MANILA, Philippines - The Department of Budget and Management (DBM) has released P1.89 billion for the completion and rehabilitation of the Ninoy Aquino International Airport Terminal 3.
In a statement, the Budget department said this is in line with the Aquino administration's "goal of boosting public infrastructure and the country's fast-growing tourism industry."
The government earlier signed a $45 million agreement with Japanese contractor Takenaka Corp. for improvements at the NAIA-3. Works will include the development of a flight information display system, baggage handling and reconciliation system, fire alarm and protection system, and passenger loading bridges.
Budget Secretary Florencio Abad sees the completion and rehabilitation of the NAIA-3 as a crucial element in decongesting Terminal 1, which caters to most international flights coming to and from the country.
"Upon completion of the project, NAIA 3 will have the capacity to serve 6,000 passengers per hour, or 33,000 passengers daily during peak season. It will also have 34 air bridges and 20 contact gates, allowing the terminal to accommodate 28 planes simultaneously," DBM said.
The Philippines welcomed 4.2 million tourists in 2012, up from the 3.9 million visitors in 2011. For this year, the government expects 5.5 million tourist arrivals.