AIC invests in Mindanao water, transport infra to boost foreign investments

Aboitiz InfraCapital, Inc. (AIC) is expanding its investments in Mindanao's water and transport infrastructure to attract more foreign investments.

AIC aims to unlock Mindanao's economic potential by developing world-class regional airports, which are seen as engines of economic activity and crucial for trade and tourism.

The company currently operates Laguindingan International Airport (LIA) in Misamis Oriental under a 30-year concession awarded in October 2024.

Modernization work on LIA, including terminal expansion to accommodate more international flights, began in April 2025 and it is now handling 337 flights weekly to major Philippine cities.

AIC intends to position LIA, the country's sixth-busiest airport and Mindanao's second-busiest, as a key regional gateway similar to Mactan-Cebu.

AIC's portfolio also includes Mactan-Cebu International Airport and Bohol-Panglao International Airport, handling over 20 percent of the country's total passenger traffic.

The Aboitiz Group is exploring more opportunities to enter the public-private partnership (PPP) landscape in Mindanao, building on the success of its infrastructure contracts in the island.

The development of the Davao City Bulk Water Supply Project (DCBWSP) has improved Davao's water situation.