Insider Spotlight
SMC targets the first runway by end-2028, with another added yearly toward full completion in 2032, depending on demand.
Capacity could grow from 35 million passengers with one runway to over 100 million when all four are operational.
The airport is expected to ease pressure on NAIA, attract more foreign tourists and support up to 250,000 jobs at peak construction.
“The first runway could be ready toward the end of 2028, followed by the second runway in 2029,” SMC chair and CEO Ramon S. Ang said during a media briefing on Tuesday.
Ang said SMC, the corporate giant whose businesses include food, drinks, energy and infrastructure, could add another runway each year until the four-runway airport is completed around 2032, although the pace will depend on passenger demand.
The New Manila International Airport is the centerpiece of the P740-billion Bulacan aerotropolis, widely considered the largest private-sector investment in Philippine history.
Capacity beyond NAIA
Ang said one runway could handle 35 million passengers annually, with capacity rising to 70 million with two runways.
The Bulacan airport is being positioned as Metro Manila’s eventual main gateway, while an SMC-led consortium already operates and is rehabilitating the Ninoy Aquino International Airport.
The project is being developed under a build-operate-transfer arrangement and will eventually be turned over to the government.
‘Ordinary soil cannot be used’
‘Millions of foreign tourists’
Ang has long advocated the Bulacan airport as a larger, modern gateway that could ease pressure on NAIA, attract more foreign tourists and create jobs. NAIA was designed to handle 35 million passengers annually but now serves more than 50 million as demand continues to grow.
“We plan to bring in millions of foreign tourists,” Ang said, projecting that 50 million visitors could support between 50 million and 100 million jobs across tourism and related industries.
“At the peak of airport construction, it will employ at least 250,000 people,” he added, including contractors and material suppliers.
—Edited by Miguel R. Camus