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NewsTranscript
00:00This is the latest news of the 24-hour weekend.
00:08The new NIA Infrastructure Corporation, or NNIC, is the official leader in the operation of the Ninoy Aquino International Airport.
00:17The plans to change the NIA will be gradually implemented so that its operation will not be affected.
00:24Niko Wahe has the latest.
00:27The problems and concerns of passengers are the reason for the privatization of the terminals of the Ninoy Aquino International Airport.
00:36The Department of Transportation and Manila International Airport Authority formally turned over the operation of the NIA to the new NIA Infrastructure Corporation, or NNIC, led by San Miguel Corporation.
00:48The NNIC's investment is Php 114 billion under the 15-year concession.
00:53According to the DOTR, the government still owns the terminals and will return to their operation after the concession period.
01:01I think what's the most important advantage of private concessionaries is their ability to input their investment immediately because they are not bound by the procurement law.
01:13According to the MIAA, this public-private partnership will increase the capacity of 62 million passengers from the current 35 million.
01:23From 40, 48 flights can be accommodated per hour.
01:27The target is also 58,000 jobs.
01:30Terminals will be expanded and the connection of these will be diversified.
01:34Food will be added, airplanes and cars will be parked, and world-class systems and technologies will be installed.
01:41It was also agreed that the turnover will not affect the operation of the NIA.
01:46The re-assignment of flights is also included in the plan, which will be done gradually.
01:51It will have to be discussed thoroughly with other government agencies, our airlines, because we have to also consider their input.
02:00If it will be private, there will be a direct complaint, there will be direct concerns, so maybe it will be faster.
02:09I hope the terminal will be better, more spacious. I hope it will be higher, even just a little. I hope it won't be worse.
02:15For GMA Integrated News, Nico Juage in Tutok, 24 Hours.
02:38Transcription by ESO. Translation by —