Dateline PhiliPPines Consortium touts ‘fastest’ way to upgrade NAIA

by ed PAOlO SAlting ManilaTimes.net

THE Manila International Airport Consortium (MIAC) on Monday, June 19 touted its P267-billion proposal as the “fastest route” to modernizing the Ninoy Aquino International Airport (NAIA).

During a press briefing, the MIAC said its unsolicited proposal (USP) has already completed the necessary technical, economic and financial studies.

The consortium is made up of six of the Philippines’ biggest conglomerates — Aboitiz InfraCapital Inc., AC Infrastructure Holdings Corp., Asia’s Emerging Dragon Corp., Alliance GlobalInfracorp Development Inc., Filinvest Development Corp. and JG Summit Infrastructure Holdings Corp.

It said that if awarded the concession this year, its master plan can be implemented soon after.

The USP “represents the fastest route to the rehabilitation and modernization that NAIA urgently needs,” Cosette Canilao, president and chief executive officer of Aboitiz InfraCapital Inc., said.

The Department of Transportation (DoTr) and the Manila International Airport Authority (MIAA) already