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The Department of Transportation has allocated P14 billion for nationwide airport enhancements
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The agency is spearheading substantial improvements for the country’s aviation sector and modernizing airports nationwide
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The funds are earmarked for development projects in airports in such areas as Catbalogan, Tacloban, Laoag, Puerto Princesa, Kalibo, and Iloilo, among others, says transport chief Jaime Bautista
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Bautista mentioned several airport developments are being pursued under the Public-Private Partnership scheme, backed by financial support from the Asian Development Bank and the International Finance Corporation of the World Bank
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Airports in Bohol, Siargao, Bacolod-Silay, Kalibo, Puerto Princesa, Davao, and Iloilo are among those slated for development under the PPP arrangement
The Department of Transportation (DOTr) has allocated P14 billion for nationwide airport enhancements in the aviation sector, according to Transportation Secretary Jaime Bautista.
The agency is spearheading substantial improvements for the country’s aviation sector and is modernizing airports nationwide, Bautista announced during the DOTr Aviation and Airports Town Hall Meeting in General Santos City, commemorating the agency’s 125th anniversary.
The funds are earmarked for development projects in various airports, including Catbalogan, Tacloban, Laoag, Puerto Princesa, Kalibo, Iloilo, and 16 others.
Bautista said several airport projects are being pursued under the Public-Private Partnership (PPP) scheme, backed by financial support from the Asian Development Bank and the International Finance Corporation of the World Bank.
Airports in Bohol, Siargao, Bacolod-Silay, Kalibo, Puerto Princesa, Davao, and Iloilo are among those slated for development under the PPP arrangement.
Simultaneously, the DOTr is forging partnerships beyond infrastructure development.
The collaboration with De La Salle University and Lasallian Institute for the Environment (LIFE) on the Nature-based Carbon Sequestration Project Development underscores the commitment to eco-friendly initiatives within the aviation industry.
“I am eager to discover the outcome of this project and how it can translate for the benefit of aviation stakeholders,” said Bautista.
DOTr Undersecretary for Aviation and Airports Roberto Lim affirmed the agency’s commitment to achieving net-zero emissions by 2050.
The government is supporting mitigation measures, including carbon reduction, incorporating green design principles in airport construction, promoting renewable energy sources, and establishing a roadmap for sustainable aviation fuel, said Lim.
