Opens Gate on May 4
3 May 2017
3 May 2017
Terminal Opening
Domestic Pre Departure (RIGHT: allocated seats for 2 million passengers per annum; LEFT: Future allocation for 3 million passengers)
Showing posts with label Puerto Princesa International Airport. Show all posts
Showing posts with label Puerto Princesa International Airport. Show all posts
PPS Grand Terminal Inaugurated
Terminal Opening
PPS Terminal Opens May 3
26 April 2017
 |
| The Transport Department (DOTr) will inaugurate the new Puerto Princesa International Airport Terminal Project on May 3, 2017. The new $185 million Korean Export Import Bank (KEXIM) funded passenger terminal building (PTB) with ICQ facility was designed to accommodate 1.9 million passengers annually but could handle up to 5 million per annum. It has a floor area of 13,000 square meter as compared to the existing terminal with 2,400 sqm of floor space. Construction started August of 2014. The airport expansion project costs $102.56 million while its PTB design and build contract, awarded to Korean group Kumho Industrial Co. Ltd.-GS Engineering and Construction joint venture, was worth $82.9 million, according to the Department of Transport (DOTr). Development cost includes the construction of a new passenger, cargo, ARFF, control tower, admin, engineering and other support buildings, runway and strip upgrade, new apron and taxiways and provision for new navigation facilities designed for eventual expansion the international airport’s capacity with use of heavy aircraft to address growing air traffic consistent with International Civil Aviation Organization (ICAO) standards on airside infrastructures. Puerto Princesa International Airport is one of the gateway airports for the Philippines that handled 1,644,003 passengers in 2016. It also handles 1.2 million tourists in 2016. |
PPS Builds New Terminal
Kumho-GS wins bid
21 May 2014
21 May 2014
 |
| Department of Transportation and Communications (DOTC) has unveiled
on Tuesday the new US$82.9 million terminal building with capacity for 2
million passengers in Puerto Princesa Airport, scheduled to open in
March 2017. Construction of this projcet was funded through the Korean Export Import Bank (KEXIM) loan amounting to $71.6 million while the rest is funded by the Government of the Philippines (GOP). The loan is payable in 40 years, inclusive of a 10-and-a-half-year grace period, at an interest rate of 0.1 percent a year. Bidding for the project was limited to South Korean companies in accordance with the Guidelines set for Procurement of Korea’s Economic Development Cooperation Fund (EDCF), and was awarded to Kumho Industrial Co. Ltd.-GS Engineering and Construction joint venture (Kumho-GS), which is set to start work on a new passenger and cargo building, apron, taxiways and navigation facilities by the end of this year. In 2013, Puerto Princesa Airport registered 1.34 million travelers against the 350,000 passenger capacity terminal building. |
PPS New Terminal to rise
As Gov't approves $71.6 Million PPS Airport Project
September 13, 2012
The government of the Philippines through Finance Secretary Cesar V. Purisima has signed an agreement with South Korea represented by Chairman and President Yong Hwan Kim of Korea's Export-Import Bank for a $71.6-million loan to construct the
new Puerto Princesa airport terminal project under Seoul’s Economic Development Cooperation Fund
(EDCF) as Public-Private Partnership (PPP)
projects falters in favor of the ODA financing recommended by Transport Secretary Mar Roxas. (Read our 2009 Story)
Puerto Princesa airport will have its runway expanded and new taxiway developed for the construction of a new and bigger passenger terminal building with
gate facilities under the official development assistance (ODA), worth 3.3 billion pesos. The Government of the Philippines will shoulder the remaining 1 Billion Pesos as counterpart funds to be sourced in the GAA for the duration of the project.
A new ramp and control tower will also be constructed for the said project together with installation of navigational aids to accommodate
increased domestic and international flights. A new access road will also be build to service the terminal which is expected to handle 3 million passengers.
The airport is a priority infrastructure project of the Aquino administration, in preparation for the increase tourists arrival in the city after Puerto Princesa Underground River basin was included as one of the New 7 Wonders of Nature.
The loan agreement will be payable in 40 years and with a 10-year grace period with an interest rate of 0.1%. Construction is expected to begin within the year for completion in 2015.
Engineering works was provided by Price Waterhouse and Cooper International.
Puerto Princesa Airport Development Project to Start
Project cost ballooned to 4.4 Billion pesos
April 20, 2009
Puerto Princesa - The Puerto Princesa International Airport Development Project is slated to start later this year after the Government of the Philippines and Republic of Korea, through the Korean Eximbank approved the revaluation of the project which ballooned from 3.5 Billion last year to 4.4 Billion Pesos this year due to foreign exchange movements.
The project, as appraised, will cost some $92.1 million based on an exchange rate of P47.4 to the dollar, according to the National Economic Development Authority.
The project, as appraised, will cost some $92.1 million based on an exchange rate of P47.4 to the dollar, according to the National Economic Development Authority.
The airport improvement project which was conceived 12 years ago is funded by loan grants from Korea Eximbank, through the Economic Develoment Cooperation Fund (EDCF). Of the total project cost, close to $71.61 million or 78 % would be sourced from the Korean Bank while $20.5 million will represent the Philippine government’s counterpart.
