26 September 2014
Conglomerate San Miguel Corporation (SMC) announced yesterday that they will join the bid for the expansion of Ninoy Aquino International Airport, from third runway construction to Terminal Expansion.
SMC president Ramon S. Ang said there are no complications anymore with respect to their participation in airport projects similar to what happen at Mactan considering that they have relinquish control and participation of the flag carrier.
SMC president Ramon S. Ang said there are no complications anymore with respect to their participation in airport projects similar to what happen at Mactan considering that they have relinquish control and participation of the flag carrier.
SMC’s recently sold back the 49 percent of Philippine Airlines (PAL) valued at $1.3bn to the Lucio Tan Group.
PAL operates at Centennial Terminal 2 and Ang is bent on winning its expansion contract with Department of Transport and Communications (DOTC) including Terminal 3 expansion project under the governments Public Private Partnership (PPP) initiative.
SMC was recently awarded the NAIA expressway project leading to the country's premier airport and Ang believes they can have synergy in airport operations. The company was also awarded by the government expansion project and operations of Boracay Airport in Malay, Aklan.
Why bid for NAIA expansion if they can bid to build a new international airport in Sangley? PAL is not in the SMC's hands in November so why can they initiate the Gov't to bid for a new gateway that is near in Makati and the industrialized CALABARZON region.
ReplyDeleteThere is no concrete plan yet to replace NAIA. They offered to build their own airport before but they were snubbed by the government.
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