‘P12b Laguindingan airport upgrade to boost economy’

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‘P12b Laguindingan airport upgrade to boost economy’
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President Marcos on Monday underscored his administration’s commitment to developing Northern Mindanao by announcing the expansion of Laguindingan

PPP PROJECT. President Ferdinand Marcos, Jr. presided over the signing yesterday of the P12.7 billion Laguindingan International Airport Public-Private Partnership Project Concession Agreement at Malacañan Palace. With the President are : .Capt. Manuel Antonio Tamayo, director general of Civil Aviation Authority of the Philippines, Transportation Secretary Jaime J. Bautista and Ms. Cosette Canilao, president, AC6 Corp. PCO International Airport through a P12.

The expansion project aims to increase capacity to 3.9 million passengers in the first phase and up to 6.3 million in the second. President Marcos emphasized that the project will create jobs and foster economic growth, in line with his administration’s vision for a “Bagong Pilipinas.”

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