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Winning NAIA bidder eligible for tax perks

TAX perks will be made available to the winning bidder of the P170.6-billion deal to rehabilitate, optimize and maintain the Ninoy Aquino International Airport (NAIA).

Key incentives under the Corporate Recovery and Tax Incentives for Enterprises law, including an income tax holiday for four years of operations and five years of enhanced deductions thereafter, are among the perks identified in a project information memorandum.