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Completion of Bulacan airport devt by end-2028
By Nidz Godino
“Per approved DOTr ,Department of Transportation timeline, airport development will be completed by end of 2028,” diversified conglomerate San Miguel Corp. (SMC) targets to finish airport development works at its P740-billion international gateway project in Bulacan by end-2028.
In recent analysts briefing, SMC said progress on New Manila International Airport (NMIA)’s land development and ground improvement works are ongoing with an overall progress of 84.6 percent.
SMC was previously targeting to start airport development works at NMIA project next year, but SMC president and CEO Ramon Ang earlier said they would do it by 2026 instead to prioritize modernization of the Ninoy Aquino International Airport (NAIA).
NMIA is poised to be world-class airport that will be developed in phases, with an initial capacity of 35 million passengers annually and target of 100 million passengers per year once completed.
The 2,500-hectare project features at least four parallel runways, world-class terminal and modern and interlinked infrastructure network that includes expressways and railways.
SMC, however, is also spearheading consortium that won contract to modernize NAIA, country’s main international gateway.
New NAIA Infrastructure Corp. headed by SMC has bared plans to put up new terminal near Terminals 1 and 2 to boost capacity of airport in handling flights and passengers.
Concessionaire is tasked to handle NAIA for minimum of 15 years, extendable by 10 years.
DOTr, the Manila International Airport Authority and the New NAIA Infra signed concession agreement for NAIA rehabilitation project last March 18.
SMC expects to enhance operational efficiencies, reduce costs and optimize flight schedules given potential synergies in its massive airport projects.
For MRT-7, another major infrastructure project being undertaken by conglomerate, SMC said study is ongoing on realignment of highway component.
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