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Mar 21, 2018 @ 19:23

Super consortium confident of getting original proponent status to upgrade NAIA

 

The mighty consortium composed of seven of the country’s corporate giants is optimistic about securing original proponent status in its bid to rehabilitate and expand the Ninoy Aquino International Airport (NAIA).

“We hope they will grant us OPS. Our proposal is the best solution of the problem that we are experiencing now,” said Jose Emmanuel Reverente, spokesperson for the NAIA consortium.

Members of the NAIA consortium include Aboitiz InfraCapital, AC Infrastructure Holdings Corp., Alliance Global Group, Asia’s Emerging Dragon Corp., Filinvest Development Corp., JG Summit Holdings, and Metro Pacific
Investments Corp.

The Department of Transportation earlier declared the NAIA Consortium’s submission as “complete” in accordance with the documentary requirements stated in the Build-Operate-Transfer Law.

The “completeness” criterion will be followed by the evaluation of the proposal and grant of an original proponent status and, after further evaluations and approval by National Economic and Development Authority, subjecting the proposal to a Swiss challenge.

Estimated to cost P350 billion, the proposal involves expanding and interconnecting the existing terminals of NAIA, upgrading airside facilities, and developing commercial facilities to increase airline and airport efficiencies, enhance passenger comfort and experience, and improve public perception of NAIA as the country’s premier international gateway.

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