The Department of Transportation issued a notice of award (NoA) to san Miguel Holdings Corporation (SMHC) for its PhP 734 billion Bulacan International Airport Project. With the issuance of the NoA, SHMC will take charge of the airport project’s financing, design, construction, supply, completion, testing, commissioning, and operation and maintenance. The construction is expected to begin by year-end and its operations are set to commence within the next four to six years. The project which is also known as the New Manila International Airport, is positioned as an alternative to the Ninoy Aquino International Airport in Pasay City. The airport will be built on 2,500 hectares of land with four to six parallel runways, and will have an annual capacity to handle 100 million passengers.
