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Monday, May 6, 2024

DOTr to decide on bid of NAIA Consortium

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The Department of Transportation said it may grant the original proponent status to NAIA Consortium for the rehabilitation and operation and maintenance of the Ninoy Aquino International Airport this month.

“We will have a decision soon. At this time, we are still evaluating it. Maybe this month,” Transportation Secretary Arthur Tugade said.

The consortium earlier revised its concession period for NAIA 3 to 15 years from the original proposal of 35 years.

NAIA Consortium said it was committed to spend P100 billion for the first phase of the project and P250 billion for the second phase. 

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.

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