The Philippine government is seeking private sector assistance for the improvement and management of Manila’s Ninoy Aquino International Airport, with plans to sign a public-private partnership agreement this year. Finance Secretary Benjamin Diokno added that 80 major airport upgrades will be completed by the end of 2023, and that the government plans to privatize the management of airports, including those in Legazpi, Laguindingan, and Iloilo. President Ferdinand Marcos Jr.’s economic team has been pushing for greater private sector involvement in projects.

The government of the Philippines is planning to partner with the private sector to improve and manage the Ninoy Aquino International Airport (NAIA), the main gateway in Metro Manila. National Economic and Development Authority Secretary Arsenio Balisacan announced during the Philippine Economic briefing in the US that the government plans to sign a public-private partnership for the operation and maintenance of NAIA within the year. Several expressions of interest from private groups have already been received, and the government is waiting for the submission of the project proponents for the proposal. Finance Secretary Benjamin Diokno said that the private sector could also help in improving the aviation infrastructure in the country. Around 80 major airport upgrade projects are expected to complete by the end of the year. Marcos Jr.’s economic team is pushing more private sector involvement in the country’s development.