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THE Department of Transportation is now seeking parties interested to bid for the contract to rehabilitate, operate, optimize and maintain the Ninoy Aquino International Airport (Naia). On Wednesday, the DOTr and the Manila International Airport Authority (Miaa) announced that they are inviting interested parties to participate in a single-stage competitive…
THE government will, as part of a long-term plan, eventually monetize the Ninoy Aquino International Airport (Naia) complex once the two international airports under construction the Bulacan and Sangley airports are operating, and see proceeds of P7 trillion from the 70-hectare prime lot. Transportation Secretary Jaime J. Bautista bared this during a…
The government will require the winning bidder for the multibillion-peso Ninoy Aquino International Airport (Naia) redevelopment deal to make an upfront payment initially pegged at P30 billion. Department of Transportation (DOTr) Secretary Jaime Bautista said this premium payment, which is typical for public-private partnership (PPP) deals even during the…