29 August 2022
The Department of Transportation (Dotr) intends to offer for privatization the development, operations, and maintenance of four major airports under the public private partnership program, Transportation Secretary Jaime Bautista said over the weekend.
Bautista said the airports considered for privatization are the development, operations and maintenance of the Panglao, Davao, Iloilo and Kalibo airports.
DOTr earlier privatized the operations of Cebu and Clark airports, while Duterte administration cancelled the development, operations and maintenance of the Bacolod-Silay, Davao, Iloilo, Laguindingan and Panglao airports under the PPP procurement process due to financial pressures on the general public.
The Agency instead decided to pursue the projects through official development assistance from Korea for Panglao and Laguindingan airports for completion of the project.
Meanwhile, airport development for Davao was earmarked under the general appropriations.
The Regional Airport PPP Projects were originally approved under a bundled PPP structure by the National Economic and Development Authority-Investment Coordination Committee and the NEDA Board. The board approved the unbundling of the five airports in November 2016.
No comments:
Post a Comment