NAIA could be privatized by Q1 2024 – DOTr official

may happen as early as the first quarter of next year, according to Department of Transportation Undersecretary for Aviation and Airports Roberto Lim.

Just last Friday, June 2, the DOTr and Manila International Airport Authority announced that it had prepared a Having the private sector handle these upgrades means that the government could save billions of pesos since expenses needed to support NAIA will no longer be included in the national budget.

“Most people ask, are we selling anything? No. All of these assets will continue to belong to the government. But it’s being granted as a concession. So, it’s like a franchise that you’re granting with terms and conditions for operating the public facility,” Lim said.

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