• Politics
  • Economy
  • Stock
  • World News
  • Editor’s Pick
Investments Aims
EconomyEditor's Pick

Davao airport upgrade seen completed by 2026

by July 27, 2025
by July 27, 2025

THE Department of Transportation (DoTr) said it expects to complete the P650-million upgrade of the Davao International Airport by the end of 2026.

The airport project covers the 48% expansion of the passenger terminal to 25,910 square meters by December 2026, the DoTr said, thereby raising seating capacity in the terminal to 1,500 passengers.

The government is currently evaluating an unsolicited proposal for the airport’s operations and maintenance.

The Public-Private Partnership (PPP) Center has said that the proposal is still undergoing assessment.

The P12.9-billion proposal was submitted by the Davao International Airport Consortium, according to the PPP Center.

The consortium consists of Asian Infrastructure and Management Corp.; Filinvest Infra-Solutions Ventures, Inc.; and JG Summit Infrastructure Holding Corp.

The PPP Center said the proposal will be implemented under a rehabilitate-operate-transfer arrangement with a 30-year concession agreement.

The DoTr said it is looking to tap the private sector for the operation and maintenance of up to 20 airports to help expand and upgrade the Philippines’ regional hubs. — Ashley Erika O. Jose

0 comment
0
FacebookTwitterPinterestEmail

previous post
Artificial intelligence upskilling plan expected to be ready by early next year
next post
Rural dev’t NGO backs law setting palay farmgate floor at P25 per kilo

You may also like

Food insecurity recedes in PHL after pandemic —...

July 28, 2025

DBM backs raising health spending but cites fiscal...

July 28, 2025

Diesel prices frozen in typhoon-hit areas

July 28, 2025

Fusion CX expects expansion to create 2,000 new...

July 28, 2025

Metro Manila retail price growth flat in June

July 28, 2025

Philippines to host LDF board meeting in October

July 28, 2025

Transfer pricing considerations during calamities

July 28, 2025

I Squared Capital pledges $1B more in PHL...

July 27, 2025

PHL trade concessions to US won’t ‘harm’ domestic...

July 27, 2025

Rural dev’t NGO backs law setting palay farmgate...

July 27, 2025

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Join The Exclusive Subscription Today And Get Premium Articles For Free


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Recent Posts

  • Bill Maher Admits He Was Wrong About Trump’s Tariffs: ‘I Gotta Own It’ (VIDEO)

    July 29, 2025
  • Colorado Democrat Says it’s ‘Dangerous’ for Tulsi Gabbard to Make Accusations Against Obama (VIDEO)

    July 29, 2025
  • Fake News CNN Refers to Manhattan Mass Shooter as ‘Possibly White’ (VIDEO)

    July 29, 2025
  • WATCH LIVE: NYC Officials Provide Updates on Manhattan Shooting – 10:30 PM ET

    July 29, 2025
  • ANOTHER ONE GONE: Liberal Washington Post ‘Fact Checker’ Glenn Kessler Leaving Paper After Accepting Buyout

    July 29, 2025
  • Terms & Conditions
  • Privacy Policy
  • Contact us
  • About us

Copyright © 2024 Investments Aims. All Rights Reserved.

Investments Aims
  • Politics
  • Economy
  • Stock
  • World News
  • Editor’s Pick