The National Economic Development Authority (NEDA) Board, led by President Ferdinand “Bongbong” Marcos Jr., has approved the P12.75 billion Unsolicited Proposal for the Upgrade, Expansion, Operation, and Maintenance of the Laguindingan International Airport Project, one of three additional infrastructure projects worth P190 billion aimed to improve connectivity. This was announced by NEDA Secretary Arsenio Balisacan during a briefing in Malacañang today, July 19, 2023.
In a news release, Sec. Balisacan said the project focuses on integrating sustainable and digitally advanced features into the design and operation of the Laguindingan International Airport in Misamis Oriental.
The project, which will be under the PPP, aims to enhance regional development, promote tourism, and provide a better travel experience for passengers.
Accordingly, the said project is aligned with the objectives and goals of the Philippine Development Plan 2023-2028 that will significantly improve the lives of the Filipinos.
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