Philippines picks San Miguel-led group to upgrade main airport in US$3bil contract


MANILA: The Philippines' main international gateway will finally get a much-needed facelift after the government successfully bid out a US$3 billion contract to modernise the airport, ranked as among the worst in the world.

The transportation ministry selected on Friday a consortium led by conglomerate San Miguel Corp as its preferred bidder to upgrade and operate the Ninoy Aquino International Airport (NAIA) in the capital Manila.

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