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Manila Bulletin devider Philippines devider National devider Romualdez optimistic for a new and improved NAIA after PPP deal signing 

Romualdez optimistic for a new and improved NAIA after PPP deal signing 

Published Mar 18, 2024 09:49 am

At A Glance

  • House Speaker Martin Romualdez expressed optimism Monday, March 18 for what he called "a new era of of progress and efficiency" for the Ninoy Aquino International Airport (NAIA). 

NAIA anti-trafficking TF offices placed under 14-day lockdownNinoy Aquino International Airport (NAIA)

 

 

 

 

 

 

 

 

House Speaker Martin Romualdez expressed optimism Monday, March 18 for what he called "a new era of progress and efficiency" for the Ninoy Aquino International Airport (NAIA). 

Romualdez, Leyte's 1st district congressman, had this to say after witnessing first hand the signing of the landmark P170.6 billion Public-Private Partnership (PPP) concession agreement aimed at the comprehensive rehabilitation and operation of the NAIA. 

"The rehabilitation and operation of NAIA under this PPP framework demonstrate the unwavering commitment of the administration of President Marcos, Jr. to fostering sustainable growth and innovation in our transportation infrastructure," said Romualdez, leader of the 300-plus strong House of Representatives. 

"This momentous occasion signals a new era of progress and efficiency for NAIA,"  he added. 

The House head honcho gave these remarks amid the recurring headaches at the Philippines' main gateway. These have included past power outages that have caused the mass delay of dozens of flights, as well as its alleged infestation by rats and bed bugs. 

He emphasized the importance of the PPP project in addressing longstanding challenges and bottlenecks that have hampered the airport's capacity to meet the increasing demands of domestic and international travelers. 

He underscored the potential of the project to elevate NAIA to world-class standards, and enhance its competitiveness and positioning as a premier gateway to the Philippines. 

“The revitalization of NAIA also promises broader economic benefits for our country and our people, including job creation, increased tourism, and greater connectivity with global markets,” Romualdez pointed out. 

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https://mb.com.ph/2024/3/1/surot-daga-congestion-woes-at-naia-worry-party-list-solon 

He reiterated the government's dedication to fostering an environment conducive to private sector investment and collaboration. 

The PPP deal is projected to generate around P900 billion in revenues for the national government in the course of a 15-year concession period, with a provision for an extension of another 10 years. 

The Speaker vowed the support of the House to ensure the successful implementation of the transformative project. “We remain committed to working closely with all stakeholders to overcome challenges, uphold transparency, and deliver tangible benefits to the Filipino people." 

Romualdez joined President Marcos and Executive Secretary Lucas Bersamin in witnessing San Miguel Corporation President and CEO Ramon Ang, Transportation Secretary Jaime Bautista, and Manila International Airport Authority (MIAA) General Manager Eric Jose Ines sign the PPP Agreement in Malacanang. 

 

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Ninoy Aquino International Airport PPP Martin Romualdez
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