Potential bidders for the rehabilitation of Ninoy Aquino International Airport (NAIA) are showing an increasing amount of interest, according to the Department of Transportation (DOTr) in the Philippines.
According to Jaime Bautista, the Secretary of DOTr, Limak Holding A.S., a Turkish company, has shown interest in the offer. Eight offers are now eligible to be considered for the PHP170.6 billion ($3.04 billion) repair project.
A multi-phased master plan for the expansion of Manila Airport was previously presented in June by the Manila International Airport Consortium (MIAC). The plan is to raise the annual passenger volume at NAIA from 31 million to 70 million.
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Original story by: Asia Gamling Brief
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