Insider Spotlight
The P78 billion, recorded as of Aug. 15, 2026, covers the concession's P30-billion upfront payment, the fixed P2-billion annual payment, and the government's 82.16 percent share of gross airport revenues.
NNIC took over NAIA's operations and maintenance on Sept. 14, 2024, under a 15-year concession while the airport remains government-owned.
Why it matters
The figures highlight how the PPP arrangement is delivering both recurring government revenues and private-sector investment aimed at improving the country's busiest international gateway without interrupting airport operations.
“This is what the concession was designed to do: generate substantial and continuing revenues for government that can help support public services and infrastructure, while bringing in private sector resources to improve the airport,” NNIC president Ramon Ang said in a statement on Thursday, Aug. 27, 2026.
“We have made significant progress in less than two years, but there is still a lot more work ahead. Our investments will continue as we modernize NAIA while keeping the airport fully operational,” he added.
NNIC said the P6.8 billion investment has funded completed and ongoing projects, including expanded terminal curbsides, automated parking systems, upgraded baggage handling equipment, improved Wi-Fi capacity, rehabilitated power and air-conditioning systems, and flood mitigation works.
The company has also deployed more than 2,500 baggage trolleys, 11,820 passenger seats, 20 inter-terminal shuttle buses, and 517 biometric-enabled passenger processing units across the airport.
The big picture
The operator is also replacing aging passenger boarding bridges, constructing a Ground Transportation Center at Terminal 3, expanding food and retail offerings, and installing 78 biometric immigration e-gates operated by the Bureau of Immigration.
Additional operational changes include airline terminal reassignments and new performance agreements with airlines and ground service providers.
NNIC said the modernization program has enabled NAIA to accommodate traffic beyond its original annual design capacity of about 35 million passengers.
The airport served a record 52.02 million passengers in 2025 while maintaining stable operations and achieved an Airport Customer Experience Accreditation from Airports Council International, alongside a passenger satisfaction score of 4.06 out of 5 under the concession's performance standards. — Daxim L. Lucas | Ed: Corrie S. Narisma