Covid-19's impact on the aviation industry has caused delays for a $2 billion project to expand the airport in Manila, prompting the government to re-visit the terms of the public-private partnership agreement with the consortium behind the project, Nikkei reports.
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In the wake of the COVID-19 pandemic, airlines throughout Asia are shifting from passenger to cargo flights and increasing exports from China, one of world's first economies to begin re-opening, to offset their losses, Nikkei reports.
The Scheduled Airlines Association of Japan has requested $18 billion in aid from the government due to decreased demand as a result of COVID-19, Nikkei reports.
China is constructing three new airports in Cambodia as part of a $2 billion investment under the Belt and Road Initiative, Nikkei reports.
Philippine Navy officials are trying to block Chinese involvement in the construction of a strategically located airport after a consortium led by the state-owned China Communications Construction Company was the sole bidder for the project, Nikkei reports.
Sri Lanka's Jaffna International Airport, which opened in October, received about $1.7 million in funding from India's Government, signaling that Sri Lanka's current administration is looking to countries other than China for infrastructure development assistance, Nikkei reports.
In preparations to double airport capacity, Thailand plans to build a 220-km high-speed railway connecting three major airports by 2023.
India plans to build up to 100 more airports to accommodate one billion passengers by 2035, and the government will count on private financing to cover most of the $60 billion cost.