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NAIA consortium says shorter concession may rule out 3rd runway

THE consortium seeking to rehabilitate Ninoy Aquino International Airport (NAIA) will submit to the Department of Transportation (DoTr) by early May a revised proposal to accommodate a shorter concession period, which may rule out the construction of a third runway. NAIA consortium spokesperson Jose Emmanuel F. Reverente said that the DoTr has asked the group […] The post NAIA consortium says shorter concession may rule out 3rd runway appeared first on BusinessWorld......»»

Category: newsSource: bworldonline bworldonlineApr 25th, 2018

NAIA consortium willing to shorten concession period

A CONSORTIUM composed of the country’s biggest conglomerates is willing to reduce its proposed concession period for the rehabilitation of the Ninoy Aquino International Airport (NAIA), but warned this would make the construction of a third runway unlikely. “We are open to a shorter concession period, but we probably won’t have time to build a […] The post NAIA consortium willing to shorten concession period appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMar 21st, 2018

NAIA Consortium revises airport rehabilitation bid

The NAIA Consortium has submitted a revised proposal to rehabilitate the Ninoy Aquino International Airport, with a shorter concession period of 15 years and lower project cost of P106 billion......»»

Category: financeSource:  philstarRelated NewsMay 22nd, 2018

Govt concerns to limit NAIA Consortium plans

The so-called “super” consortium looking to rehabilitate, upgrade and operate the Ninoy Aquino Internation Airport (NAIA) is open to shortening its proposed concession period to address the Transportation department’s concerns. “The NAIA Consortium is considering a shorter concession period, given the pronouncement of [Transportation] Secretary [Arthur] Tugade that 35 years is too long,” spokesperson Jose [...] The post Govt concerns to limit NAIA Consortium plans appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsApr 25th, 2018

NAIA Consortium open to shorter concession

MANILA, Philippines — The NAIA Consortium, composed of the country’s seven biggest conglomerates, is open to a shorter concession period for its offer to upg.....»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2018

Megawide challenges NAIA super consortium

Lower project cost, shorter concession period offered for airport rehab Listed construction company Megawide is challenging a consortium formed by seven of the country’s biggest conglomerates for the right to rehabilitate and operate Metro Manila’s Ninoy Aquino International Airport (NAIA). Megawide, which already runs the Mactan-Cebu International Airport and last year bagged the Clark International [...] The post Megawide challenges NAIA super consortium appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsMar 2nd, 2018

SMC submits revised airport proposal, NAIA Consortium starts talks with MIAA

Conglomerate San Miguel Corp. has submitted a revised concession agreement for its unsolicited proposal to build a new international airport in Bulacan, with the government hopeful to award the contract to the proponent toward the end of the year......»»

Category: financeSource:  philstarRelated NewsSep 18th, 2018

Tycoons bag P102-B Naia project

[pullquote][/pullquote]The government has awarded seven of the country's largest conglomerates an original proponent status to embark on a P102-billion program to upgrade the Ninoy Aquino International Airport (Naia) into a "world-class" regional aviation hub.   With this original proponent status from the Department of Transportation (DoTR)---which gives the Naia "superconsortium" the first crack at the project under a 15-year concession period--- the Naia modernization program could commence as early as July next year, Naia consortium spokesperson Jimbo Reverente said in an interview.   The seven key proponents of the Naia superconsortium are Aboitiz InfraCapital ...Keep on reading: Tycoons bag P102-B Naia project.....»»

Category: newsSource:  inquirerRelated NewsSep 14th, 2018

DOTr still in talks with NAIA Consortium over airport rehab terms

MANILA, Philippines – A consortium made up of 7 of the country's top conglomerates is expected to bag the original proponent status for the rehabilitation, development, operations, and maintenance of the  Ninoy Aquino International Airport (NAIA) in two weeks' time. After the  NAIA Consortium  brought down the concession period to 15 years and ........»»

Category: newsSource:  rapplerRelated NewsMay 24th, 2018

NAIA Consortium shortens period, lowers cost for airport rehab proposal

MANILA, Philippines – A consortium made up of 7 of the country's top conglomerates revised its proposal to rehabilitate the dilapidated Ninoy Aquino International Airport (NAIA) , bringing down the concession period to 15 years and the project cost to about P105 billion. The  NAIA Consortium  originally proposed to rehabilitate, develop, operate, ........»»

Category: newsSource:  rapplerRelated NewsMay 22nd, 2018

NAIA consortium plans to build P 250-B 3rd runway in reclaimed area - GMA News

NAIA consortium plans to build P 250-B 3rd runway in reclaimed area - GMA News.....»»

