Tag: NAIA PPP

NAIA modernization to generate P900 billion in earnings for gov’t: DOTr

(Eagle News)–The public-private partnership for the modernization of the Ninoy Aquino International Airport is expected to yield P900 billion in earnings for the national government. According to the Department of Transportation, the NAIA PPP, over the course of its 25-year agreement with the winning concessionaire SMC-SAP Consortium, the government will earn P36 billion annually, which can be redirected to other social and infrastructure programs. The DOTr said the government would secure a guarantee of P30 […]