DoTr set to award Bulacan Airport project to SMC

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FILE PHOTO

Metro Manila (CNN Philippines, August 8) — The alternate international airport north of Manila will be awarded to the project proponent soon.

In a text message to CNN Philippines, Transportation Assistant Secretary Giovanni Lopez said the government will award the project to construct the proposed New Manila International Airport in Bulacan to diversified conglomerate San Miguel Corporation (SMC).

"We are looking to award the project next week. We are finalizing the draft resolution right now and I will set a special (bids and awards committee) meeting next week, either Tuesday or Wednesday for its approval," Lopez said.

The proposed international gateway will be constructed on a 2,500-hectare seaside area in Bulacan, north of Manila.

It will have four parallel runways and a terminal that can serve 100 million passengers yearly.

The project's estimated cost is more than ₱735 billion.

It is meant to divert traffic and decongest the Ninoy Aquino International Airport.