The Puerto Princesa Airport Development Project will include the construction of a passenger terminal complex with aerobridge facility, and a new access road off the national highway, the widening of the runway strip, the installation of brand new instrument landing system (ILS), the establishment of a new security fencing, and the improvement of navigational aid, air traffic control, communications and air field lighting in accordance with international standards set by the International Civil Aviation Organization(ICAO). Some of the project component was already completed by Department of Transportation and Communications (DOTC) as part of the government's counterpart fund.
The Puerto Princesa Airport Development Project will include the construction of a passenger terminal complex with aerobridge facility, and a new access road off the national highway, the widening of the runway strip, the installation of brand new instrument landing system (ILS), the establishment of a new security fencing, and the improvement of navigational aid, air traffic control, communications and air field lighting in accordance with international standards set by the International Civil Aviation Organization(ICAO). Some of the project component was already completed by Department of Transportation and Communications (DOTC) as part of the government's counterpart fund.
The project is rated by EDCF as economically viable with an Economic Internal Rate of Return of 16.92 percent. It is expected to generate 1,400 jobs during its construction. The project will last from 2009 to 2013.
Puerto Princesa airport was part of the DOTC’s Third Airports Development Projects in 1992, which also included Cotabato, Butuan, Dipolog, Pagadian airports as well as Sanga-Sanga in Tawi-Tawi, with total cost estimated at P14.3 billion, P5 billion of which was supposed to be used for terminal construction. The rest of the funds were intended for land acquisition; civil works; equipment; navigational aids; crash, fire and rescue vehicles; consulting services; contingencies and other expenses. The ADB loan was supposed to be effective in November 1998. By the original closing date of May 2003, civil works implementation had not commenced.The development project was stopped after ADB found out that Department of Transportation and Communications (DOTC) made "ghost purchase of public land" to the tune of P100.8-million for the expansion project to which land the government already owns.
In the Citizens vs Corruption Task Force (CCTF) report in 2004, then Senator Francisco Tatad told that the government reportedly paid P100,804,500 for 112,005 square meters (sqm) of "public land" in Palawan for the proposed expansion of the airport in 2002.
The DOTC concluded the sale a month after it had offered to buy the property at P900 per sqm, while the government was buying private land for the Iloilo international airport at P60 per sqm.
Tatad said the Asian Development Bank and the European International Bank initially agreed to fund the projects, "but they have since pulled out because of the government’s unsatisfactory performance."
In August 2003, ADB and Government agreed to cancel the civil work and equipment components for the six airports and conducted a reappraisal of the project airports with the assistance of detailed design and construction supervision consultants under the loan. ADB did formulate a replacement project for Puerto Princesa in 2004 under the "Technical Assistance on Intermodal Transport Development Project." Although a replacement project was mooted, this did not proceed. The project was finally terminated in Sepember 2005 due to unresolved differences with DOTC.
In 2006, The government negotiated with the Korean government to fund the Puerto Princesa Airport Develoment Project. It was approved for funding in 2008 with a total project cost of P3.2 billion pesos at 3% interest, payable in 30 years and with grace period of 10 years. Korea Eximbank agreed to finance 80% of the project cost while 20% was to be financed by GOP. The counterpart fund was however a problem to the Philippine government. Consequently, project implementation was moved to 2009 with cost estimate balooning to 3.5 billion pesos.
A loan of P2.79 billion from the Korean EDCF will be supplemented by a counterpart fund of P698.76 million from the national government, which may source the money from the Malampaya royalty shares.
The Government of Korea established the Economic Development Cooperation Fund (EDCF) on June 1, 1987 with the purpose of promoting economic cooperation between Korea and developing countries.
In August 2003, ADB and Government agreed to cancel the civil work and equipment components for the six airports and conducted a reappraisal of the project airports with the assistance of detailed design and construction supervision consultants under the loan. ADB did formulate a replacement project for Puerto Princesa in 2004 under the "Technical Assistance on Intermodal Transport Development Project." Although a replacement project was mooted, this did not proceed. The project was finally terminated in Sepember 2005 due to unresolved differences with DOTC.
In 2006, The government negotiated with the Korean government to fund the Puerto Princesa Airport Develoment Project. It was approved for funding in 2008 with a total project cost of P3.2 billion pesos at 3% interest, payable in 30 years and with grace period of 10 years. Korea Eximbank agreed to finance 80% of the project cost while 20% was to be financed by GOP. The counterpart fund was however a problem to the Philippine government. Consequently, project implementation was moved to 2009 with cost estimate balooning to 3.5 billion pesos.
A loan of P2.79 billion from the Korean EDCF will be supplemented by a counterpart fund of P698.76 million from the national government, which may source the money from the Malampaya royalty shares.
The Government of Korea established the Economic Development Cooperation Fund (EDCF) on June 1, 1987 with the purpose of promoting economic cooperation between Korea and developing countries.
