Kingdom of the Netherlands Ambassador to the Philippines Marielle Geraedts said the 1,700 hectares of land being developed is worth 1.5 billion euros, making it the largest project of the 114-year old company.
The Dutch government, through its Atradius DSB, has extended an export credit insurance to Royal Boskalis Westminster to cover the amount for land development of the project.
“The land development was designed according to the highest technical and environmental standards to withstand potential sea level rise in the future, frequent typhoons and strong earthquakes,” the envoy pressed.
Once completed, NMIA will have a world-class terminal and four parallel runways.
It will also have a modern infrastructure network including the North Access Link Expressway and the extension of MRT 7 from San Jose Del Monte City to Bulakan town. (CLJD/SFV-PIA 3)
Kingdom of the Netherlands Ambassador to the Philippines Marielle Geraedts says the 1,700 hectares of land being developed by Dutch dredging and heavy-lift company Royal Boskalis Westminster in the New Manila International Airport project in Bulacan is worth 1.5 billion euros, making it the largest project of the 114-year old company. (Shane F. Velasco/PIA 3)