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