The Department of Transportation (DOTr) and the Civil Aviation Authority of the Philippines (CAAP) have opened a bidding process for proposals to upgrade, expand, operate, and maintain Laguindingan Airport.
The bidding process opened after Aboitiz InfraCapital, Inc. submitted an unsolicited proposal accepted by the two agencies.
The project falls under the government’s Infrastructure Flagship Projects initiative. It aims to improve connectivity within the Northern Mindanao region and enhance the passenger experience at Laguindingan Airport.
Bidders will be evaluated on their ability to finance, design, construct, operate, and maintain the airport under a 30-year concession period.
The project is expected to increase airport capacity, introduce new airlines and routes (including international flights), and incorporate sustainable practices.
In February 2024, DOTr Secretary Jaime Bautista led the groundbreaking ceremony to expand the passenger terminal building (PTB) of Laguindingan Airport.
The expansion of the PTB, which is expected to be finished in June 2024, will expand the airport’s capacity from 500 to 860 passengers at any given time.
Recently, the transportation department successfully paved the way for the privatization of the Ninoy Aquino International Airport after the San Miguel Corporation-led consortium won the P170.6 billion bid to operate and upgrade the Philippines’ primary international gateway.
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