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DOTr awards operations and maintenance of Laguindingan Airport to Aboitiz
The Department of Transportation (DOTr) has awarded the operations and maintenance contract for Laguindingan Airport to Aboitiz InfraCapital (AIC).
The awarding follows the recent opening of the airport's expanded passenger terminal, which is now 72% bigger.
Transportation Secretary Jaime Bautista expressed confidence in AIC's ability to elevate the airport to global standards and improve passenger service.
The Public-Private Partnership (PPP) project for the airport's upgrade, expansion, operations, and maintenance was approved by the NEDA Board in July 2023.
Aboitiz InfraCapital Inc. previously secured original proponent status for its unsolicited proposal to manage the airport under the previous administration.
The 30-year concession agreement includes two phases of capacity augmentation to meet increasing demand.
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The Department of Transportation (DOTr) and the Civil Aviation Authority of the Philippines (CAAP) have officially turned over the PHP12.75-billion modernization of Laguindingan Airport in Misamis Oriental to Aboitiz InfraCapital (AIC).
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The Aboitiz group is interested in managing and operating Davao International Airport, indicating a strategic move to expand its airport infrastructure portfolio.
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