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DOTr insists: NAIA assets remain with gov’t after privatization

admin January 27, 2023

TRANSPORTATION (DOTr) Secretary Jaime J. Bautista said on Thursday that the assets of the Ninoy Aquino International Airport (NAIA) remain with the government even if the private sector manages its operations, should plans to privatize the country’s main gateway push through.

The NAIA operations will be managed via a concession agreement, he clarified, confirming the statement of President Ferdinand Marcos Jr. that “the government has no plans to privatize NAIA”.

“The President didn’t mean to say we’re turning over the assets of NAIA to the private sector,” he reiterated. “What he meant was, it’s the private sector who will manage the operations through a concession agreement.”

Aside from operating and maintaining the airport, the private sector will also expand and upgrade NAIA’s facilities to deliver the required Level of Service (LoS) and provide improved services to passengers and other airport users.

Tags: bautista dotr naia privatization

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