Business Times
Rachel Ranosa-Joshi
22 September 2026

A multibillion-dollar megaproject rising on a former US naval facility south of Manila is at the centre of the Philippines’ campaign to attract Indian investments to upgrade its ageing aviation network and boost India-Asean connectivity.

The US$11 billion Sangley Point International Airport (SPIA) development is a flagship of President Ferdinand Marcos Jr’s “Build Better More” infrastructure campaign.

In a recent meeting with business leaders during his visit to New Delhi for the Brics Summit, Marcos doubled down on the “aero-city” project, which he said will deepen capital commitments in infrastructure, aviation and digital services...

Manila seeks Indian private capital for $11 billion Sangley Point airport plan - The Business Times - 22 September 2026

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