The project is one of three additional infrastructure projects the President approved as part of the administration’s eight-point socioeconomic agenda in the Philippine Development Plan 2023-2028, Balisacan said. READ MORE:
The project is one of three additional infrastructure projects the President approved as part of the administration’s eight-point socioeconomic agenda in the Philippine Development Plan 2023-2028, Balisacan said.
In May, more than 40 flights to and from Manila were either delayed or canceled due to a power outage that hit the NAIA Terminal 3.The 15-kilometer project includes the construction of two marine bridges, the Laoang II Bridge and Calomoton Bridge, and improving existing roads between Laong Island and mainland Samar Island.The third project to receive approval is the upgrade and expansion of Laguindingan International Airport Project in Misamis Oriental.
MIAC, whose members include six of the Philippines’ largest conglomerates — Aboitiz InfraCapital, Inc., AC Infrastructure Holdings Corp., Asia’s Emerging Dragon Corp., Alliance Global – Infracorp Development Inc., Filinvest Development Corp. and JG Summit Infrastructure Holdings Corp. — earlier said that its unsolicited offer was the “fastest route” to rehabilitate and modernize NAIA.
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