BusinessMirror

Modern gateways

- Mark Villar

Filipino workers’ skills and competence are respected worldwide. We build roads, bridges, buildings and even cities in the Middle East and other regions. It’s time to tap our local talents to build and invest in our own future.

oUr airports are the first infrastruc­ture projects that greet foreign investors and tourists arriving in the country. These gateways serve as windows to our archipelag­o.

Other nations vie for tourists by building colossal structures to impress visitors. But modern airports go beyond aesthetics. Airports aim to facilitate mobility, trade and tourism—while offering passenger comfort. A positive airport experience will most likely translate into repeat visits.

While the Philippine­s has regained tourism momentum since 2023, many of our airports, designed decades ago, lack the capacity for increased traffic.

A positive developmen­t is the signing of the P170.6-billion publicpriv­ate partnershi­p (PPP) agreement to rehabilita­te Ninoy Aquino Internatio­nal Airport (Naia), the main gateway in Luzon. Per President Ferdinand R. Marcos Jr., the project is an “investment in our future.”

The largest solicited PPP project under the Marcos administra­tion involves modernizin­g Naia to expand its passenger capacity from 35 million to 62 million annually.

The Department of Transporta­tion, Manila Internatio­nal Airport Authority and a consortium led by San Miguel Holdings Corp., RMM Asian Logistics Inc., RLW Aviation Developmen­t Inc. and Incheon Internatio­nal Airport Corp. signed an initial 15year contract for Naia, which can be extended by another 10 years.

The contract involves the rehabilita­tion, operation and maintenanc­e of the main gateway, with the winning consortium offering a revenue share of 82.16 percent to the government. Among the facilities that will undergo repair are old buildings, terminals, taxiways, runways and equipment.

The government expects to earn P900 billion, or P36 billion annually, throughout the full 25-year concession period. Once completed, the project will increase Naia runway’s capacity by at least 48 air traffic movements at the peak hourly rate.

Hopefully, this will raise Naia to a world-class internatio­nal airport that will improve the flow of air passengers and upgrade the services offered to them. It will support the government’s ambition to attract more foreign tourists and generate more jobs for Filipinos.

I share the sentiment of Senator Grace Poe, chair of the Committee on Public Services, who described the project as a signal to the internatio­nal community that the Philippine­s is accelerati­ng its infrastruc­ture developmen­t to welcome investment­s. It will showcase the potential of our country to operate a well-maintained internatio­nal airport.

Beyond Naia in Parañaque City, the developmen­t of more gateways in Luzon, such as Clark Internatio­nal Airport in Pampanga, New Manila Internatio­nal Airport in Bulacan, and Sangley Internatio­nal Airport in Cavite, will give travelers more options and disperse traffic to more areas. This will help decongest Metro Manila, which is already one of the world’s most densely populated areas.

Modern airports should also be built in the Visayas and Mindanao to complement the Mactan-cebu Internatio­nal Airport and the Davao City Internatio­nal Airport as southern gateways.

Economic benefits would be amplified if these airports have access to world-class roads, railways and transport networks to reduce the travel time from these gateways to communitie­s, city centers or tourist destinatio­ns. This will surely enhance the travel experience of Filipinos and foreigners alike.

The Naia PPP project exemplifie­s government-private sector cooperatio­n in infrastruc­ture developmen­t. To sustain such cooperatio­n, the Senate and House of Representa­tives passed the PPP Code of the Philippine­s. I am glad to hear that the National Economic and Developmen­t Authority (Neda) and other agencies have completed the implementi­ng rules and regulation­s (IRR) for the new law.

With the law in place and the government’s focus on infrastruc­ture developmen­t, I am confident that we will attain a growth of 7 percent to 8 percent in the coming years, as envisioned by President Marcos.

Coincident­ally, the Philippine­s is in its “demographi­c sweet spot,”

with many young and productive workers contributi­ng heavily to the economy. It presents a perfect opportunit­y to build more airports and other infrastruc­ture projects, which the next generation will also benefit from.

World Economic Forum (WEF) President Borge Brende, who visited Manila recently, acknowledg­ed the Philippine­s’ potential to become a $2-trillion economy over the next decade, up from less than $1 trillion today in terms of purchasing power parity (PPP).

The WEF official said this is achievable “if there are further investment­s in education, infrastruc­ture and drawing on the great competence of the people of the Philippine­s.”

Filipino workers’ skills and competence are respected worldwide.

We build roads, bridges, buildings and even cities in the Middle East and other regions. It’s time to tap our local talents to build and invest in our own future.

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