The departure drop-off zone at Ninoy Aquino International Airport (NAIA) Terminal 1 has changed to a parallel layout from its previous diagonal configuration, the New NAIA Infra Corp. (NNIC) announced on Friday, May 9. In a Facebook post, the operator of the NAIA, said the change to diagonal...
New Naia Infra Corp. (NNIC) has issued formal notices to the owners of 27 aircraft that are left abandoned in the general aviation area of Ninoy Aquino International Airport (NAIA), citing efficiency and safety concerns. In a statement, NNIC said it is in coordination with the Civil Aviation...
Razon-led Manila Water Co. and newly entered retail electricity supplier PrimeRES Energy Corporation switched on their first retail aggregation program (RAP) for 10 water facilities. In a switch-on ceremony on Thursday, Feb. 27, Manila Water President and Chief Executive Officer (CEO) Jocot de Dios...
Department of Transportation (DOTr) Secretary Jaime Bautista is confident that the upcoming election ban on government projects will not affect the agency’s big-ticket infrastructure projects. DOTr Secretary Jaime Bautista speaks to the media during a Palace press briefing. (RTVM...
Aboitiz InfraCapital, Inc. (AIC) is expanding its airport portfolio after securing a deal to upgrade, operate, and maintain Bohol-Panglao International Airport. In a statement on Wednesday, Nov. 27, the infrastructure arm of the Aboitiz Group said it received the notice of award (NOA) from the...
In pursuit of funding infrastructure developments, Prime Infrastructure has secured a P5 billion loan facility with the state-run Land Bank of the Philippines. In a statement, Prime Infra said the loan would be able to partially finance the firm’s working capital requirements and its three core...
Property giant Ayala Land Inc. (ALI) and its real estate investment trust, AREIT Inc., have tapped Razon-led Prime Infrastructure for sustainable waste management. Trash produced by eight AREIT office buildings will be processed at Prime Integrated Waste Solutions' (PWS) facility in Binaliw,...
President Marcos on Saturday, April 27, promised to bring in more investments and funding for infrastructure projects in Cebu to solidify its’ and Lapu-Lapu City’s status as the leading driver of economic growth and prosperity in the country. President Ferdinand 'Bongbong' Marcos Jr....
The Upper Wawa Dam, the second phase of the Wawa Bulk Water Supply, is on course to begin operations by the end of 2025 with its progress currently over 70 percent. The project led by Prime Infra’s WawaJVCo Inc. will provide a water capacity of over 700 million liters per day (MLD) and benefit...
First Gen Corp. and Prime Infrastructure Capital, Inc. (Prime Infra) have entered into a lease agreement for the liquefied natural gas (LNG) storage and regasification terminal located in Batangas City. In a disclosure to the Philippine Stock Exchange on Wednesday, Dec. 27, First Gen said that...
SP New Energy Corp. (SPNEC) has acquired all of the shares of Prime Infrastructure Inc. (Prime Infra) in their joint venture firm Terra Solar Philippines Inc. (TSPI) for P6 billion to build the world’s largest solar project at a cost of about P200 billion. In a disclosure to the Philippine Stock...
Razon-led Prime Integrated Waste Solutions Inc. (PWS) has kicked off production of refuse-derived fuel (RDF) through the use of municipal solid wastes as its feedstock. As explained by Prime Infra President and CEO Guillaume Lucci, “by harnessing the potential of RDF, we convert waste into a...
