drop its long-delayed talks with the NAIA Consortium in upgrading the country's biggest airport, with Finance Secretary Carlos Dominguez III saying there are two other private groups keen to take on the project.

The government may have room to drop its long-delayed talks with a group of big businesses in upgrading the country's biggest airport, with Finance Secretary Carlos Dominguez III saying there are other private groups keen to take on the project.

The NAIA Consortium said they had to revise their proposed terms to factor in the"long-lasting consequences" of the pandemic, but that the state"is not willing to accept most of the consortium's proposed options."The global coronavirus crisis has paralyzed air travel and tourism for months now, with major airlines abroad going bottom up. Local operators Philippine Airlines, Cebu Pacific, and AirAsia have resorted to layoffs to keep their businesses afloat.

The companies said they can only move forward with the NAIA project under the new options they proposed. However, Dominguez pointed out that proponents of other public-private partnerships have not raised similar concerns so far.

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