Megawide Construction and its India-based consortium partner GMR Infrastructure have submitted a $3 billion proposal to decongest and redevelop the Ninoy Aquino International Airport (NAIA) in Manila, Philippines.
Describing the proposal as an ‘alternative solution’ to decongest the airport, the consortium stated that it is aligned with the government’s strategy to develop a sustainable multi-airport system in the country.
It involves the improvement of the landside, terminal, and airside facilities for a period of 18 years.
One of the consortium’s authorised representatives Louie Ferrer said: “As an experienced private operator, we have a deep understanding of the problem experienced by NAIA and we would like offer our take on the solution.
“It is vital to immediately decongest NAIA and maximise its potential in order to sustainably support the air traffic needs of the greater capital region. A solution is urgently needed, which we in the private sector are willing to support and provide.”
The proposal will now be reviewed by the Department of Transportation (DOTr) and the Manila International Airport Authority (MIAA).
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataIf the GMR-Megawide’s proposal is found appealing by other competing partners, including NAIA Consortium, the rehabilitation of the Ninoy Aquino International Airport will be divided into three phases.
During the first phase, the partners will improve NAIA airside capacity and terminal. In the second phase, key performance measures will be introduced to enable NAIA to match world-class efficiency standards.
Lastly, the partners will focus on building future capacity for the airport.
GMR-Megawide plans to construct parallel taxiways for both of NAIA’s runways, build additional rapid-exit taxiways for the primary runway, and extend the secondary runway.
The expansion will boost airfield capacity to 950 to 1,000 aircraft movements per day from the present 730 while increasing the overall passenger handling capacity to 72 million per year.