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Friday, October 4, 2024

NAIA modernization privatization on track

It is more fun criticizing

The NAIA modernization turn over to SMC is on track.   SMC paid the up front P30 b fee for the take over.   All ready the visible sign of the take over is the increase of parking fee, especially  the overnight parking fee.  Some observation:

    1.  Netizens have remarked that this is a case vs privatization -  fees go up as in toll fees for rexpressway.   The terminal fee are expectted to go up as well.

    2.  The parking lots are noticeably empty because of increased fees.

   3.  ADB, Sec Jaime Bautista SMC have been called out for the sudden quantum jump in fees.

Is the privatization of the terminal beneficial for many?  Is it good for all?  Is in in accordance with the announced mission of SMC

Businesses are not primarily for profit but for the good of many, as service to many