{"id":139131,"date":"2025-03-17T07:49:04","date_gmt":"2025-03-17T07:49:04","guid":{"rendered":"https:\/\/peraltafinancing.com\/airline\/aboitiz-infracapital-signs-laguindingan-airport-contract\/"},"modified":"2025-03-17T07:49:04","modified_gmt":"2025-03-17T07:49:04","slug":"aboitiz-infracapital-signs-laguindingan-airport-contract","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=139131","title":{"rendered":"Aboitiz InfraCapital Signs Laguindingan Airport Contract"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<div class=\"separator\" style=\"clear: both; text-align: center;\"><a href=\"https:\/\/blogger.googleusercontent.com\/img\/b\/R29vZ2xl\/AVvXsEgvVpYsSlSpXeXxwcmkZt83AoNL70ECOcX6cGHbHJLiXDRIhXF_JdGuYjLpq8VIShnCMc8l5_8Td2oJFKCPDYzy3jpkO7JkT0d9hZooKYQSph2NKB5cMjyAyt5cJQAMBFTpAinX0EBoAtMbyUK29Und_JtfWRhD2ezkkUcHTeuttfx0z-YtjQQDnC842qs\/s1182\/Laguindingan_InfraCapital_signing.png\" imageanchor=\"1\" style=\"margin-left: 1em; margin-right: 1em;\"><img loading=\"lazy\" decoding=\"async\" border=\"0\" data-original-height=\"687\" data-original-width=\"1182\" height=\"390\" src=\"https:\/\/blogger.googleusercontent.com\/img\/b\/R29vZ2xl\/AVvXsEgvVpYsSlSpXeXxwcmkZt83AoNL70ECOcX6cGHbHJLiXDRIhXF_JdGuYjLpq8VIShnCMc8l5_8Td2oJFKCPDYzy3jpkO7JkT0d9hZooKYQSph2NKB5cMjyAyt5cJQAMBFTpAinX0EBoAtMbyUK29Und_JtfWRhD2ezkkUcHTeuttfx0z-YtjQQDnC842qs\/w671-h390\/Laguindingan_InfraCapital_signing.png\" width=\"671\"\/><\/a><\/div>\n<p><span style=\"font-family: Open Sans;\">28 October 2024<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: Open Sans;\">The Philippine Transportation Department (DOTr) has signed\u00a0 the 30 years \u20b112.75 Billion Concession Agreement (Operations and Maintenance Contract) for Laguindingan airport with <\/span><span style=\"font-family: Open Sans;\">Aboitiz InfraCapital. <\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: Open Sans;\">Aboitiz InfraCapital recently secured a<br \/>\n\u201cNotice of Award\u201d for concession to upgrade, operate, and<br \/>\nmaintain the airport in Misamis Oriental from DOTr earlier this month.<\/span><span style=\"font-family: Open Sans;\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: Open Sans;\">The contract was signed by Secretary Jaime J. Bautista and Sabin M. Aboitiz, witnessed by President Ferdinand Marcos Jr. in Malacanang Palace.<br \/><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: Open Sans;\">The concession agreement calls for the building expansion of Laguindingan airport terminal to double the airport\u2019s annual passenger capacity from 1.6 million to 3.9 million in the first phase of the concession, and 6.3 million by the end of the second phase, enhancing connectivity and supporting regional growth.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: Open Sans;\">The privatization will also see the expansion of Laguindingan airport\u2019s facilities, upgrades of terminals, and more efficient delivery of services to passengers.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: Open Sans;\">The concession agreement also involves the reconfiguration of existing terminal space to improve processing capacity, construction of new Passenger Terminal Building (PTB) as well as maintenance and repair. <br \/><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: Open Sans;\">DOTr Sec. Jaime Bautista noted that the privatization will open direct flights of other Asian carriers to Mindanao and vice versa, making Laguindingan airport an international aviation hub soon.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: Open Sans;\">Aboitiz InfraCapital Inc manages Mactan-Cebu International Airport, and has also submitted an unsolicited proposal for similar concessions for airports in Bohol, Bicol, and Iloilo.<\/span><\/p>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>28 October 2024 The Philippine Transportation Department (DOTr) has signed\u00a0 the 30 years \u20b112.75 Billion Concession Agreement (Operations and Maintenance Contract) for Laguindingan airport with Aboitiz InfraCapital. Aboitiz InfraCapital recently secured a \u201cNotice of Award\u201d for concession to upgrade, operate, and maintain the airport in Misamis Oriental from DOTr earlier this month.\u00a0 The contract was [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":139132,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12028],"tags":[59331,12875,13536,59332,59333,4840],"dealstore":[],"offerexpiration":[],"class_list":["post-139131","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-airline","tag-aboitiz","tag-airport","tag-contract","tag-infracapital","tag-laguindingan","tag-signs"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Aboitiz InfraCapital Signs Laguindingan Airport Contract - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=139131\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aboitiz InfraCapital Signs Laguindingan Airport Contract - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"28 October 2024 The Philippine Transportation Department (DOTr) has signed\u00a0 the 30 years \u20b112.75 Billion Concession Agreement (Operations and Maintenance Contract) for Laguindingan airport with Aboitiz InfraCapital. 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