The P12.75-billion modernization project at Laguindingan Airport is set to transform not just the airport itself, but the entire region of Misamis Oriental. By creating jobs and attracting investments, this initiative aligns seamlessly with the national government's vision of enhancing the quality of life for Filipinos.
A Gateway to Opportunity
Since 2013, Laguindingan Airport has been the main entry point to Northern Mindanao. Now, with Aboitiz InfraCapital (AIC) taking charge under a 30-year concession, exciting changes are on the horizon. Transportation Secretary Jaime J. Bautista noted that this transformation is about more than just upgrading facilities; it's a catalyst for regional development. With new employment opportunities and a more attractive investment climate, the airport is poised to become a key player in Northern Mindanao's economy.
Upgrades that Matter
At the signing ceremony of the concession agreement, President Ferdinand R. Marcos Jr. emphasized the significance of this project. The plans include reconfiguring the existing terminal, constructing a new Passenger Terminal Building (PTB), and implementing ongoing maintenance. AIC's experience with Mactan-Cebu International Airport will guide these enhancements, ensuring the airport can meet rising demand in a safe and efficient manner. With upgrades rolled out in two phases, the future looks bright for Laguindingan Airport.
A Nationwide Vision for Aviation
The modernization of Laguindingan Airport is part of a broader strategy by the Department of Transportation (DOTr) to upgrade airports across the country. Alongside Laguindingan, other airports like Basco, Busuanga, and Davao are also set to benefit from modernization efforts. This holistic approach aims to improve air travel across the Philippines, boost local economies, and enhance passenger experiences. With such significant investments in infrastructure, Laguindingan Airport stands as a beacon of opportunity for the region and the nation alike.