Category: newsSource:  googlenewsRelated NewsMar 21st, 2018

Megawide, GMR submit $3B offer to rehabilitate NAIA

Construction and engineering firm Megawide Construction Corp. and GMR of India have submitted a $3-billion unsolicited proposal to upgrade and rehabilitate the highly-congested Ninoy Aquino International Airport (NAIA). Consortium representatives said on Thursday that the proposal - which was based on an 18-year concession - was aligned with the government's strategy to develop a sustainable multi-airport system in the Philippines. The GMR MEGAWIDE consortium believes that its solution will increase airfield capacity to 950 to 1,000 aircraft movements per day, a 30-35 percent increase from the current estimate of 730 aircraft movements daily. For peak hours, the consortium ...Keep on reading: Megawide, GMR submit $3B offer to rehabilitate NAIA.....»»

Category: newsSource:  inquirerRelated NewsMar 1st, 2018

The super consortium vs the Megawide consortium

The minute our hulking Triple 7 touched down at the Ninoy Aquino International Airport’s runway, I imagined the usual chaos at NAIA Terminal 3. .....»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2018

Clark Airport consortium commits to invest P6B, double terminal capacity | Inquirer Business

The consortium that recently bagged the Clark International Airport concession, a triumvirate consisting of the Gokongwei, Gotianun and Singaporean airport operator Changi, committed to invest about P.....»»

Category: newsSource:  philippinetimesRelated NewsJan 4th, 2019

Consortium spending P6B to modernize Clark airport, double terminal capacity

The consortium that recently bagged the Clark International Airport concession---the triumvirate consisting of the Gokongwei, Gotianun and Singaporean airport operator Changi---committed to invest about P6 billion in modernizing this international gateway and doubling the terminal capacity to eight million passengers a year.   Filinvest Development Corp. (FDC), JG Summit Holdings Inc., Philippine Airport Ground Support Solutions Inc. and Changi Airport Philippines Pte. Ltd. (CAP), a subsidiary of Changi Airports International, formed the North Luzon Airport Consortium (NLAC) to undertake this project. The notice of award was given to NLAC for this hybrid public-private partner...Keep on reading: Consortium spending P6B to modernize Clark airport, double terminal capacity.....»»

Category: newsSource:  inquirerRelated NewsJan 4th, 2019

Clark Airport consortium commits to invest P6B, double terminal capacity

The consortium that recently bagged the Clark International Airport concession, a triumvirate consisting of the Gokongwei, Gotianun and Singaporean airport operator Changi, committed to invest about P6 billion to modernize this international gateway and double the terminal capacity to eight million passengers per annum. Filinvest Development Corp. (FDC), JG Summit Holdings Inc., Philippine Airport Ground Support Solutions Inc. and Changi Airport Philippines (I) Pte. Ltd. (CAP), a wholly owned subsidiary of Changi Airports International, formed the North Luzon Airport Consortium (NLAC) to undertake this project. The notice of award was given to NLAC for this hybrid public-private pa...Keep on reading: Clark Airport consortium commits to invest P6B, double terminal capacity.....»»

Category: newsSource:  inquirerRelated NewsJan 4th, 2019

NAIA Consortium proposal to reach NEDA soon

The unsolicited proposal of a super consortium to modernize and operate the country’s main international gateway is expected to reach the National Economic Development Authority (NEDA) level soon after clearing various technical issues with the government in the past few months......»»

Category: financeSource:  philstarRelated NewsDec 25th, 2018

Award of crucial airport projects seen in early ’19

With roughly a month to go before the end of the year, the Department of Transportation (DOTr) acknowledged that the final awarding of key private sector-proposed airport projects in Manila and Bulacan could be completed by early 2019 at the soonest. Transportation Undersecretary for planning Reuben Reinoso yesterday said the two projects---San Miguel Corp.'s P800-billion international airport in Bulacan province and Naia Consortium's P102-billion offer to modernize and operate the Ninoy Aquino International Airport---had yet to be cleared by the Investment Coordination Committee of the National Economic and Development Authority. The two projects form part of the DOTr's so-called ...Keep on reading: Award of crucial airport projects seen in early ’19.....»»

Category: newsSource:  inquirerRelated NewsNov 22nd, 2018

Why NAIA has security checks that include shoe inspections

Congressman Aniceto “John” Bertiz III apologized for refusing to remove his shoes as part of an airport security protocol in NAIA Terminal 2, recalling a rule on shoe inspection that was modified in 2012. A video of Bertiz became the topic of social media when he refused to comply with a security protocol and told off the […] The post Why NAIA has security checks that include shoe inspections appeared first on Interaksyon......»»

Category: newsSource:  interaksyonRelated NewsOct 1st, 2018

Naia Consortium secures original proponent status

Naia Consortium secures original proponent status.....»»

Category: financeSource:  thestandardRelated NewsSep 13th, 2018

NAIA Consortium gets original proponent status

An unsolicited proposal to rehabilitate, expand and operate Metro Manila’s congested Ninoy Aquino International Airport (NAIA) has moved forward with the project’s proponent having been granted original proponent status (OPS). The NAIA Consortium is composed of AC Infrastructure Holdings, Aboitiz InfraCapital, Inc., Alliance Global Group, Inc., Asia’s Emerging Dragon Corp., Filinvest Development Corp., JG Summit [...] The post NAIA Consortium gets original proponent status appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsSep 13th, 2018