The New NAIA Infrastructure Corp. (NNIC) said it is constructing two new terminals to increase the capacity of the Ninoy Aquino International Airport.
NNIC general-manager Angelito Alvarez said NAIA handled about 51 million passengers in 2024, surpassing its annual designed capacity of 32 million to 34 million.
Alvarez said NAIA aims to handle about 54 million passengers in 2025.
He said given the existing terminal congestion, NNIC is building a new Terminal 4 at the site of the former international cargo terminal.
“We are already making moves, the old Terminal 4 will no longer be continued because we saw that it was a major hazard, an obstacle,” Alvarez said.
“So, in the next three months, and with the cooperation of government agencies and cargo bonded warehouse operators, we will be able to move them to a temporary facility and we will convert that into a new terminal,” he said.
Alvarez said the domestic flights of AirAsia Philippines and Cebu Pacific would be placed at the new Terminal 4.
He said NNIC would also demolish the Philippine Village Hotel by April 21 to pave the way for Terminal 5.
“Maybe in two to three years time, that will be finished,” Alvarez said.
NNIC intends to use the Philippine Village Hotel for the construction of the extension of the existing Terminal 2 for domes flights, which is expected to accommodate an additional 22 million passengers annually.
NNIC , composed of San Miguel Holdings Corp., RMM Asian Logistics Inc., RLW Aviation Development Inc. and Incheon International Airport Corp., allocated P123.5 billion in capital expenditures to rehabilitate and modernize NAIA for the entire 25-year concession period.
The company said would focus in 2025 to further improve infrastructure and streamline operations to keep up with rising passenger demand.
It said the goal is to transform NAIA into a modern, efficient airport that can support the country’s tourism and economic growth.