ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Companies

China-backed group loses $10bn Philippine airport project

Award cancellation boosts San Miguel's $15.4bn plan for separate project

The planned Sangley Point International Airport would take pressure off Manila's Ninoy Aquino International Airport. (Illustration courtesy of Cavite provincial government)
CLIFF VENZON, Nikkei staff writer | Philippines

MANILA -- A China-backed consortium has lost the right to develop a $10 billion airport project in the Philippines, the group's local partner said on Wednesday.

Read Next

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more