SMC: New international airport to boost tourism, improve quality of life

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Metro Manila (CNN Philippines, August 15) -- Diversified conglomerate San Miguel Corporation (SMC) is eager to start on the New Manila International Airport.

The airport will be constructed on a 2,500 hectare property in Bulakan, Bulacan, and will cost around ₱734-billion. With no other companies vying for the project, the Department of Transportation (DoTr) awarded it to SMC Wednesday.

"We’re very happy with this development, and we are truly grateful to President Duterte, the DOTr, and all government agencies who worked together to review this proposal, and saw its numerous and clear benefits," SMC president and COO Ramon Ang said in a statement.

LOOK: San Miguel gives a sneak peek into proposed Bulacan airport 

The planned international airport can accommodate up to 100 million passengers yearly, and is expected to decongest air traffic at the Ninoy Aquino International Airport in Pasay City.

Ang also said that it will boost the economy, not only of Bulacan, but the country as a whole. 

"This project will generate over a million direct and indirect jobs, improving the quality of life of many families and giving rise to small industries in Bulacan and neighboring provinces, that will support its workers. Over and above that, once complete, this new international gateway will help in significantly boosting tourism—leading to millions more new jobs across many industries all over the country," Ang said.

SMC has partnered with international corporations to deliver a world-class that is at par with Singapore's Changi Airport, the US' Atlanta Airport, and France's Charles de Gaulle Airport

READ: SMC partners with international firms to build Bulacan airport