Conglomerate San Miguel Corp. (SMC) could bag the 50-year concession to build and operate a new international airport in Bulacan province by the latter part of the year or early 2019. Reuben Reinoso, undersecretary for planning at the Department of Transportation (DOTr), signaled in a press briefingon Tuesdaythat the DOTr and SMC were entering the final round of negotiations over the concession agreement of SMC's P700 billion project, dubbed the New Manila International Airport, which was conditionally approved by the board of the National Economic and Development Authority (Neda) last April. Following the latest round of talks last Septe...
Keep on reading: DOTr eyes award of Bulacan airport project by year-end or early 2019
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