SEVEN Philippine conglomerates said on Tuesday that they have formally submitted to the Department of Transportation a proposal to transform the Ninoy Aquino International Airport (NAIA) into a regional hub at a cost of up to P350 billion.
The seven conglomerates are Aboitiz InfraCapital Inc, AC Infrastructure Holdings Corporation, Alliance Global Group Inc, Asia's Emerging Dragon Corp, Filinvest Development Corporation, JG Summit Holdings Inc, and Metro Pacific Investments Corporation.
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