Philippines attracts four bids for main airport’s $3 billion upgrade
The Philippines attracted four bidders in an auction for the 170.6 billion pesos ($3 billion) upgrade of its main international airport, the transportation ministry said on Wednesday.
Ranked by some travel service firms among the world’s worst international gateways, the aging Ninoy Aquino International Airport (NAIA), the fifth largest in Southeast Asia, needs an upgrade to solve chronic flight delays and passenger congestion.
“This is a very important project of the government as we want all our passengers improved travel experience,” Transportation Secretary Jaime Bautista said on Wednesday.
