Inquirer
DOTr chief commits privatization of 10 airports by 2028
The Department of Transportation (DOTr) plans to privatize ten additional regional and tourist airports across the Philippines by 2028.
Transportation Secretary Vince Dizon announced that airports in Iloilo, Davao, Siargao, Laoag, Busuanga, Bicol, Tacloban, Bacolod-Silay, General Santos, and Puerto Princesa are targeted for public-private partnership (PPP).
Dizon mentioned that the Iloilo Airport project is the most advanced, with an unsolicited proposal from the Villar group currently under review by the DepDev Coordination Committee.
The DOTr is considering bundling some airports for bidding, following recommendations from the International Finance Corporation (IFC) and the Asian Development Bank (ADB), to ensure project viability and sound economics.
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