MANILA, Philippines — San Miguel Corp.'s proposal to build a new international airport in Bulacan worth P700 billion is now up for deliberation of the National Economic and Development Authority board. This was confirmed by Transportation Secretary Secretary Arthur Tugade on Friday, saying his department examined and approved SMC's unsolicited proposal. "Last week, we forwarded to NEDA...not for approval, for deliberation," Tugade told reporters during the Philippine Aviation Day on Friday. Construction of the new Bulacan airport is expected to be completed in six years after it is approved by the government. SMC is proposing the Bulacan airport as an international gateway that will eventually replace the Ninoy Aquino International Airport in Manila.
Source: Philippine Star October 27, 2017 13:41 UTC