Read this in The Manila Times digital edition.
A CONSORTIUM led by seven Filipino conglomerates and a US-based airport operator has submitted an unsolicited offer to upgrade the Ninoy Aquino International Airport (NAIA) for more than P100 billion.
In a statement on Thursday, the Manila International Airport Consortium (MIAC) — comprised of Aboitiz InfraCapital Inc., AC Infrastructure Holdings Corp., Asia's Emerging Dragon Corp., Alliance Global-Infracorp Development Inc., Filinvest Development Corp., JG Summit Infrastructure Holdings Corp., and Global Infrastructure Partners — said the unsolicited proposal aimed to rehabilitate and upgrade the NAIA to meet growing air traffic demand.
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