Wednesday, 22 April 2009

Philippines' next international airport construction ahead of 2012 target

Passenger Terminal Today
http://www.passengerterminaltoday.com/news.php?NewsID=11785

Officials at Laguindingan Airport, the first international airport for Northern Mindanao, the Philippines, expect to see the construction reach 50 percent completion by the end of 2009. They predict construction will be complete by mid-2010. “We are even ahead of the accelerated target,” Misamis Oriental Governor Oscar Moreno said. The new airport has an estimated cost of US$167 million.

Moreno’s optimistic projection is matched by project manager Della Capicenio. She said that the first international airport in Northern Mindanao would be completed way ahead of schedule since it is now more than one-third complete. The airport is targeted to be fully completed on January 17, 2012.

Moreno said that based on the completion rate of the project, the case pending before the Court of Appeals regarding the remaining contested areas covered by the airport project has not really affected its construction. The threat of the tribal war by an indigenous people’s group affected by the airport project has not deterred Korean contractor Hanjin Heavy Industries and Construction from full-time construction.

The airport project is funded by a loan from the South Korean government under the Economic Development Cooperation Fund totalling US$106.73 million, with the remainder of funds coming from the Philippine government.

1 comment:

  1. Do you know if there will be a direct flight to this airport from US?

    ReplyDelete