NEDA Board clears ₱12.75-billion Laguindingan Airport upgrade Project

21 July 2023

Philippine President Ferdinand R. Marcos Jr. has approved on Wednesday th12.75-billion Laguindingan Airport Upgrade project.

In a Malacañang press briefing, Neda Director General Arsenio M. Balisacan announced the Board gave the go-ahead for the unsolicited proposal to upgrade, expand, operate, and maintain the Laguindingan Airport.

Balisacan said the project calls for the immediate rehabilitation of the existing terminal, and construction of a bigger terminal annex together with support facilities for 3 more aerobridges to handle seven million passengers per annum (phases 2 and 3), construction of 400 meters runway extension, parallel taxiways, and apron expansion, for a concession period of 35 years.

NEDA expects the winning bidder for the 
12.75-billion PPP project to be announced within the year.

2 comments:

  1. Dapat 3km above ang runway para maka landing and Airbus 330/350 ug

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