Tuesday, July 23, 2024

New $14 billion Manila airport proposal gets green light

The Philippine government on Thursday approved a $14 billion international airport proposal from the country’s largest firm by revenue, San Miguel Corporation, aimed at easing severe congestion at the country’s main gateway airport – Ninoy Aquino International Airport (NAIA) in Manila. The National Economic and Development Authority’s board approved San Miguel’s PHP 735.6 billion ($14 […]