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In a gathering led by His Excellency Ferdinand R. Marcos Jr., the signing of the Ninoy Aquino International Airport (NAIA) public-private partnership concession agreement was held. This event marked the official start of the airport's modernization program. Transportation Secretary Jaime Bautista delivered opening remarks highlighting the significance of this project, emphasizing the collaboration between the Department of Transportation, the Manila International Airport Authority, and the NAA Infra Corporation. The agreement signifies the completion of a selection process for a qualified concessionaire tasked with rehabilitating, operating, expanding, and modernizing NAIA, aiming to enhance the country’s main gateway.