The Department of Transportation (DOTr) is fast tracking the privatization of the Ninoy Aquino International Airport (NAIA) with the completion of the terms of references of its contract, Transportation Secretary Jaime Bautista announced.
The Department of Transportation is fast tracking the privatization of the Ninoy Aquino International Airport with the completion of the terms of references of its contract, Transportation Secretary Jaime Bautista announced Friday, Jan. 13.
Apart from the Clark International Airport , NAIA can only handle 40 to 44 movements of aircraft an hour. At the time, the project attracted the interest of two consortia – the NAIA Consortium, composed of the country’s biggest conglomerates, and the Megawide Construction Corp. and India-based GMR Infrastructure Ltd. Consortium, which built the new Mactan terminal facility.
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