ASIA’S Emerging Dragon Corporation (AEDC) will submit a bid for the $1.65-billion redevelopment of the Ninoy Aquino International Airport to improve the country’s premier airport and meet the standards of the International Civil Aviation Organization.
AEDC president Salvador Mison said the project is under the government’s Public-Private Partnership scheme.
The AEDC will have a foreign partner that would “improve the operational efficiencies” of the four Naia terminals.
Mison said “we are participating in the bidding because we firmly believe in the growth potential of our country’s premier airport, given our past experience of pushing for Philippine aviation development.”
The AEDC is confident it can provide viable solutions to Naia’s inter-terminal connectivity as well as traffic congestion in the area.
AEDC’s foreign partner is expected to provide the technical expertise in its long-term proposal.
The National Economic and Development Authority approved last month the NAIA redevelopment project purposely to upgrade the country’s main gateway airport.
The NEDA Board was convened last September 14 by President Rodrigo Duterte to approve several infrastructure projects. The project excludes any proposals to improve air traffic services, according to NEDA.