Private Funding Speeds up PH Aviation Projects – CAAP
Private funding through Public-Private Partnerships (PPP) have contributed to speeding up aviation projects across the country, the Civil Aviation Authority of the Philippines (CAAP) said on Tuesday.
“Pag pumasok ang private sector, malaki po ang capital investment na naitutulong nila para mas mapaganda ang paliparan [When the private sector is involved, the bigger capital investment helps in ensuring a great airport],” CAAP Deputy Director General for Administration Danjun Lucas said during the Kapihan sa Bagong Pilipinas.
Private funding is not limited to the improvement of airport facilities, but it also includes technology from different private sectors, he added.
“Airport projects through the Public-Private Partnership (PPP) scheme address problems in lack of public funding and delay in improvement procurement,” Mr. Lucas added.
The Public-Private Partnership Center report shows that 11 of PPP aviation projects are in the pipeline, 3 projects are operational, 2 are under construction, and 3 are under pre-construction project classification.
Among the pipeline projects are:
Upgrade, Expansion, Operations and Maintenance of Laguindingan International Airport in Misamis Oriental
New Bohol International Airport Project
Operations, Maintenance, and Upgrade of the Kalibo International Airport in Aklan
Rehabilitation, Expansion, Operation, Maintenance of the Iloilo International Airport
Rehabilitation, Operation, Maintenance and Expansion of Puerto Princesa International Airport in Palawan
Laoag International Airport Development Project in Ilocos Norte
New Surigao Airport Project
Development, Expansion, Operations and Maintenance of Sayak Siargao Airport
MRT 7 Airport Access-North Line Project
Operation & Maintenance of the Francisco B. Reyes Airport and the New Busuanga Airport in Palawan
Operations and Maintenance of the Bicol International Airport Project
Projects that are operational:
Cagayan North International Airport Project (Lal-lo Airport Project)
Clark International Airport Expansion Project, Operation and Maintenance
Mactan-Cebu International Airport Project
Projects that are under construction:
Caticlan Airport Development Project in Aklan
Clark International Airport Expansion Project – Engineering, Procurement and Construction (EPC)
Projects that are under pre-construction:
New Manila International Airport (Bulacan International Airport)
Ninoy Aquino International Airport (NAIA) Public-Private Partnership Project
Sangley Point International Airport (SPIA) Project
– Edg Adrian A. Eva