San Miguel’s airport in Bulacan eyed to be operational by 2027

The P735-billion New Manila International Airport (NMIA) of bilyonaryo Ramon S. Ang-led San Miguel Corp. Is expected to start operations in 2027.

Transportation Secretary Jaime J. Bautista construction of this game changing gateway which will rise on a 1,693 site in Bulacan, is now in full swing.

Once built, the NMIA would be fully owned by the government under a “build-operate-transfer” program.

It will not only help decongest the Ninoy Aquino International Airport (NAIA) as the capital’s main gateway, but will also be a “game changer” and catalyst of economic growth in Central Luzon.

Phase 1 of the project will have a capacity of 35 million passengers per annum and is expected generate more than one million jobs, and rake in increased foreign direct investments and higher exports.

Under the 50-year concession agreement, SMC will undertake the financing, design, construction, operation and maintenance of the new interational gateway.

San Miguel tapped the services of global firms Groupe ADPi, Meinhardt Group and Jacobs Engineering to design and build the airport.

All three companies were involved in building world-class airports including Changi Airport in Singapore, Atlanta Airport in the US and Charles de Gaulle Airport in France.

Putin ally joins tech giant Yandex

A long-time ally of President Vladimir Putin, Alexei Kudrin, said Monday he will be joining Yandex as the Kremlin seeks to tighten its grip on Russia’s top technology giant.