THE INFRASTRUCTURE arm of the Aboitiz group is about to take over the operations and upkeep of the Laguindingan Worldwide Airport in Misamis Oriental subsequent yr, the Transportation division mentioned.
“We’re planning to signal the concession settlement for the Laguindingan airport throughout the month. The takeover will occur inside 4 to 6 months,” Transportation Secretary Jaime J. Bautista informed reporters on the sidelines of an aviation discussion board on Wednesday.
In September, the Division of Transportation (DoTr) mentioned the contract to function and keep the Laguindingan Worldwide Airport could be awarded to Aboitiz InfraCapital, Inc., the unique proponent.
This got here after the DoTr acquired no counter proposal to problem the unsolicited proposal of Aboitiz InfraCapital, Mr. Bautista mentioned beforehand.
“Aboitiz InfraCapital is keen and able to tackle the operations, administration, and enlargement of the Laguindingan airport… We’re ready on the course from the federal government on this for the discover of award. From there, signing ought to observe, then after might be a transition interval to takeover,” Aboitiz InfraCapital mentioned in an announcement to BusinessWorld.
Primarily based on the Directions to Challengers revealed by the DoTr and Civil Aviation Authority of the Philippines (CAAP), the discover of award and different post-award necessities would instantly be issued upon the approval of the award by the Transportation Secretary and the governing board of CAAP.
It added that the unique proponent or the profitable challenger would execute the concession settlement inside 5 days from its receipt of notification of compliance with the post-award necessities.
IMMEDIATE PLANS
The corporate mentioned its speedy plans for the airport embrace increasing its working capability.
“What we will share presently is we plan on increasing the working capability of the airport given the expansion potential we see in Northern Mindanao,” Aboitiz InfraCapital mentioned.
The Transportation division goals to implement the primary section of the Laguindingan Worldwide Airport PPP undertaking from 2024 to 2026.
The airport could have a capability of 1.6 million passengers a yr, which is able to enhance to three.9 million by the tip of the primary section and to six.1 million by the tip of the second section.
In line with the Public-Personal Partnership Heart, the contract for the Laguindingan airport will run for a interval of 35 years.
The corporate has additionally submitted unsolicited proposals for the operations, upkeep, and growth of the New Bohol-Panglao Worldwide Airport, Bicol Worldwide Airport, and Iloilo Worldwide Airport.
The group secured authentic proponent standing for the New Bohol-Panglao Worldwide Airport, which is able to endure the Swiss problem by November, in line with Mr. Bautista.
In 2022, Aboitiz InfraCapital finalized a take care of Megawide Building Corp. and GMR Airports Worldwide B.V., permitting it to amass shares in GMR-Megawide Cebu Airport Corp., the corporate behind the Mactan-Cebu Worldwide Airport. — Ashley Erika O. Jose
