Plans are in hand in the Philippines to build a new road linking the international airport of capital Manila to the city and to other surrounding highways. The contract for the project was awarded to Optimal Infrastructure Development Inc (OIDI), a subsidiary of local firm San Miguel Corp (SMC). The company will build the new Ninoy Aquino International Airport (NAIA) Expressway in a deal worth some US$387.25 million for the Department of Public Works and Highways. OIDI will carry out the work under the PPP
Plans are in hand in the Philippines to build a new road linking the international airport of capital Manila to the city and to other surrounding highways. The contract for the project was awarded to Optimal Infrastructure Development Inc (OIDI), a subsidiary of local firm San Miguel Corp (SMC). The company will build the new Ninoy Aquino International Airport (NAIA) Expressway in a deal worth some US$387.25 million for the 2569 Department of Public Works and Highways. OIDI will carry out the work under the PPP model between December 2013 and August 2015. SMC will then run the highway for a 30 year period and the route will feature a 7.75km long raised section. Once complete the new highway will connect Paranaque City with the airport, which is located in Pasay City. The project also includes new interchanges connecting with Macapagal and Roxas boulevards, the Manila-Cavite Toll Expressway, the Metro Manila Skyway and the South Luzon Expressway.