Business News

SAN MIGUEL bags 50-year Bulacan airport franchise

Congress has granted San Miguel Aerocity Inc. a 50-year franchise to construct domestic and international airports in the Municipality of Bulakan, Bulacan

 The New Manila International Airport (NMIA) is ecpected to decongest the Ninoy International Airport (NAIA) and elevate both the passenger experience, while maximizing the country’s revenue potential.

The franchise measure was passed by the House of Representatives last September and amended by the Senate in October.

The bill granting San Miguel Aerocity Inc. the 50-year franchise , registered as Republic Act No. 11506, lapsed into law on Dec. 20, 2020.Read More

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