The NAIA Super Consortium might soon be able to push through with the rehabilitation, upgrading, and improvement of the Ninoy Aquino International Airport (NAIA) after the National Economic and Development Authority (NEDA) Investment Coordination Committee-Cabinet Committee gave its approval in favor of the unsolicited proposal last September 27. The cost of the project will cost P102 billion.
The NAIA super consortium consists of Aboitiz InfraCapital, Inc.; AC Infrastructure Holdings Corp.; Alliance Global Group, Inc.; Asia’s Emerging Dragon Corp.; Filinvest Development Corp.; JG Summit Holdings, Inc.; and Metro Pacific Investments Corp. Asia's Emerging Dragon Corp. belongs to Lucio Tan's LT Group, which also owns Philippine Airlines. JG Summit Holdings, Inc. of the Gokongweis also own budget carrier Cebu Pacific.
After the NEDA approval, the Department of Transportation (DOTr) will then draft the terms of reference of the the project which would then be subjected to a Swiss Challenge where other firms can submit their own proposals for the same project. The project contract will then be rewarded to the consortium or firm with a better deal.
Projects like the NAIA rehabilitation and upgrade are part of the government's Build Build Build program and will be appraised in accordance with the overall infrastructure plan.