The Department of Transportation (DOTr) Secretary Jaime Bautista said the government could award the multibillion-peso rehabilitation deal for the Ninoy Aquino International Airport (Naia) by the end of the year. Know more:
THE Department of Transportation Secretary Jaime Bautista said the government could award the multibillion-peso rehabilitation deal for the Ninoy Aquino International Airport by the end of the year.
On Wednesday, the National Economic and Development Authority Board—chaired by President Ferdinand Marcos Jr.—approved the P170-billion Naia Rehabilitation Project under a solicited scheme. “This won’t undergo a Swiss Challenge, and if we can give the award, the proponent will undergo financial closing, which may take about three to six months. Hopefully, by the middle of 2024, the concession agreement with the winning bidder can start,” Bautista said.Earlier in June, Manila International Airport Consortium submitted a revised P267-billion unsolicited proposal to the government, tagging it as the Naia Masterplan, which calls for a 25-year concession.
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