MANILA - Philippine Airlines proposed to build a new P20-billion passenger terminal at the Ninoy Aquino International Airport to help decongest the country's main gateway, its president said Wednesday.

The planned 89,000 square meter terminal can handle up to 15 million passengers yearly and accommodate 12 wide-bodied jets. The proposed site is the former Nayong Pilipino park owned by the state gaming regulator, said PAL president Jaime Bautista.

If approved by the Department of Transportation, PAL said it hoped to finish the new terminal by 2020. It will also include a cargo terminal, multi-level parking for 1,000 vehicles and ground service facilities.

Manila International Airport Authority General Manager Ed Monreal reminded PAL of the legal issues surrounding the proposed site. -- with a report from Jacque Manabat, ABS-CBN News