At Malacañang, PBBM witnessed the ceremonial signing of NAIA-Public Private Partnership project concession agreement with the SMC-led consortium.

In his remarks, Marcos said he is happy to see the airport modernization project “taking off” after more than 30 years of delay.

Signing the agreement on the P170.6-billion NAIA rehabilitation project were Transportation Secretary Jaime Bautista, MIAA general manager Eric Jose Ines and SMC’s Ang.

Marcos blamed the delay in the airport’s rehabilitation on “bureaucratic inertia, political turbulence and legal wranglings.”