Finance Secretary Carlos G. Dominguez III said the ₱102-billion NAIA rehabilitation project was approved during the National Economic and Development Authority Board meeting chaired by President Duterte yesterday.
Just last month, the Duterte administration included the NAIA rehabilitation plan in its upgraded list of flagship infrastructure projects along with the ₱735-billion New Manila International Airport by the San Miguel Corp. But before the NAIA rehabilitation plan received President’s approval, the project suffered delays after the government returned the consortium’s proposed concession agreement.
President Duterte has standardized and patterned all draft agreements on unsolicited proposals to the operation and maintenance contract of Clark International Airport which covers provisions for MAGA or material adverse government action.