Philippines to Modernize Aging Manila Airport, Boost Capacity

By
Karl Lester M Yap
  • Passenger traffic expected to grow almost 50% by 2037
  • Older facilities, long queues make the upgrade necessary

Workers collect carts at the dilapidated Ninoy Aquino international airport.

 Photographer: Dondi Tawatao/Getty Images

The Philippine government is considering bringing in investors to modernize Manila’s 33-year-old airport as President Benigno Aquino tries to upgrade the country’s infrastructure.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.

Read this article on the Terminal Request a demo to learn more

You might like:
  1. Ivanka Trump Faces Courtroom Showdown Over $785 Sandals
  2. Fed to Shrink Assets Next Month, Boost Rates by Year End
  3. Ronaldo Is Hawking One of the World’s Riskiest Derivatives
  4. S&P Cuts China’s Credit Rating, Citing Risk From Debt Growth
  5. How Toys ‘R’ Us Collapsed So Quickly