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'Super-Consortium' to Rehabilitate the Philippines’ Largest Airport

'Super-Consortium' to Rehabilitate the Philippines’ Largest Airport
megacities-go-services.com | Ninoy Aquino International Airport

Seven of the the Philippines's biggest conglomerates formally agreed to create a super-consortium to rehabilitate, operate, and maintain the Ninoy Aquino International Airport (NAIA).

Gokongwei-led JG Summit announced the formation of the consortium, which also includes Aboitiz InfraCapital, AC Infrastructure Holdings, Alliance Global, Filinvest Development Corp, Asia’s Emerging Dragon Corp and Metro Pacific Investments Corp, as reported by ABS-CBN.

Terminal 3 - Ninoy Aquino International Airport Manila. Image: Thousand Wonders
Terminal 3 - Ninoy Aquino International Airport Manila. Image: Thousand Wonders

 

With the upgrade, the consortium believes that NAIA can accommodate an additional 11 million passengers annually from the current 39.5 million, JG Summit said in a statement.

It will also increase the number of hourly aircraft movements, or take offs and landings, to 48 from 40.

“Augmenting NAIA’s capacity is the quickest way to address airport congestion while other airports are being developed outside Metro Manila. The consortium believes that this approach promotes greater economic benefit and sustainability for the whole country,” JG told Inquirer.

Cebu Pacific. Image: Cebu Pacific Corporate
Cebu Pacific. Image: Cebu Pacific Corporate

 

The JG Summit group of tycoon John Gokongwei includes Cebu Pacific, the Philippines' largest airline.

The consortium will work with foreign technical partners with world class track records in airport operations to improve, upgrade, and enhance the operational efficiencies of NAIA, the Ayala disclosure added.

 

Indah Gilang Pusparani

Indah is a researcher at Badan Perencanaan Pembangunan Penelitian dan Pengembangan Daerah Kota Cirebon (Regional Development Planning and Research Agency of Cirebon Municipality). She covers More international relations, tourism, and startups in Southeast Asia region and beyond. Indah graduated from MSc Development Administration and Planning from University College London, United Kingdom in 2015. She finished bachelor degree from International Relations from University of Indonesia in 2014, with two exchange programs in Political Science at National University of Singapore and New Media in Journalism at Ball State University, USA. She was awarded Diplomacy Award at Harvard World Model United Nations and named as Indonesian Gifted Researcher by Australian National University. She is Researcher at Regional Planning Board in Cirebon, West Java. She previously worked as Editor in Bening Communication, the Commonwealth Parliament Association UK, and diplomacy consulting firm Best Delegate LLC in USA. Less
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