Monday, February 19, 2018

DoTR evaluating P350-b Naia offer

The Department of Transportation said it expects to complete in two months the evaluation of the proposed P350-billion rehabilitation and expansion of Ninoy Aquino International Airport submitted by seven of the country’s biggest conglomerates.

“The proposal was submitted. I haven’t gone through it but if it’s unsolicited, we have look at the merits of it, advantages of it. We have to study it in short. It will have to go through the usual process, evaluated initially by MIAA [Manila International Airport Authority],” Transportation Undersecretary for aviation Manuel Antonio Tamayo said.

“MIAA will go through it, make recommendation to us. We’ll study it as well, meet with proponents and again submit it to Neda [National Economic and Development Authority ],” Tamayo said.

Tamayo said he the evaluation was expected to be completed in two months .

The consortium’s members are Aboitiz InfraCapital, Inc., AC Infrastructure Holdings Corp., Alliance Global Group Inc., AEDC, Filinvest Development Corp., JG Summit Holdings Inc. and Metro Pacific Investments Corp.

The proposal involves expanding and interconnecting the existing terminals of Naia, upgrading airside facilities and developing commercial facilities  to increase airline and airport efficiencies, enhance passenger comfort and experience and improve public perception of Naia as the country’s premier international gateway.

The project is divided into two phases.  Phase 1 includes improvements and expansion of terminals at the current Naia land area, while Phase 2 involves the development of an additional runway, taxiways, passenger terminals and associated support infrastructure.

The group proposed a 35 year concession period.   It committed to spend P100 billon for Phase 1 and P250 billion for Phase 2.

Construction of the additional runway will ensure the ability of Naia to serve as Manila’s gateway for years to come, bringing potential capacity up to 100 million passengers per year from over 40 million passengers last year.

The upgrades will elevate Naia to the level of major regional airports such as Changi in Singapore and Suvarnabhumi in Bangkok and will become a viable transit hub for the Asean region

Naia Consortium  tapped world’s premier airport operators, Changi Airports International Pte. Ltd., to provide technical support in the areas of master planning, operations optimization and commercial development.

The proposed Naia expansion will increase it capacity from 40 million passengers a year to 100 million passengers. 

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