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Megawide to jumpstart NAIA modernization plan

The COVID-19 pandemic compels governments and the airline sector to modernize airport facilities, experts across the globe said......»»

Category: financeSource: philstar philstarSep 27th, 2020

Megawide told to address issues on NAIA rehab plan

Several concerns and issues have to be addressed first before the unsolicited proposal of the group of Megawide Construction Corp. and India’s GMR to rehabilitate the Ninoy Aquino International Airport can push through, according to the Department of Transportation......»»

Category: financeSource:  philstarRelated NewsAug 20th, 2020

Megawide: Our credit position is good enough for Carbon Market dev’t

CEBU CITY, Philippines — Megawide Construction Corp., the conglomerate wooing Cebu City for the development of the Carbon Market, claims they have good credit to engage in a massive development such as the modernization of the said public market. This was the response of Louie Ferrer, President of Megawide, to the statement of Lawyer Winston […] The post Megawide: Our credit position is good enough for Carbon Market dev’t appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsOct 23rd, 2020

Joint venture committee called to face Cebu City Council over Carbon Market development

CEBU CITY, Philippines–The Cebu City Council is calling the Joint Venture Selection Committee (JSVC) to explain the disputes on the proposed Carbon Market development. The CFI Community Cooperative seeks to counter the unsolicited proposal of Megawide Construction Corp. for the multi-billion modernization of the Carbon Market. The CFI appeared before the council asking for a […] The post Joint venture committee called to face Cebu City Council over Carbon Market development appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsOct 21st, 2020

Megawide proposal to upgrade NAIA still under study — DOTr

"Please be informed that the MIAA will only start negotiating with the proponent once the terms have already been defined and approved by the NEDA Board.".....»»

Category: financeSource:  philstarRelated NewsOct 21st, 2020

Questions on NAIA expansion project

During the deliberation of the House of Representatives on the budget of the Department of Transportation, party-list Congressman Jericho Nograles of the Puwersa ng Bayaning Atleta raised questions on the P107-Billion Ninoy Aquino International Airport expansion project which was awarded to Megawide Construction Corporation. .....»»

Category: newsSource:  thestandardRelated NewsOct 12th, 2020

Amid Chinese presence, Navy wants to stay in Sangley Point

MANILA, Philippines — The Philippine Navy is opposing a plan by the Cavite provincial government to boot the military service command out of Sangley Point in Cavite as part of a P500-billion airport project that is expected to ease congestion at Ninoy Aquino International Airport (Naia) in neighboring Manila. Vice Adm. Giovanni Carlo Bacordo, the […] The post Amid Chinese presence, Navy wants to stay in Sangley Point appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsSep 7th, 2020

NEDA raises issues about Megawide& rsquo;s NAIA proposal

The Department of Transportation said it will ask Megawide Construction Corp. and partner GMR Infrastructure Ltd. of India to comply with the issues raised by the National Economic and Development Authority on the rehabilitation and development of the Ninoy Aquino International Airport......»»

Category: financeSource:  thestandardRelated NewsAug 20th, 2020

Megawide-led group takes over NAIA rehab

Megawide Construction Corp., the listed engineering company and airport operator, has bagged the original proponent status for the development of the Ninoy Aquino International Airport after government negotiations with a super consortium of seven conglomerates bogged down......»»

Category: financeSource:  philstarRelated NewsJul 18th, 2020

Megawide-GMR takes over NAIA rehab project after rival consortium drops out

Megawide Construction Corp. and its Indian partner, GMR, announced Friday they will now take over the rehabilitation of the aging Ninoy Aquino International Airport (NAIA), just days after talks between the government and the duo's rival "super consortium" collapsed amid concerns over the project's viability......»»

Category: financeSource:  philstarRelated NewsJul 17th, 2020

MICE sector seeks priority in tourism recovery plan

Stakeholders from the meetings, incentives, conventions and exhibitions sector are urging the government to prioritize the recovery of the sub-sector over leisure tourism as it would help jumpstart the economy......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2020

Megawide commits to finish infra projects

Engineering and infrastructure developer Megawide Construction Corp. is supporting the government’s P27.1-billion spending plan for everyone affected by the coronavirus pandemic as the enhanced community quarantine in Luzon is extended......»»

Category: financeSource:  thestandardRelated NewsApr 12th, 2020

NAIA Consortium to pursue rehab proposal despite MPIC pullout

The conglomerates seeking to rehabilitate and redevelop the Ninoy Aquino International Airport still plan to pursue the airport project despite the pullout of Metro Pacific Investments Corp.from the consortium......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2020

MPIC may abandon plan to join NAIA Consortium

Infrastructure conglomerate Metro Pacific Investments Corp. is reconsidering its plan to join a consortium that will rehabilitate and operate the congested Ninoy Aquino International Airport over unresolved issues with the government, its chairman said over the weekend......»»

Category: financeSource:  thestandardRelated NewsMar 8th, 2020

Key issues delay NAIA rehab plan

The consortium of seven conglomerates need to address key issues in order to advance its P102-billion proposal to redevelop the Ninoy Aquino International Airport......»»

Category: financeSource:  philstarRelated NewsFeb 24th, 2020

Big Business versus President Duterte

By the mid-1960s, as information officer of the Colombo Plan Bureau, I had already travelled extensively in the Asian region, and being an old journalist interested in history and modernization, I had seen many of these Asian countries strive to break away from the barnacled attitudes nurtured by tradition......»»

Category: newsSource:  philstarRelated NewsJan 27th, 2020

DOTr kumambyo: Mga lumang jeep tuloy ang phaseout

Isang araw matapos ibalita ng mga senador na hindi na tuloy ang phaseout ng mga lumang jeep, kumambyo naman kahapon ang Department of Transportation (DOTr) at sina­bing aarangkada pa rin ang jeepney modernization plan......»»

Category: newsSource:  abanteRelated NewsNov 21st, 2019

DOTr won’t drop bid to modernize jeepneys

The Department of Transportation is not dropping the Duterte administration’s public utility vehicle modernization program despite delaying its plan to phase out 170,000 old jeepneys, an official clarified yesterday......»»

Category: newsSource:  philstarRelated NewsNov 21st, 2019

NAIA rehab plan one step away from final OK

NAIA rehab plan one step away from final OK.....»»

Category: financeSource:  bworldonlineRelated NewsSep 27th, 2019

Modernization of Davao airport may not happen during Duterte’s term

DAVAO CITY (MindaNews / 23 July) – The long-awaited modernization plan for the Davao International Airport worth P40.57 billion may not happen soon as President Rodrigo R. Duterte said “Davao will be the last” among the airport development projects his administration plans to accomplish in the second half of his term. During his fourth State […].....»»

Category: lifestyleSource:  abscbnRelated NewsJul 23rd, 2019

NAIA Consortium submits new plan using Clark model

The consortium of seven conglomerates planning to rehabilitate the congested Ninoy Aquino International Airport (NAIA) has submitted a proposal patterned after the Clark International Airport operations and maintenance contract to comply with the government’s order......»»

Category: financeSource:  philstarRelated NewsJul 19th, 2019