AEDC to bid for $1.65-B NAIA redevelopment project | ABS-CBN
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AEDC to bid for $1.65-B NAIA redevelopment project
AEDC to bid for $1.65-B NAIA redevelopment project
ABS-CBN News
Published Oct 03, 2016 07:10 PM PHT
MANILA - Asia's Emerging Dragon Corp. (AEDC) will participate in the bidding for the $1.65 billion redevelopment of the Ninoy Aquino International Airport (NAIA), its president said Monday.
MANILA - Asia's Emerging Dragon Corp. (AEDC) will participate in the bidding for the $1.65 billion redevelopment of the Ninoy Aquino International Airport (NAIA), its president said Monday.
A foreign partner will be tapped in the project, said the company, which is owned and controlled by the Lucio Tan group.
A foreign partner will be tapped in the project, said the company, which is owned and controlled by the Lucio Tan group.
The foreign partner will provide the technical expertise in the project, it said.
The foreign partner will provide the technical expertise in the project, it said.
"We are participating in the bidding because we firmly believe in the growth potential of our country's premier airport, given our past experience of pushing for Philippine aviation development," retired general and AEDC President Salvador Mison said.
"We are participating in the bidding because we firmly believe in the growth potential of our country's premier airport, given our past experience of pushing for Philippine aviation development," retired general and AEDC President Salvador Mison said.
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The project aims to improve the operational efficiencies of the four terminals of NAIA to meet international standards.
The project aims to improve the operational efficiencies of the four terminals of NAIA to meet international standards.
It was approved by the National Economic and Development Authority in September under government's public-private partnership scheme.
It was approved by the National Economic and Development Authority in September under government's public-private partnership scheme.
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