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The airport authority has withdrawn Original Proponent Status from Megawide and its foreign partner.
On Tuesday, the Manila International Airport Authority (MIAA) withdrew Megawide Construction Corp. and its foreign partner’s Original Proponent Status (OPS) for the rehabilitation of the Ninoy Aquino International Airport. The news was relayed to Megawide’s representative Manuel Ferrer through a letter signed ...
 
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The coronavirus pandemic changed everything.
There is a possibility that the “superconsortium” made up of some of the country’s biggest conglomerates may drop its much-publicized proposal to rehabilitate the Ninoy Aquino International Airport. In a statement issued by the participating conglomerateson Tuesday, July 7, the superconsortium said it ...
 
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No reason was given, but tax reasons a concern for the group.
Manny Pangilinan-led Metro Pacific Investments Corp. (MPIC) has signified its intention to withdraw from the “superconsortium” of seven conglomerates that have come together to rehabilitate the Ninoy Aquino International Airport.In a disclosure to the Philippine Stock Exchange, MPIC said it has already ...
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