Naia privatization gains support from foreign investors group

MANILA – The call to privatize Ninoy Aquino International Airport (Naia) has gained support from another trade group. The Foreign Buyers Association of the Philippines (Fobap) expressed concerns about the recent airport mishaps causing hesitation among foreign clients to do business with local exporters. Fobap President Robert Young emphasized the need to improve Naia’s infrastructure and management through privatization. Young also highlighted the importance of further commercialization of the airport. The Philippine Chamber of Commerce and Industry and the Management Association of the Philippines have also called for the privatization of Naia.

-CSN

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