Tuesday, September 22, 2015

Mactan-Cebu International Airport takes off due to PPP deal with GMR

Lapu Lapu City: Some P35 billion have been infused for the modernization of the Mactan-Cebu International Airport (MCIA) here.

The amount shows a stark contrast to the P15.35 billion that President Aquino approved for the Clark International Airport’s (CIA) new terminal to be finished in 2022.

Andrew Acquaah-Harrison, chief executive advisor of GMR Megawide, said MCIA is presently handling 7.1 million passengers annually, but in the fourth year of its modernization, MCIA will be handling 11 million passengers and will have a terminal capacity for 12.5 million.

The CIA is presently handling close to 1 million passengers in its terminal which has a capacity of 4 million and with the completion of the first phase of the new terminal in 2017 will add another 3 million.
22/09/15 Ashley Manabat/Business Mirror
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