PHILIPPINES: Philippines Government Okays Construction Of New Manila Airport - Hallo friendsWORD BEUTIFUL TRAVEL, In the article you read this time with the title PHILIPPINES: Philippines Government Okays Construction Of New Manila Airport, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article CULINARY, Article DESTINATION, Article Hotel, Article LOSMEN, Article ROUTE ROAD, We write this you can understand. Alright, good read.

Title : PHILIPPINES: Philippines Government Okays Construction Of New Manila Airport
link : PHILIPPINES: Philippines Government Okays Construction Of New Manila Airport

PHILIPPINES: Philippines Government Okays Construction Of New Manila Airport

The Philippines on Wednesday approved a plan to build a new airport near Manila, in a bid to ease congestion with the capital's existing airport operating at full capacity.

Philippine conglomerate San Miguel will build the airport in Bulakan town, north of Manila Bay, that will feature four parallel runways and serve 100-200 million passengers a year, a government statement said.

This new international airport is important in helping ease the congestion of the Ninoy Aquino International Airport (in Manila), Transportation Secretary Arthur Tugade said in the statement.

San Miguel, which was the only company to bid for the project, will have to break ground on the $14 billion project before the end of the year and open for business no later than 2025, the statement said.

The company has said it plans to run the airport which would be the biggest infrastructure project under President Rodrigo Duterte's government, after obtaining a government concession.

The existing Manila airport, which has two runways, handled nearly 260,000 flights and served 45 million passengers last year, according to its website.

The announcement came after the close of trade in Manila. Shares in San Miguel rose 1.19 percent to end at 178.00 pesos ($3.50).


Tourism Observer

Thus Article PHILIPPINES: Philippines Government Okays Construction Of New Manila Airport

That's an article PHILIPPINES: Philippines Government Okays Construction Of New Manila Airport This time, hopefully can give benefits to all of you. well, see you in posting other articles.

You are now reading the article PHILIPPINES: Philippines Government Okays Construction Of New Manila Airport with the link address https://beutifultour.blogspot.com/2019/08/philippines-philippines-government.html

Tweet

Subscribe to receive free email updates: