Philippine consortium drops $2bln airport project – ZAWYA

Philippine consortium drops $2bln airport project – ZAWYA

Philippine consortium drops $2bln airport project | ZAWYA MENA Edition HomeBusinessConstructionArticlePhilippine consortium drops $2bln airport project Modernising the ageing and congested Manila airport was among the largest projects of President Rodrigo Duterte's $180bln "build, build, build" planned    Image used for illustrative purpose. A plane flies past a construction site of a new railway station, after departing from an airport in Hefei, May 14, 2013. MANILA - A consortium of six of the Philippines' biggest conglomerates on Tuesday dropped a proposal to upgrade and operate the country's main airport, as the impacts of the coronavirus hit the viability of the $2 billion project.Modernising the ageing and congested Manila airport was among the largest projects of President Rodrigo Duterte's $180 billion "build, build, build" planned infrastructure overhaul, his signature economic policy.The consortium said it reviewed its plans in light of the impact of the coronavirus on global travel and proposed to the government changes to ensure the Ninoy Aquino International Airport (NAIA) project was viable.Modernising the ageing and congested Manila airport was among the largest projects of President Rodrigo Duterte's $180 billion "build, build, build" planned infrastructure overhaul, his signature economic policy.MANILA - A consortium of six of the Philippines' biggest