The Philippine government and Takenaka Corp. are close to agreeing on a "best price" for 23 airport services that the Japanese company can provide at Ninoy Aquino International Airport, Transportation Secretary Mar Roxas told reporters Monday in Manila.
The government will bid out the services if talks with Takenaka fail, Roxas said. The government is ready to pay the builder of the airport's Terminal 3 in Manila after a local court set "just compensation" at $175 million, Roxas said, adding the builder had appealed the decision.
The government also plans to start inviting bidders by April for the extension of the Light Railway Transit to the south of the capital estimated to cost 30 billion pesos to 35 billion pesos, he said.