San Miguel Corp. (SMC) said the New Manila International Airport’s (NMIA) first runway will be available by the second quarter of 2028.
SMC Chairman and CEO Ramon S. Ang also said during the company’s stockholders’ meeting that its logistics center may be completed by the end of the year.
‘The logistics center, which requires about 7 million (cubic meters) of sand, which was supposed to be finished by 2025, but now I think we’ll be able to finish it by the end of 2026,’ Ang said. ‘But at least the first runway can operate in 2028.’
NMIA in Bulakan, Bulacan sits on a 2,500-hectare of coastal site and is aimed at decongesting the Ninoy Aquino International Airport, still the country’s main gateway despite its state.
San Miguel also won the bid to rehabilitate the airport.
The Bulacan airport, worth about P735 billion, is slated to begin phase 1 operations in late 2028.
The phase 1 of the project will handle up to 35 million passengers annually. Once fully completed, it is designed to scale up to 100 million passengers per year.
The airport will feature four parallel runways allowing for simultaneous aircraft operations. It includes a passenger terminal with over 1.2 million square meters, and a dedicated cargo terminal.
‘For more than 135 years, generations of San Miguel employees have worked hard and kept their faith in what this company and our country can achieve. We have seen difficult years before, and still we keep building, because San Miguel was built for times like these,’ Ang said.