New Manila International Airport.

November 19, 2018
New Manila International Airport

Source: Wikipedia.com. https://en.wikipedia.org/wiki/New_Manila_International_Airport

The New Manila International Airport (NMIA), also being referred to as Bulacan International Airport, is a proposed airport through an unsolicited proposal by the San Miguel Corporation to be built in the coastal areas of Bulakan, Bulacan, 35 kilometers north of the city of Manila. It aims to complement the increasing passenger traffic at the Ninoy Aquino International Airport (NAIA).

San Miguel Corporation through its president Ramon Ang said that the proposed airport will be built on a 2,500-hectare coastal property as part of an envisioned 12,000 hectare township that features a residential zone, government center, seaport and an industrial zone.[1] The PhP 735.634-billion airport development will cover the passenger terminal building with airside and landside facilities, four runways, an airport toll road connecting the North Luzon Expressway in Bulacan and Manila’s Radial Road 10.

The National Economic and Development Authority (NEDA) Board approved the unsolicited proposal April 26, 2018 [2] and negotiation report on the Concession Agreement (CA) on December 21, 2018. Under the approved terms, the concession agreement includes a no government guarantee or any form of subsidy from the state.[3]

The project will have a final review of the Office of the Solicitor-General (OSG) and the Department of Finance (DOF) before it will undergo a Swiss Challenge where other prospective companies will compete against the San Miguel Corporation proposal. As the original project proponent, SMC has the right to match any bid by its competitors. The Department of Transportation, the implementing agency for the project, eyes to finish Swiss challenge for Bulacan airport project by the first quarter of 2019.[4]

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