Articles worth reading

Metro News

Gov’t studies best model on NAIA privatization

account_balanceMetro News account_circleDan Ross chat_bubble_outline0 Comments

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, according to a report by Manila Standard.

“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.

Advertisement

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.


date_rangeDate Published
3 months ago
shareShare article
folder_openArticle tags
content_copyCategorized under

Share your thoughts with us

Related Articles

Taguig marks Grandparents' Day 

account_balanceTaguig chrome_reader_mode17 hours ago

Taguig City warmly welcomed 600 senior citizens at the Lakeshore Hall on Thursday, September 21, for a day filled with joyous dancing, camaraderie, and educational sessions as part of the city's annual Grandparents' Day celebration. In this h...

Photo courtesy of Orlando Marquez Sr.

Group to launch 'Euro 6' environment-friendly PUJs 

account_balanceMetro Manila chrome_reader_mode18 hours ago

A transport group representing mostly jeepney drivers and operators is leading the launch of environmentally sound “modern jeepneys” to avert the looming phase-out of their sources of livelihood, according to a report by Philippine News A...

Photo Courtesy of Bibo Nueva Espana/Senate PRIB

Senator laments low social protection coverage of kasambahay

account_balanceMetro Manila chrome_reader_mode1 day ago

Senator Raffy Tulfo on Thursday lamented the low compliance of the Social Security System (SSS), Philippine Health Insurance Corporation (PhilHealth) and the Home Development Mutual Fund (Pag-IBIG) for the coverage of kasambahay or domestic workers, ...

Economic team eyes options to address high rice prices 

account_balanceMetro Manila chrome_reader_mode22 hours ago

The economic team of President Ferdinand R. Marcos Jr. is expected to present “better” options to address the increase in the prices of rice in the local markets, Socioeconomic Planning Secretary Arsenio Balisacan said in a report by Phil...

×
Click on the article to continue reading
Quezon City adopts no contact apprehension system Red Cross pushes saliva test Vaccines from COVAX to arrive in Q1 Makati Shangri-La to close doors on Feb. 1 Cities in NCR to start vaccination simultaneously Mother, girlfriend of Filipino infected with UK variant also test positive Send Press Release MNC Facebook Page MNC Twitter Page MNC Instagram Page LGU Spotlight Barangay Front Business Sports Entertainment Metro Gen Metro Feature