Aboitiz investment to give Misamis Oriental airport world-class upgrade

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Misamis Oriental Nyheter

Airports In The Philippines,Investments,Mindanao

The airport expansion project is seen to have far-reaching impacts on Northern Mindanao’s growth

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The event was held at the newly constructed passenger terminal, the first airport Public-Private Partnership project successfully awarded through an unsolicited bid under administration of President Ferdinand Marcos Jr..across the country, described the expansion project as a critical step in transforming the Laguindingan Airport into a strategic gateway for Mindanao, promising increased efficiency and international standards.

“We all know this translates to job creation and increased economic activity, benefiting surrounding communities,” Bautista said. AIC initially submitted a P148-billion unsolicited proposal package in 2018 for the takeover of four airports, including Laguindingan Airport. Canilao said the project aims to do more than just upgrade airport infrastructure, and that AIC envisions the airport becoming an anchor for regional progress by catalyzing economic and tourism growth and fostering local development.

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