MIAA, September 01, 2009

[ MIAA, September 01, 2009 ]

NOTICE OF NEW RENTAL RATES

Pursuant to Executive Order No. 903, as amended, Batas Pambansa Blg. 325 and MIAA Board Resolution No. 2008-022, the Manila International Airport Authority hereby serves notice of new rental rates, as approved by the DOTC Secretary and Cabinet, for certain MIAA-owned lands and buildings located within the Ninoy Aquino International Airport Complex as follows:

Location/Category

Rate/sq.m/month

1. General Aviation Area

A. Land

A.1 Developed P47.31/sq.m

A.2 Undeveloped 31.54/sq.m

B. Hangar

B.1 Office 90. 11/sq.m

B.2 Hangar Proper 33.79/sq.m

2. Other Areas

A. Land

A.1 Developed 78.85/sq.m

A.2 Undeveloped 67.58/sq.m

B. Building

B.1 Steel/Concrete 90. 11/sq.m

B.2 Wooden/Light 78.85/sq.m

C. International Cargo Terminal

C.1 Ground Floor

- Airlines P300.00/sq.m

- Commercial 400.00/sq.m

- Storage 150.00/sq.m

C.2 Mezzanine

- Airlines 400.00/sq.m

- Commercial 400.00/sq.m

The new rental rates shall take effect on 01 September 2009.

(SGD.) ALFONSO G. CUSI

General Manager/Director General