ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Manila's $2bn airport expansion pitch stalled by aviation shakeup

Calls renewed for government to back those seeking PPP deals

Manila's Ninoy Aquino International Airport has often been ranked among the world's worst airports.   © EPA/Jiji

MANILA -- A $2 billion project to expand the Philippine capital's airport is on the verge of collapse as the novel coronavirus pandemic wreaks havoc in the aviation industry, prompting calls for the government to reconsider its policy of not offering financial backing for big building projects.

A consortium of seven conglomerates, including Ayala, Cebu Air parent JG Summit Holdings and Philippine Airlines affiliate LT Group, said the government has rejected its revised terms for the Ninoy Aquino International Airport expansion project under a public-private partnership scheme.

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