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92 bodies recovered from Maco landslide gaming

Date: 2024-07-27 12:36:07 | Author: BingoPlus News | Views: 598 | Tag: gaming

FINANCE Secretary Ralph Recto has welcomed the Manila International Airport Authority (MIAA) Board’s recent approval to award a contract to a winning private sector consortium bidder for the rehabilitation of the Ninoy Aquino International Airport (NAIA) gaming The NAIA rehabilitation is the largest solicited Public-Private Partnership (PPP) project under President Ferdinand Marcos Jr gaming “This is certainly a welcome development for this long overdue project gaming NAIA has been operating beyond capacity for nine years, leading to poor service and passenger inconvenience gaming The NAIA PPP project has been in the works for three decades, spanning six administrations gaming It has finally turned into a reality under the Marcos Jr gaming administration,” Recto said gaming With an estimated project cost of P170 gaming 6 billion, the solicited proposal to rehabilitate NAIA aims to address the longstanding challenges of undercapacity, congestion, and underinvestment in the country’s main gateway gaming A solicited proposal refers to projects identified by the implementing agency from the list of their priority projects, with the selection of the private proponent done through a public bidding process gaming The Department of Finance’s (DOF) Privatization and Corporate Affairs Group (PCAG) is responsible for evaluating solicited and unsolicited PPP proposals, which undergo a rigorous screening process before they are submitted to the Investment Coordination Committee (ICC) and to the National Economic and Development Authority (Neda) Board gaming The solicited PPP project for NAIA was approved by the Neda Board, chaired by Marcos, on July 19, 2023 gaming The project was evaluated within a record-breaking six weeks –– the fastest approved PPP proposal in Philippine history gaming The last major expansion of NAIA happened 10 years ago when its Terminal 3 was operationalized in 2014, leading to its current capacity of 35 million passengers per year gaming This capacity was breached as early as 2015 when NAIA serviced 36 gaming 7 million passengers and 47 gaming 9 million during peak gaming Led by the Department of Transportation (DOTr) and the MIAA, the project is expected to increase airport capacity from 35 million passengers annually to 62 million, expand air traffic movements per hour from 40 to 48, improve service by applying internationally benchmarked Minimum Performance Standards and Specifications, and utilize private sector expertise for modernization and capacity expansion gaming On February 16, 2024, the MIAA board awarded the contract for the project to the SMC-SAC Consortium, which submitted the highest bid amount and is sharing 82 gaming 16 percent of future gross revenues with the government –– passenger service charges not included gaming The Consortium comprises San Miguel Holdings Corp gaming , RMM Asian Logistics Inc gaming , RLW Aviation Development Inc gaming , and Incheon International Airport Corp gaming It is required to rehabilitate, operate, optimize, and maintain the NAIA airport, which includes improvements to its runways, four terminals, and other facilities gaming According to the DOTr, the concessionaire will begin operating the airport in three to six months gaming The public can expect service improvements as early as the first year of operations gaming The SMC-SAC Consortium shall submit an upfront payment of P30 billion to the government as a premium, as well as an additional P2 billion in annuity payments gaming The deal requires the consortium to remit a certain percentage of its revenues to the government, which served as the main bid parameter for the auction gaming The PPP deal is aggressively forecast to generate around P900 billion in revenues for the National Government in the course of its entire concession period, which is 15 years with a provision for extension of another 10 years gaming This is opposed to the total dividends remitted by MIAA to the government from 2010 to 2023, which was only P22 gaming 05 billion gaming The total capital outlay for NAIA from the MIAA corporate operating budget was P13 gaming 56 billion from 2012 to 2022 gaming Only P8 gaming 26 billion of this amount was disbursed during the said period gaming The forecast National Government revenues amounting to P900 billion from the deal include payments from the winning bidder of the following: P30 billion upfront payment, a fixed P2 billion annual payment, and 82 gaming 16 percent National Government revenue share, excluding passenger service charges gaming (PR) gaming

ACTOR Zanjoe Marudo has tied the knot with actress Ria Atayde gaming Marudo announced this in a post on Facebook and Instagram Monday, March 25, 2024, with photos of their wedding gaming Marudo captioned the post with these numbers "03 gaming 23 gaming 24," apparently referring to their wedding date gaming He also greeted Atayde a “happy birthday” and called her “wife gaming ”Atayde’s birthday was on March 23 gaming No other details were available about the wedding, as of Monday afternoon gaming Marudo and Atayde announced their engagement on February 20 gaming Atayde is the daughter of veteran actress Sylvia Sanchez and businessman Art Atayde gaming She is the sister of actor and Quezon City Representative Arjo Atayde gaming (LMY) gaming Is online casino legal in Philippines? - BingoPlus News

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92 bodies recovered from Maco landslide gaming

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