By Ma. Elisa Osorio
The government is expected to open the bidding for construction of the P10.6-billion Ninoy Aquino International Airport (NAIA) Expressway Phase II this year under the Public-Private Partnership (PPP) scheme.
A ranking government official, who requested anonymity, said over the weekend that the detailed engineering for the project is nearing completion.
The official said the expressway, the first to be opened for bidding under the PPP scheme, is a priority infrastructure project of the administration.
Projects under the PPP scheme are entitled to tax incentives as stipulated in the 2011 Investments Priorities Plan.
The expressway project is a component of the Metro Manila Urban Expressway System and the Manila International Airport Access Improvement Project.
A feasibility report prepared by professional service firm Ernst & Young showed that government subsidies and higher toll rates are needed to attract more bidders for the project.
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