The DOTr is looking at finalizing the game plan to rehabilitate Naia by June as it seeks to enhance operations of the country’s main gateway, which has been a subject of criticisms by the passengers due to inefficiencies. | TyronePiad /PDI
Under the deal, the ADB advises the DOTr on the modernization and capacity expansion of Naia, which was previously tagged as one of the most stressful airports in Asia. The agreement takes effect from the date of signing until 36 months after or when a partner has been chosen.
The agreement scope includes “financing, improvement, expansion, operation and maintenance of the airport facilities.” The ADB is set to provide assistance in preparing bidding and tender documents; and aid in finalizing concession agreement, among others. Bautista shared that the ADB was currently doing market sounding activities to know the attractive terms of reference for the investors.In addition, he said the international development finance institution was also doing an updated traffic study, which would serve as the basis for the terms of reference.
The Manila International Airport Authority , the agency that manages Naia, recently reported that passenger traffic at the airport more than doubled to 10.86 million in the first quarter from the same period last year. The figure was only 6 percent below the prepandemic level of 11.59 million travelers in the first quarter of 2019.
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