He revived plans to sell NAIA assets as a property play and generate a few trillion pesos to help reduce the country’s debt.
I am not even thinking of the proposal to build Sangley International Airport. The proponents still have to raise enough funding and they have to do reclamation in deep waters that will take too much time. Sangley is looking irrelevant even now. Sangley is dead in the water, so to speak. Recto is correct to say they should be thinking of monetizing NAIA as a property play. By that, I hope he means that someone in government will now start thinking of selling NAIA not as raw land the way they did with BGC. Rather, this is our last chance to show the world that we have expert urban planners who know how to develop Metro Manila’s last large chunk of land into something more civilized than the BGC horror story.
Open spaces provide opportunities to explore and experience nature, socialize and participate in health-boosting recreational activities. Think New York Central Park and the Golden Gate Park in San Francisco.