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MANILA, Philippines – San Miguel Corp. (SMC) said the first runway of its massive New Manila International Airport (NMIA) project in Bulacan could be completed ahead of schedule, although parts of the development, including the passenger terminal and logistics center, may take longer to finish.

Speaking during the company’s annual stockholders’ meeting on Tuesday, SMC chair and CEO Ramon Ang said construction of the airport’s first runway remains on track for 2028 and could even be delivered earlier than initially planned.

READ: SMC ‘aeropolis’ in Bulacan seen gaining ground

“We are on track to finish the first runway for 2028. In fact, it can even be earlier,” Ang said.