The Iloilo International Airport is undergoing a ₱190 million upgrade, funded by the DOTr's 2024 General Appropriations Act and implemented by CAAP, to enhance its infrastructure and passenger services.
The project focuses on the rehabilitation, expansion, and modernization of the Passenger Terminal Building (PTB), including structural, architectural, mechanical, and electrical improvements.
Key upgrades to the PTB include the installation of new air-conditioning units, lighting, fire alarm systems, escalators, and elevators, with a significant portion allocated to three new 600-kilowatt chillers for improved temperature control.
These improvements are expected to increase the airport's capacity from 367 domestic and 360 international passengers to 675 domestic and 407 international passengers.
Beyond the current ₱190 million upgrade, further projects planned for this year include additional PTB rehabilitation, an asphalt overlay of the runway, and procurement for overlay works, totaling over ₱746 million in additional investments.
Additionally, the Iloilo International Airport is slated for privatization, with Prime Asset Ventures, Inc.'s (PAVI) unsolicited proposal for its operations and maintenance having completed negotiations.
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