• 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

Recto considers reenacted 2026 budget to be unlikely

July 29, 2025

PCCI flags SONA silence on government legislative program

July 29, 2025

Laurel sees NFA powers facilitating P20 rice rollout

July 29, 2025

Online gambling restrictions still on the table, DoF...

July 29, 2025

PAGCOR 1st half e-games revenue at nearly P115B

July 29, 2025

Philippines, Israel agree to explore FTA

July 29, 2025

91 LGUs sign up for ‘smart’ community program

July 29, 2025

IPPs commit to capacity boost in support of...

July 29, 2025

Tourism infra, calamity fund top DoT’s wish list

July 29, 2025

Food insecurity recedes in PHL after pandemic —...

July 28, 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

  • WATCH: President Trump Tells Gateway Pundit What He Thinks of Impeaching Obama for Leading the Russian Collusion Hoax – “They Should do Something”

    July 30, 2025
  • Russian Intel: US and UK Working to Oust Zelensky and Enthrone Zaluzhny – Ukrainian General Is Portrayed in the Pages of Vogue

    July 30, 2025
  • OUTRAGEOUS: Liberal Activists Slam Sydney Sweeney’s New American Eagle Ad as “Fascist Propaganda” for Featuring a Blonde White Woman — Accuse Brand of Pushing “Eugenics” and Are Now Calling for a Boycott

    July 30, 2025
  • NEW: DOJ Drops Charges Against Man Who Brought Bionic Face Shields to Los Angeles Riots

    July 30, 2025
  • Democrat Cory Booker GOES OFF on Democrats For Not “Resisting” President Trump in Insane Senate Floor Rant, Storms Off (VIDEO)

    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