NAIA rehabilitation: 'Super consortium' taps Changi consultants

ABS-CBN News

Posted at Feb 12 2018 12:18 PM | Updated as of Feb 12 2018 12:29 PM

MANILA - The "super consortium" of Filipino companies that seeks to rehabilitate the capital's main airport has engaged consultants from Singapore's Changi, one of its members said Monday.

Changi Airport Consultants, a subsidiary of Changi Airports International, will provide "technical support" in relation to the consortium's unsolicited proposal to rehabilitate and expand the Ninoy Aquino International Airport, JG Summit told the stock exchange.

Aside from JG Summit, the "super consortium" also includes Ayala Corp, LT Group, Filinvest, Aboitiz Equity Ventures, Metro Pacific Investments, and Megaworld.

The National Economic and Development Authority last year approved the upgrade of NAIA with an indicative cost of P74.56 billion ($1.44 billion).

Travel website Sleeping in Airports last year selected Changi as the best in the world. It also removed NAIA from the list of Asia's worst air terminals.