SMC Bulacan Int'l Airport Proposal Bizwatch

San Miguel Corporation’s unsolicited proposal to build an international airport in Bulacan was just approved by President Rodrigo Duterte. The airport project is just one of the almost one Trillion pesos worth of infrastructure projects approved by the President.

The National Economic Development Authority Board which is chaired by President Rodrigo Duterte approved no less than twenty big-ticket infrastructure projects worth over P974.8 billion. The biggest among these approved infrastructure projects is the airport proposal of San Miguel Corporation.

The proposed airport in Bulacan which covers 1.168 hectares is expected to decongest the Ninoy Aquino International Airport. The whole area which will house the airport is 2,500 hectares along Manila Bay in Bulacan, Bulacan. It will also house a city complex.

This is a 50-year airport project where six parallel runways will be built. The initial capacity of this airport is 100 million passengers which is triple that of the NAIA. Although already approved by NEDA, the San Miguel proposal will be still be subject to a Swiss Challenge where other groups will be invited to make offers. Under the Swiss Challenge, the original bidder which is San Miguel Corporation has the right to match any better proposal.

Meantime, other infrastructure projects approved by NEDA are the P50-billion Subic-Clark railway project, the Clark International Airport expansion project which costs P12.55 billion. Also included among the approved projects are the Ambal-Simuay river and Rio Grande de Mindanao river flood control projects that cost P39.22 billion, the Pasig-Marikina river and Manggahan floodway bridges costing P27.36 billion and lastly, the bridge construction acceleration project for socio-economic development costing P27.37 billion. The country’s integrated disaster risk reduction and climate change programs will also get added measures in low-lying areas of Pampanga bay as well as our rural agro-enterprise partnership.

The Davao Food Complex project worth P1.02 billion and the restructuring of the Integrated Natural Resources and Environment Management Project worth P7.2 billion, the Integrated Marin Enterprise Monitoring System, and the New Centennial Water Source-Kaliwa Dam project worth P14.32 billion round up the approved infrastructure projects recently approved by the NEDA Board.

There are 8 other projects confirmed by NEDA through ad referendum which are connected to the Official Development Assistance of the Arterial Bypass project, the Growth Corridors in the Mindanao road sector, the Chico River Pump Irrigation, the New Bohol Airport construction, and the Samar Pacific Coastal Road, and the Jalaur River Multipurpose project.

Видео SMC Bulacan Int'l Airport Proposal Bizwatch канала Business and Leisure