THE San Miguel Corp. (SMC)-led private sector group that bagged the operations and maintenance contract for the Ninoy Aquino International Airport (NAIA) is planning to build a new passenger terminal aimed at decongesting the airport’s existing terminals.
“We will build a new passenger terminal building with a capacity of 35 million passengers per year,” SMC president and CEO Ramon Ang said at a press conference in Manila yesterday, following the signing of the concession agreement for the NAIA Public-Private Partnership (PPP) Project.
Ang said the new structure will also have a car park with a capacity of 9,000 vehicles.
He said all the offices in the existing terminals of NAIA will be relocated to the new passenger terminal building.
With this, Ang said the existing NAIA terminals will have “30% more space,” effectively decongesting Terminals 1, 2, and 3 of the airport.
“Luluwag na ang mga lumang terminal na ‘yan pagka nayari na ang bagong terminal,” he said.
He added: “It can handle 35 million passengers per year with a concourse… with 50, target-to-build, boarding bridges.”
SMC-SAP & Co. Consortium, renamed as New NAIA Infra Corporation, bagged the 15-year concession deal to operate, maintain, and rehabilitate NAIA, with an option for a 10-year extension depending on the performance of the concessionaire.
The group is made up of San Miguel Holdings Corp., RMM Asian Logistics Inc., RLW Aviation Development Inc., and Incheon International Airport Corp. It won the bidding after it offered the highest percentage share of its future gross revenues to the government at 82.16%.
Following the signing, Transportation Secretary Jaime Bautista said the winning group will undergo a financial closing that would take at least six months.
The government is aiming to hand over the operations and maintenance of NAIA to the San Miguel-led consortium in September.
Asked if the new terminal will be called Terminal 5, Ang said, “‘Di ko pa alam eksakto ano tawag don basta brand new passenger terminal building.”
He said the consortium is targeting to award the contract to build the new terminal building to a contractor “within six months” after it secured the necessary approvals from the Department of Transportation and the Manila International Airport Authority.
The consortium would need to make an upfront payment of P30 billion to the government and another P2 billion in annual payments for the duration of the contract.
This is on top of the over 82% of its gross revenues it committed to remit to the government. (GMA Integrated News)