Philippines attracts four bids for main airport's US$3bil upgrade

MANILA (Reuters): The Philippines attracted four bidders in an auction for the 170.6 billion pesos (US$3 billion) upgrade of its main international airport, the transportation ministry had announced recently.

Ranked by some travel service firms among the world's worst international gateways, the aging Ninoy Aquino International Airport (NAIA), the fifth largest in South-East Asia, needs an upgrade to solve chronic flight delays and passenger congestion.

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