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Land development for the New Manila International Airport in Bulacan is almost 50% complete and is expected to be finished by the end of 2023
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Transportation Secretary Jaime Bautista said by 2024, the project’s proponent can start construction of the runway and passenger terminal building
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NMIA is a P740-billion airport in Bulakan, Bulacan that can accommodate 100-million passengers annually
Land development for the New Manila International Airport (NMIA) in Bulacan is almost 50% complete and is expected to be finished by the end of 2023, according to Transport secretary Jaime Bautista.
By 2024, the project’s proponent can start construction of the runway and passenger terminal building, Bautista said in a media gathering on December 28.
NMIA, an unsolicited project by San Miguel Corp. (SMC), is a P740-billion airport that can accommodate 100 million passengers annually.
SMC’s 2,500-hectare NMIA project will initially feature four parallel runways, a world-class terminal, and a modern and interlinked infrastructure network that includes expressways and railways.
DOTr and SMC unit, San Miguel Aerocity, in September 2019 signed the concession agreement for the project. This came after the notice of award was handed to SMC in August 2019 after its unsolicited proposal went uncontested.
Under the deal, San Miguel will finance, design, construct, supply, complete, test, commission, and operate and maintain the new international gateway.
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The 50-year concession period will start after completion of the project’s initial phase. The project is under a build-operate-transfer arrangement.
The airport will have a passenger terminal building with a design capacity of 100 million to 200 million passengers per year, four parallel runways upgradable to six, and eight taxiways.
The air hub is expected to help decongest the country’s main hub, Ninoy Aquino International Airport.
