An advocacy group raised alarm over the speedy approval and impacts of the privatization deal for the redevelopment of NAIA, calling out for a congressional inquiry into the Public-Private Partnership deal between the government and the San Miguel Corp.

The Political Officers League of the Philippines led by its Chairman Ric Serrano is urging for the suspension of lease rate and fee hikes imposed by the SMC-led New NAIA Infrastructure Corp.

The group flagged the nine-month contract approval described as one of the fastest contract awards in the country’s history, citing concerns on transparency, due diligence, and public accountability. 

“While the government boasts of P170 billion in private investment and a promised Php 1 trillion in revenue over 25 years, Filipino travelers, small businesses, and workers are already paying the price,” POLPhil said in a statement. 

According to POLPhil, following the signing of contract early this year, parking fees at NAIA reportedly rose from P300 to P1,200 overnight. 

Lease rates for airport tenants were also said to have increased by as much as 1,000 percent.

The group warned that the hikes may affect Filipino travelers, small business, job losses, and higher prices for consumers.