(UPDATE) PRESIDENT Ferdinand Marcos Jr. on Monday hailed the signing of a P170.6 billion deal with San Miguel Corp. (SMC) to rehabilitate the Ninoy Aquino International Airport (NAIA), saying he was confident this would wipe away the gateway's image as one of the worst in the world.
PRESIDENT Ferdinand Marcos Jr. on Monday hailed the signing of a P170.6 billion deal with San Miguel Corp. to rehabilitate the Ninoy Aquino International Airport , saying he was confident this would wipe away the gateway's image as one of the worst in the world.During the ceremonial signing at the Palace, Marcos said the Private Public Partnership Project is the 'great catch-up plan' that should go beyond the airport's physical design and structure.
Today, we chart the future of the airport,' he said, adding that the bottom line of NAIA's resurgence 'is not what it will bring to the coffers of our government, but the comfort it will bring to its passengers.'SMC President and CEO Ramon Ang said plans include an additional passenger terminal near the abandoned Philippine Village Hotel to ease traffic in the existing terminals, but he also held out the prospect of more immediate improvements.
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