5 January 2024
The Government of the Philippines has allocated ₱7.5 billion for the completion, modernization, and expansion of different airports across the country.
Airport improvement projects includes acquisition, installation, and upgrades of navigational facilities, and acquisition of navigational equipment.
The funding allocation of these projects will be taken from the proceeds of the 15 years Operations and Maintenance (O&M Contract) of Ninoy Aquino International Airport, to be awarded this month.
According to Makati City Rep. Luis Campos Jr. said about 22 airports would receive fresh funding under the national government’s 2024 Aviation Transport Infrastructure Program.
“The new funding allocations per airport are itemized in the 2024 General Appropriations Law,” Campos said.
Other airport projects submitted by DOTr failed to secure approval from legislators. They are New Dumaguete Airport Development Project (₱500 million); and the New Bohol Airport Construction and Sustainable Environment Protection Projects (NBACSEPP), ₱97 million. In bicameral meeting last September, Congress argued that funding for these projects will be source from Official Development Assistance (ODA) from Korea.
All other airport projects covered by Public-Private Partnerships (PPP) are excluded.
