MANILA -- A consortium of major Philippine conglomerates has pitched a 350-billion-peso ($6.75 billion) proposal to transform Manila's international airport into a regional aviation hub.
The seven business groups -- Ayala Corp., JG Summit Holdings, Aboitiz Equity Ventures, Alliance Global Group, Metro Pacific Investments, LT Group and Filinvest Development -- submitted a plan to the Department of Transportation on Monday.
