The Manila International Airport Authority (MIAA) has officially transferred the management of Ninoy Aquino International Airport (NAIA) to its new private operator, New NAIA Infrastructure Corp. (NNIC), for the planned rehabilitation of the country’s premier airport.
Facing the challenge of modernizing the airport’s facade, capacity, operations, and maintenance, NNIC will now be responsible for raising NAIA to international standards.
NNIC chairman Ramon Ang described the concession agreement as an investment in the Philippines’ future, stating it will contribute to the country’s economy.
“A world-class airport means more jobs, more tourists, and a much stronger and more prosperous Philippines,” Ang said during the handover ceremony at NAIA Terminal 3.
“The baton has been passed, and now it is our turn at NNIC to carry it forward to the finish line,” NNIC General Manager Lito Alvarez said.
Transportation Undersecretary for Aviation Roberto Cecilio Lim expressed support for NNIC, adding the takeover will pave the way for a world-class and modernized NAIA.
“Today, we celebrate the competitive spirit of the winning consortium, which brings financial strength, management expertise, and the technical operations strength and experience of Incheon Airport,” Lim said.
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