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Friday, March 29, 2024

Megawide-led consortium to redevelop NAIA

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The Manila International Airport Authority recently granted Original Proponent Status for the redevelopment of the Ninoy Aquino International Airport (NAIA) to the consortium led by infrastructure conglomerate Megawide Construction Corporation (Megawide), with its operating partner, GMR. 

Megawide-led consortium to redevelop NAIA

The consortium is the same entity behind the transformation of the Mactan-Cebu International Airport (MCIA), the country’s second largest airport. 

In 2018, CAPA – Center for Aviation, the world’s leading airport and aviation think-tank, named MCIA as Airport of the Year.  Since the handover of operations in November 2014, passenger volume steadily increased from 4.5 million per annum to 12.7 million in 2019.    

“The decongestion and rehabilitation of NAIA is vital to sustainably supporting the air traffic needs of our national capital region,” said Louie Ferrer, Megawide managing director for transportation.  

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“Our team has transformed MCIA as primarily the country’s top tourism gateway. We aim to contribute our experience in airport development and value engineering to  the NAIA project.”  

Ferrer revealed to the Manila Standard that the consortium is now awaiting the next steps from the Government.  The consortium submitted its proposal for the rehabilitation of NAIA on March 1, 2018 to redevelop and rehabilitate the airport. Shown in photo is Ferrer with Megawide chairman Edgar Saavedra.

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