Bulacan airport gets NEDA Board nod 78 SHARES Share it! Finance Secretary Carlos G. Dominguez III revealed late Friday that the NEDA Board approved the concession agreement for the P753.63-billion international airport project in Bulakan, Bulacan proposed by San Miguel Holdings Corp. (SMHC). Following the final NEDA Board approval, Dominguez said the Duterte administration expects to complete the Swiss challenge on the Bulacan airport project by the first-quarter next year. The Bulacan airport is the largest among the infrastructure projects approved by the NEDA Board this year that once completed, the facility should help ease congestion at the Ninoy Aquino International Airport (NAIA). The Philippines, one of Asia’s fastest growing economies, is trying to improve infrastructure such as roads, ports, railways and airports with the help of the private sector under its $180 billion “Build, Build, Build” program.

Source: Manila Bulletin December 22, 2018 16:07 UTC