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Philippines
Wednesday, April 24, 2024

Gov’t to decide on best model to privatize NAIA

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The unsolicited offer of the Manila International Airport Consortium to upgrade and rehabilitate the Ninoy Aquino International Airport is still alive even as the Department of Transportation submitted a solicited public private partnership model to the National Economic and Development Authority.

“We are proceeding right now in parallel … at the moment. That’s where we are,” Transportation Undersecretary for aviation and airports Roberto Lim said in a virtual briefing.

“We will coordinate with NEDA. We just submitted it, and they are still evaluating it. It’s under evaluation. We hope that the decision will come soon, maybe in a month or two,” he said.

The DOTr and the Manila International Airport Authority submitted a joint proposal for the P141-billion NAIA solicited PPP project for approval by NEDA board, giving the private concessionaire 15 years to operate the airport and recover its investment.

Lim said the NEDA board, chaired by President Ferdinand Marcos Jr., would decide the best model to privatize the NAIA. Darwin G. Amojelar

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