PSS finally starts 3.5 Billion project
Delay caused by government buying its own land
February 14, 2004
February 14, 2004
Puerto Princesa - After being plagued by corruption scandals on land acquisitions, Puerto Princesa International Airport Development Project finally started construction 12 years after it was conceived.
The airport was funded not under the grants of the Asian Development Bank (ADB) and European International Bank (EIB) but by loan grants from Korea Eximbank, through the Economic Develoment Cooperation Fund (EDCF).
Originally, the development of Puerto Princesa airport was part of the DOTC’s Third Airports Development Projects, which also included the airports of Cotabato, Butuan, Dipolog, Pagadian and Sanga-Sanga in Tawi-Tawi, with total cost estimated at P14.3 billion, P5 billion of which was supposed to be used for terminal construction. The rest of the funds were intended for land acquisition; civil works; equipment; navigational aids; crash, fire and rescue vehicles; consulting services; contingencies and other expenses.
The ADB loan became effective in November 1998. By the original closing date of May 2003, civil works implementation had not commenced.
The development project was stopped after ADB found out that Department of Transportation and Communications (DOTC) made "ghost purchase of public land" to the tune of P100.8-million for the expansion project to which land the government already owns.
In the Citizens vs Corruption Task Force (CCTF) report in 2004, then Senator Francisco Tatad told that the government reportedly paid P100,804,500 for 112,005 square meters (sqm) of "public land" in Palawan for the proposed expansion of the airport in 2002.
The DOTC concluded the sale a month after it had offered to buy the property at P900 per sqm, while the government was buying private land for the Iloilo international airport at P60 per sqm.
Tatad said the Asian Development Bank and the European International Bank initially agreed to fund the projects, "but they have since pulled out because of the government’s unsatisfactory performance."
In August 2003, ADB and Government agreed to cancel the civil work and equipment components for the six airports and conducted a reappraisal of the project airports with the assistance of detailed design and construction supervision consultants under the loan. ADB did formulate a replacement project for Puerto Princesa in 2004 under the "Technical Assistance on Intermodal Transport Development Project." Although a replacement project was mooted, this did not proceed. The project was finally terminated in Sepember 2005 due to unresolved differences with DOTC.
In 2006, The government negotiated with the Korean government to fund the Puerto Princesa Airport Develoment Project. It was approved for funding in 2008 with a total project cost of P3.2 billion pesos at 3% interest, payable in 30 years and with grace period of 10 years. Korea Eximbank agreed to finance 80% of the project cost while 20% was to be financed by GOP. The counterpart fund was however a problem to the Philippine government. Consequently, project implementation was moved to 2009 with cost estimate balooning to 3.5 billion pesos.
A loan of P2.79 billion from the Korean EDCF will be supplemented by a counterpart fund of P698.76 million from the national government, which may source the money from the Malampaya royalty shares.
The Government of Korea established the Economic Development Cooperation Fund (EDCF) on June 1, 1987 with the purpose of promoting economic cooperation between Korea and developing countries.
The Puerto Princesa Airport Development Project will include the construction of a passenger terminal complex and an access road off the national highway, the widening of the runway strip, the installation of an instrument landing system, the establishment of a new security fencing, and the improvement of navigational aid, air traffic control, communications and air field lighting in accordance with international standards set by the International Civil Aviation Organization.(ICAO)
In August 2003, ADB and Government agreed to cancel the civil work and equipment components for the six airports and conducted a reappraisal of the project airports with the assistance of detailed design and construction supervision consultants under the loan. ADB did formulate a replacement project for Puerto Princesa in 2004 under the "Technical Assistance on Intermodal Transport Development Project." Although a replacement project was mooted, this did not proceed. The project was finally terminated in Sepember 2005 due to unresolved differences with DOTC.
In 2006, The government negotiated with the Korean government to fund the Puerto Princesa Airport Develoment Project. It was approved for funding in 2008 with a total project cost of P3.2 billion pesos at 3% interest, payable in 30 years and with grace period of 10 years. Korea Eximbank agreed to finance 80% of the project cost while 20% was to be financed by GOP. The counterpart fund was however a problem to the Philippine government. Consequently, project implementation was moved to 2009 with cost estimate balooning to 3.5 billion pesos.
A loan of P2.79 billion from the Korean EDCF will be supplemented by a counterpart fund of P698.76 million from the national government, which may source the money from the Malampaya royalty shares.
The Government of Korea established the Economic Development Cooperation Fund (EDCF) on June 1, 1987 with the purpose of promoting economic cooperation between Korea and developing countries.
The Puerto Princesa Airport Development Project will include the construction of a passenger terminal complex and an access road off the national highway, the widening of the runway strip, the installation of an instrument landing system, the establishment of a new security fencing, and the improvement of navigational aid, air traffic control, communications and air field lighting in accordance with international standards set by the International Civil Aviation Organization.(ICAO)
The project is rated by EDCF as economically viable with an Economic Internal Rate of Return of 16.92 percent. It is expected to generate 1,400 jobs during its construction. The project will last from 2009 to 2013.
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