P102-B NAIA rehab project one step closer to reality after NEDA approval

The plan is to execute this in three phases
by Drei Laurel | Dec 3, 2019
PHOTO: Google Maps

It looks like the Ninoy Aquino International Airport (NAIA) is slowly but surely inching toward receiving a much-needed upgrade. According to the Department of Transportation (DOTr), the NAIA rehabilitation is one step closer to becoming a reality, after the National Economic and Development Authority (NEDA) Board gave the project the green light.

Essentially, the consortium behind the project—composed of JG Summit Holdings, Aboitiz InfraCapital, and the Filinvest Development Corporation, among others—has been given the go-signal to push forward with the P102-billion project following public bidding.

Prior to public bidding, the Manila International Airport Authority (MIAA) and the above-mentioned consortium will negotiate the terms and conditions of the concession agreement.

“MIAA will then submit the results of the negotiation to the NEDA Board and the negotiated draft Concession Agreement (CA) to the Office of the Solicitor General (OSG) and the Department of Finance (DOF) for comments within 10 days from receipt of the draft CA,” the DOTr statement reads.

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Unless other firms submit more competitive counter-proposals following the issuance of the Certificate of Successful Negotiations by the MIAA and NAIA consortium, the latter will be awarded the contract.

If it proceeds, the NAIA rehabilitation project will be implemented in three phases. Phase 1 from 2021 to 2022 will see the reconfiguration of existing airport terminals to increase capacity from 37 million passengers annually to 47 million.

Phase 2 from 2022 to 2023 will focus on NAIA Terminal 2, increasing its annual passenger capacity by one million and constructing a new taxiway. Other improvements to this terminal include the installation and upgrade of Communications, Navigation, Surveillance/Air Traffic Management (CNS/ATM) equipment, as well as upgrading the car park.

Finally, Phase 3 will increase the annual passenger capacity of NAIA Terminal 3 to 26 million. Car park, passenger connection, and miscellaneous facilities will also be upgraded.

You can check out the DOTr’s full statement in the Facebook post below. Do you think it’s time NAIA received an overhaul?

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PHOTO: Google Maps
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