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Concessio Registry · Verified · PH-10-B-000005-6 · Airport · Philippines

New Manila International Airport phase 1

San Miguel Corporation (SMC) · Build-Operate-Transfer · Philippines
Last verified 28 Jul 2026
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Registry entry · Verified Grantor on file: — Canonical ID: PH10B0000056
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Overview
Total investment
US$2,170m
World Bank PPI, cumulative
Contract period
50 years
World Bank PPI
Deep Scan
Investment ThesisLocked
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New Manila International Airport phase 1 is a Build-Operate-Transfer airport concession in the Philippines — operated by San Miguel Corporation (SMC).
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Public Registry Fields
General Information
15 fields · free public lookup
Canonical ID
PH10B0000056
Display format
PH-10-B-000005-6
Country
Philippines (PH)
Sector
Airport (10)
Family
Transport
Structure
BOT (B) · Build-Operate-Transfer
Grantor
Operator
San Miguel Corporation (SMC)
Term start
Contract end
Financial close
2022 (World Bank PPI)
Contract period
50 years
Total investment
US$2,170m
PPI structure
Build, operate, and transfer
Granting government
Federal (tier)
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Contract Economics
Financial Terms & ClausesLocked
standard term set
TermValuePrice basePeriodAs of
Charges / tariff regulation
Concession fee / revenue share
Investment obligations
Termination compensation
Handback provisions
Locked rows show the standard Airport concession term set tracked by Concessio; extracted values render as they are verified against primary sources. Full clause text and citations are available in the app.
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Sector-Benchmarked
Operating KPIsLocked
2 metrics benchmarked
MetricLatestPeriodSector percentileCoverage
Concession period (years) 50
90th
registry
Total investment US$2,170m cumulative
90th
World Bank PPI · public
Annual passengers
Percentile bars show this concession's position against Airport benchmark cohorts in the registry (largest cohort n=814). Interquartile band shaded. Locked rows show the standard KPI set for this asset class — series and percentile placement unlock in the app.
Counterparties
Parties & ContactsPartial
1 public · more in the full profile
Operator / SPV
San Miguel Corporation (SMC)
Company No.
In the full profile
Sponsors / equity holders
Senior lenders
O&M contractor
Financial adviser
Legal adviser
Diligence Signals
Risk & CounterpartyLocked
3 signal groups
Diligence signals
Grantor election exposure
Disputes & precedent
The full risk register covers counterparty credit, political cycle, regulatory determinations and dispute history for concessions in this class.
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Transparency
Data & Sources
How this entry is verified
Reconciled against the World Bank PPI Database. View ppi.worldbank.org →
How Concessio sources data
Records are extracted from primary public sources — regulatory filings, government disclosures and official registries — and cross-checked before entering the platform. Every published datum carries its source citation in the app.
Coverage on this concession
Registry fields15 · public
Sector Snapshot
Airport
1,141 concessions on file
Country Snapshot
Philippines
226 concessions on file
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