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26/08/2019
The P735.6-billion Bulacan airport being proposed by San Miguel Corp. is expected to directly and indirectly generate 1.8 million jobs by 2025.
The construction of a new airport in Bulacan would set off a “domino effect” of development in the province that would provide economic opportunities for millions of Filipinos outside Metro Manila.
Construction of the new airport is expected to begin after the government holds a “Swiss Challenge” by the first quarter of 2019.
A Swiss Challenge is a procurement system in which the government allows other parties to match or improve on an unsolicited proposal.
The airport project, dubbed the New Manila International Airport, will be located in Bulakan, Bulacan. Once completed, it will have six parallel runways and will be able to accommodate 100 million passengers a year, and contribute as much as P395 billion to the country’s Gross Domestic Product by 2025, according to SMC.
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