The Department of Transportation is set to meet with the Naia Consortium this week to resolve some issues on its proposal to rehabilitate, operate and maintain the Ninoy Aquino International Airport.
“We will have a meeting because there’s a certain condition that they need to comply with. There are provisions appearing to be government guarantee,” Transportation Undersecretary for planning Reuben Reinoso said.
“They are arguing that it’s not a government guarantee and it’s important for the bankability of the project. So we are negotiating with them,” he said.
The Naia Consortium secured an original proponent status from the DOTr in September 2018 for the rehabilitation and development of the main gateway.
It proposed to expand and interconnect the existing terminals of Naia, upgrade airside facilities and develop 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. “‹
