The rehabilitation of the congested Naia, which is estimated to cost P141 billion, may start by the first quarter of 2024 as the government seeks a private concessionaire to take up the big-ticket infrastructure project. | TyronePiad /PDI
Last week, the Department of Transportation and the Manila International Airport Authority submitted its solicited proposal for the Naia rehabilitation project to the National Economic and Development Authority for approval.
Lim said that the winning bidder must commit to invest P141 billion for the expansion and improvement of the airport, including its air traffic control equipment, runways and taxiways and terminal facilities. Overall, the project seeks to increase the passenger capacity at the congested airport and to improve the experience of travelers through shorter waiting and processing times, modern facilities and better connectivity between terminals.
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