DOTr plans to privatize 10 more regional airports by 2028
The Department of Transportation (DOTr) aims to privatize 10 more regional and tourist airports in the Philippines through public-private partnerships (PPPs) 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 set to undergo privatization.
Dizon noted that the Iloilo Airport project is the most advanced among these plans, with an unsolicited proposal from the Villar group currently under review by the Department of Economic Affairs Coordination Committee.
The government is considering bundling multiple airports into a single contract to make the projects financially viable and boost tourism activities in island destinations like Puerto Princesa and Siargao.
On Monday, the DOTr formally transferred the operations of Bohol-Panglao International Airport to the Aboitiz Group under a P4.53-billion concession deal, with plans to expand its capacity from 2 million to 3.9 million passengers per annum by 2030.
The government also aims to continue building and expanding airports in remote areas for emergency and disaster relief purposes while pursuing PPPs for viable airports.
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