Philippines $14BN Mega New Manila International Airport

This is the New Manila International Airport or the Bulacan International Airport, the most expensive project ever in the Philippines, it will set the country for a brighter and better future.

Disclaimer: Some footage are for presentation only

Courtesy of San Miguel Corporation

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This is the New Manila International Airport, and it is considered to be the most expensive project ever in the Philippines, it has a price tag of 735 billion pesos, in fact it is actually one of the most expensive airports in the world. The proposed new international “aerotropolis”, or a metropolis revolving around an airport, would involve a massive airport complex consisting of world class terminals and airport facilities, would be built on a 2,500-hectare property with a plan for four runways. There is ample space to construct a high-capacity runway system and airport complex that will ensure the efficient handling of 100 million passengers per year. The surrounding area would be developed into a new residential area and industrial zone with a seaport. All of this will be accessible in less than thirty minutes from Metro Manila, via interconnected expressways and railways— including a shoreline expressway that will cross Manila Bay head straight to New Manila International Airport. Could this be the needed solution to the problem of aging and inefficient airports where flight delays and congestion are the norm? Airport congestion is a serious problem that both airlines and passengers have to face. Currently, Ninoy Aquino International Airport’s annual losses due to air traffic congestion are estimated to be more than 10 billion dollars per year. This will continue to grow unless new airport capacity is built.

The project site is situated along Manila Bay in Bulakan town, province of Bulacan, 35 kilometres north of the city centre. It is also referred to as Bulacan International Airport, though it will be the main airport of Manila in the future. The Bulacan airport project was proposed by Ramon Ang of the San Miguel Corporation; a conglomerate best known for San Miguel Beer and the beer giant of the Philippines. Ang had been accumulating land at the Bulacan site before making the unsolicited proposal. Ang has also reached out to Jacobs engineering group for the design of the airport, this is the same team that handled the world famous Singapore Changi Airport and several other more top contender airports in the world.

Once the airport has been built this will have a huge impact on the world as it would mean that the Philippines is finally ready to rank among the rising economies of Asia. It will boost tourism, enhance the profile as an investment destination, and increase the competitiveness of industries, including manufacturing and exports. It can even contribute to the development of new, technology-based industries. In 2018, the Philippines recorded some 7.1 million tourist arrivals. It is well behind its ASEAN neighbors such as Thailand (38.27 million tourists), Malaysia (33.1 million tourists), Singapore (18.5 million), Indonesia (15.8 million), and Vietnam (15.5 million). If the Philippines is able to reach 20 million tourists, that will amount to an estimated 40 million new tourism-related jobs.

The project is under the “build build build”. That is handled by the current administration, which promises to fix our country’s infrastructure gaps.

But, because of the pandemic, the construction of New Manila International Airport was delayed. It will start its construction in October. Once New Manila International Airport is completed, it is envisioned to be the best airport in the region. President Ramon Ang of SMC described it as the “game changer” of the Philippines.

What do you think of the new airport in the Philippines? Share with us your thoughts in the comments below. Don’t forget to leave us a like as it’ll help the video and follow us for more amazing videos.
Posted by QUO NEQ in Business on December 18 2023 at 08:48 PM  ·  Public
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