San Miguel Corp. Gets Green Light for New Manila International Airport Project

Philippines, air transport, airport, Bulacan, Manila

 

Philippines Department of Transportation finally gave the final green light to private conglomerate San Miguel to develop a brand new international airport in Bulacan near Philippines capital city Manila. SMC eyes 2025 for an airport opening…

San Miguel Corporation (SMC) is set to build a planned airport in Bulacan near Manila, a project that the private conglomerate is envisioning for a couple of years. As the Philippines government finally accepted the idea to a brand new airport to serve Manila, bids were open by the Department of Transportation with no other firms challenging SMC proposal. Last week, the PDOT finally confirmed that the project was attributed to SMC.

The US$15 billion (PHP 735.6 billion) airport project will be developed on a 2,500-hectare land in Bulakan Town in Bulacan, some 36 km north of Makati and 25 km northwest of Quezon City.

It would have 4 parallel runways, with space for two more if needed. The new air infrastructure would be designed to have a capacity of 100 million passengers annually, and could be expanded to 200 million passengers. The airport is due to become the alternative gateway and even take over all the traffic of the congested Ninoy Aquino International Airport. It will be named the New Manila International Airport (NMIA).

SMC hopes to start development as soon as possible before the end of the year for a completion in five to six years. The conglomerate will undertake the financing, design, construction, supply, completion, testing, commissioning and operation and maintenance of the new international gateway.

The initial phase will cost some PHP450 billion for the initial phase which include also the construction of a new 8.4 km tollway linking the airport to the North Luzon Expressway in Marilao. This will be potentially the biggest weakeness of the airport: the lack of a rail service will mean that it will take over an hour and a half to each the airport from Manila city centre…