5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

Davao airport upgrade seen completed by 2026

by
July 27, 2025
in Stock
0
Davao airport upgrade seen completed by 2026

Davao airport upgrade seen completed by 2026 – BusinessWorld Online


      
      
      
      
      








CAAP

THE Department of Transportation (DoTr) said it expects to complete the P650-million upgrade of the Davao International Airport by the end of 2026.

The airport project covers the 48% expansion of the passenger terminal to 25,910 square meters by December 2026, the DoTr said, thereby raising seating capacity in the terminal to 1,500 passengers.

The government is currently evaluating an unsolicited proposal for the airport’s operations and maintenance.

The Public-Private Partnership (PPP) Center has said that the proposal is still undergoing assessment.

The P12.9-billion proposal was submitted by the Davao International Airport Consortium, according to the PPP Center.

The consortium consists of Asian Infrastructure and Management Corp.; Filinvest Infra-Solutions Ventures, Inc.; and JG Summit Infrastructure Holding Corp.

The PPP Center said the proposal will be implemented under a rehabilitate-operate-transfer arrangement with a 30-year concession agreement.

The DoTr said it is looking to tap the private sector for the operation and maintenance of up to 20 airports to help expand and upgrade the Philippines’ regional hubs. — Ashley Erika O. Jose

CEDTyClea

RELATED ARTICLESMORE FROM AUTHOR




MORE STORIES


Previous Post

Artificial intelligence upskilling plan expected to be ready by early next year

Next Post

Rural dev’t NGO backs law setting palay farmgate floor at P25 per kilo

Next Post
Rural dev’t NGO backs law setting palay farmgate floor at P25 per kilo

Rural dev’t NGO backs law setting palay farmgate floor at P25 per kilo

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    SONA, firms’ results in focus as mart seeks leads

    SONA, firms’ results in focus as mart seeks leads

    July 27, 2025
    I Squared Capital pledges $1B more in PHL infra investment

    I Squared Capital pledges $1B more in PHL infra investment

    July 27, 2025
    PHL trade concessions to US won’t ‘harm’ domestic producers, DA says

    PHL trade concessions to US won’t ‘harm’ domestic producers, DA says

    July 27, 2025
    Rural dev’t NGO backs law setting palay farmgate floor at P25 per kilo

    Rural dev’t NGO backs law setting palay farmgate floor at P25 per kilo

    July 27, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.