Sangley Airport Development Poised for P500 Billion Economic Impact: DTI
The Philippine Department of Trade and Industry (DTI) announced that the planned Sangley Point International Airport (SPIA) development in Cavite is projected to generate P150 billion in direct investments and an indirect economic impact of P500 billion. Indian infrastructure firm GMR Group has expressed renewed interest, while collaboration with India on digital payment infrastructure modernization is also progressing.
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