Aboitiz wants to modernize 4 regional airports

THE Aboitiz Group submitted Wednesday, March 7, an unsolicited proposal to operate, maintain, expand and upgrade four key regional airports in the Visayas and Mindanao.

Its infrastructure business unit, Aboitiz InfraCapital (AIC), is proposing to transform the Iloilo International Airport in Panay, Bacolod-Silay Airport in Negros Occidental, Laguindingan Airport in Cagayan de Oro, and New Bohol International Airport in Panglao into world-class airports for P148 billion over a 35-year concession period.

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