The incoming Marcos administration may consider closing down the Naia and then selling the vast tract of land it sits on to raise more government revenues, President Rodrigo Duterte’s chief economic manager said. | bendeveraINQ /PDI
Asked if the next administration may consider Naia giving way to new and bigger airports in Clark and Bulacan, then selling the property, Dominguez replied: “That is a definite possibility.”
Dominguez noted that Clark’s airport, for instance, was already “too far” from Metro Manila. “You have to tie it up also with the development of the North-South railway” connecting central and southern Luzon, he added.In 2020, tycoon Ramon S. Ang, who’s bankrolling the massive “airport city” in Bulacan, told the Inquirer that he sees the closure of Naia after 10 years and the land on which it sits being sold to raise trillions of pesos to pay off government debts.
The contribution of privatization to government fund-raising had been dwindling — first-quarter proceeds declined to P8.1 million from P8.2 million a year ago. The government wanted to raise P500 million from privatization yearly, but last year’s revenues fell to a record-low P320.9 million.
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