The Philippines is a country that depends highly on the tourism sector. According to PSA, the share of Tourism to GDP in 2019 is at 12.7% or Php 2.48 Trillion with the inbound tourism expenditure (non-resident visitors) growth at 23.2% amounting to Php 548.76 Billion and domestic tourism expenditure (resident visitors) growth at 10.4% amounting to Php 3.14 Trillion. Employment in the tourism industry was estimated at 5.71 Million
Airport transportation is the backbone of Philippine Tourism. Aside from it connecting cities and countries, it also plays a vital role in facilitating the flow of goods, people, and investments which if done efficiently would result in a maximum contribution to consumers and would greatly impact the economy by generating a long-term flow of GDP. Unfortunately, the premier gateway of the country, the Ninoy Aquino International Airport has been dubbed as the “world’s worst airport”. It is designed to accommodate 35 million passengers on an annual basis. However, in 2018, it accommodated 45.3 million passengers. By 2037, passengers projected is around 66.5 million. Should this demand be met, it would support approximately US $28 billion of GDP and would create around 1.8 million jobs. This is what we will lose should the government fail to act on this decade-long issue.
In its effort to improve the overall situation of the economy, the New Manila International Airport is part of the Duterte Government’s flagship list of projects under the “Build, Build, Build” program. It is positioned as the new gateway and envisioned as an aerotropolis – a new airport-driven, smart, sustainable, livable, and gateway city. Last December 20, 2020, House Bill 7507 passed into law as Republic Act No. 11506 – an act that grants San Miguel Aerocity Inc. a 50-year franchise to construct, develop, establish, operate and maintain the New Manila International Airport in Bulacan, Province of Bulacan. This aims to cater to travelers from northern and Central Luzon. This master-planned 2,500-hectare aerocity is located 1 hour away from Clark International Airport in Pampanga. It will have four (4) runways, eight (8) taxiways, and three (3) passenger terminals for domestic and international flights, which should cater to up to 200 million passengers yearly. This aims to decongest the Ninoy Aquino International Airport once operational in a few years. Land development is projected to be completed in 2024 and is targeted to be running by 2025. A 200-megawatt solar farm will also be constructed to help power the new airport and an eight (8) kilometer airport toll road that will connect the airport to NLEX and the Skyway Stage 3 to the SLEX.
How will New Manila International Airport affect the Philippine economy?
The construction of New Manila International Airport will be pivotal as it will pave the way for creating new businesses and attract investors in northern and central Luzon and will help in delivering millions of jobs for Filipinos. The creation of more jobs will help in encouraging Filipinos to go back to their provinces – which is also part of the government’s program – the Balik Probinsya Program. The program is a government initiative that supports equity in resources and opportunities for those who live in Metro Manila as well as those in the province. Two of the most compelling reason to consider in going back to the province is the lower cost of living and the opportunity to avail affordable house and lot.
Provinces that will be served by the New Manila International Airport are Bulacan, Pampanga, and northern parts of the National Capital Region (NCR). These provinces already have lots of real estate developers offering affordable house and lot through Pag-Ibig housing loan. House and lot for sale in these areas usually range from P450,000 to P2,000,000 pesos. Bria Homes, Inc – one of the national players in housing developments is already present in these provinces offering various selections of affordable house and lot. Among which are the products to choose from: row house, townhouse, duplex, and single firewalls.
Bria projects are strategically located in developing areas near PEZA’s, government infrastructure developments, transportation, and tourism hubs. Homeowners have easy access to supermarkets, shopping malls, schools, churches, and hospitals.
If you’re looking for affordable house and lot in these locations, Bria Homes is present in the following areas:
- San Jose Del Monte, Bulacan – Bria Homes San Jose Del Monte; 20 minutes away from MRT7 Tungkong-Mangga Station
- Norzagaray, Bulacan – Bria Homes Norzagaray; 10 minutes away from North Luzon East Expressway’s Bigte toll gate plaza
- Plaridel, Bulacan – Bria Homes Plaridel; 10 minutes away from Malolos Station of North-South Commuter Railway
- San Fernando, Pampanga – Bria Homes San Fernando; 5 minutes away from Mexico Exit of North Luzon Expressway
- Magalang, Pampanga – Bria Homes Magalang; 10 minutes away from Sta. Ines Toll Plaza of North Luzon Expressway
Bria homes not only offers affordable house and lot to its buyers, but it also establishes township projects that enable communities to thrive. One of Bria’s innovative development to offer quality living to its homeowner is SENTRO – the first branded open space of Bria Homes Inc. It houses a one-stop community center that contains facilities catering to the essential needs of our homeowners. It also offers free Wi-Fi access for all BRIA homeowners and 24-hours CCTV Cameras for security.
BRIA Homes currently have more than 50 projects across progressive towns and cities nationwide, empowering Filipinos to live in affordable but high-quality homes through its effective formula: Affordability (Mura) + Quality (Dekalidad) = A Beautiful BRIA Home for Every Filipino.
BRIA Homes is a subsidiary of GOLDEN MV Holdings, Inc., .one of the largest real estate companies in the country. BRIA Homes is primed to bring quality and affordable house and lot packages and condominium units closer to ordinary Filipino families. This is the goal that drives every single employee in the company, for which the ultimate fulfillment is seeing a client happily moving into BRIA’s homes.
To know more, visit their website at www.bria.com.ph, like and follow “Bria Homes, Inc.” on Facebook, Twitter, Instagram, YouTube, Pinterest, Spotify, Viber Community, Telegram Channel, Kakao Talk, LINE and WhatsApp, or call 0939-887-9637.
Written by Cathy Cabelin