Aboitiz investment to give Misamis Oriental airport world-class upgrade

  • 📰 rapplerdotcom
  • ⏱ Reading Time:
  • 48 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 44%
  • Publisher: 86%

Misamis Oriental News

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

This is AI generated summarization, which may have errors. For context, always refer to the full article.

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in US

United States United States Latest News, United States United States Headlines