Naia may be privatized by Q1 of 2024; P141B in investment needed – DOTr
newscatcher
2023-06-07 03:31
Naia may be privatized by Q1 of 2024; P141B in investment needed – DOTr
MANILA, Philippines — The Department of Transportation (DOTr) on Wednesday said the Ninoy Aquino International Airport (Naia) may be privatized as early as the first quarter of 2024, depending on the process of awarding the contract to the government's chosen concessionaire. To recall, the DOTr and the Manila International Airport Authority (MIAA) submitted their joint proposal for the NAIA solicited Public Private Partnership (PPP) Project to the National Economic and Development Authority on Friday, June 2.

https://business.inquirer.net/404217/naia-may-be-privatized-by-q1-of-2024-p141-billion-worth-of-investment-needed-dotr

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