Arrow Artboard Created with Sketch. Artboard Created with Sketch. Title Chevron Title Chevron Icon Facebook Icon Linkedin Icon Mail Contact Path Layer Icon Mail Positive Arrow Icon Print Economy Philippine consortium proposes $6.75bn bid to transform Manila's airport Major conglomerates plan regional hub that competes with Singapore, Thailand
CLIFF VENZON, Nikkei staff writer February 13, 2018 15:04 JST | Philippines
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. Take your reading anywhere with offline reading functions Never miss a story with breaking news alerts Customize your reading experience
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