Sign up | Log in



Home  >>   Daily News  >>   Philippines News  >>   Infrastructure  >>   Philippine gov't allocates US$110m to build, refurbish airports
NEWS UPDATES Asean Affairs    14 September  2012

Philippine gov't allocates US$110m to build, refurbish airports


The construction and refurbishment of key airports across the country has been provided 4.6 billion pesos (US$110 million)  in fresh funds amid the Palace's efforts to advance the public-private partnership programme.

Budget Secretary Florencio B. Abad yesterday said in a statement the amount was released to the Department of Transportation and Communications (DoTC) for the implementation of four PPP projects.

Of the amount, 2 billion pesos is earmarked for the detailed engineering of the runways and taxiways at the New Legazpi Airport in Daraga, Albay.

Also, 1.64 billion pesos is meant for the resumption of the repairs and maintenance activities at the Ninoy Aquino International Airport’s Terminal 1.

This will cover the immediate repair of Naia 1’s mechanical, electrical, plumbing and fire protection systems, as well as the retrofitting of the overall structure.

Further, 800 million pesos has been set aside for the Tacloban Airport’s terminal building and other ancillary facilities, to support growing passenger traffic.

Moreover, 160 million pesos will be used for the Central Mindanao Airport in North Cotabato to help ease the transport of high-value crops in and out of the region.

“The release will support the improvement or creation of more gateways into the Philippines, given the administration’s campaign to cement our position as a prime tourist and investment hub,” Abad said.

“Through the PPP programme, we can make project implementation much more efficient and reform-oriented, so that the gains we make through the initiative will be sustained in the long term,” he added.

The budget chief also expressed confidence in newly installed DoTC Secretary Joseph Abaya following the reassignment of Mar Roxas to the Department of the Interior and Local Government in lieu of Jesse Robredo who passed away last August.

“We welcome the appointment of Secretary Abaya. We trust that his leadership will help speed up our PPP efforts and catalyse further economic growth in the country,” Abad said. US$1 = 41.7 pesos

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
  Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below




1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Today's  Stories    14 September 2012  Subsribe Now !
• AEM Report’s AEC three-fourth of the way ...  Subcribe: Asean Affairs Global Magazine
• Indonesia devoting $20 billion to upgrading... Asean Affairs Premium

• Global crisis forces Thailand to revise export...

Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• Panelists Debate: Asia needs better clean...
• Philippine gov't allocates US$110m to build...
• Thai-Bev owner brews Singapore’s largest...

Asean Analysis              14 September 2012
Advertise Your Brand
• Asean Analysis- September 14, 2012  
• Asean Weekly- September 14, 2012 Sponsor Our Events

Asean Stock Watch     14 September 2012 

• Asean Stock Watch- September 14, 2012 p

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent

• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More


Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand