San Miguel to propose $10-B Manila airport

Reuters
Posted at 03/25/2014 9:24 AM | Updated as of 03/25/2014 9:27 AM
MANILA - San Miguel Corp, the Philippines' most diversified conglomerate, is planning to present a proposal to the government soon for a new $10 billion airport in the capital, its president said on Tuesday.

Ramon Ang confirmed a Nikkei report that the company was set to present its plan for an alternative international airport in Manila next month. He confirmed the report in a text message to Reuters.

The group, which also owns a portion of flag carrier Philippine Airlines, announced last year its intention to build a new facility to replace the ageing airport currently in used. It delayed the plan pending questions on state policy on airline companies operating airports.
San Miguel to propose $10-B Manila airport | ABS-CBN News

totoo kaya ito?
o kayabangan na naman ni RA?