Gov't scraps public-private partnerships for 5 regional airports

enablePagination: false
maxItemsPerPage: 10
totalITemsFound:
maxPaginationLinks: 10
maxPossiblePages:
startIndex:
endIndex:

The New Bohol Airport, located in Panglao, is set to replace the Tagbilaran Airport upon its expected completion in 2019, the PPP Center said.

Metro Manila (CNN Philippines, May 23) — The government has terminated billions worth of public-private partnership (PPP) projects involving the operations, maintenance and development of five regional airports.

These include the Panglao Airport in Bohol, Laguindingan Airport in Misamis Oriental, Bacolod Airport, Iloilo Airport, and Davao Airport, the PPP Center confirmed Tuesday.

"The Government, through the implementing agencies, the Department of Transportation (DOTr) and Civil Aviation Authority of the Philippines (CAAP), decided that the projects would be implemented through other modes," the PPP Center said in a statement.

The PPP projects, worth a total of P110.42 billion, was already approved by the National Economic and Development Authority in November 2016. It means these could already be auctioned off to private companies.

The projects "generated strong interest from the private sector, as evidenced by the active participation of highly-qualified local and international players," the PPP Center said.

But it said it respects the decision of the DOTr and the CAAP to scrap the PPP projects.

The Laguindingan, Bacolod, Iloilo, and Davao airports are among the busiest in the country, catering to an estimated total of 7.6 million passengers in 2012 alone. The New Bohol Airport, located in Panglao, is set to replace the Tagbilaran Airport upon its expected completion in 2019, the PPP Center said.

The Aquino administration had launched the PPP program in 2011 in a bid to accelerate infrastructure development in the country. Despite having a healthy pipeline of projects, it only managed to bid out 12 projects in the last five years.

Meanwhile, the Duterte team had earlier vowed to bring forth the Philippines' "golden age of infrastructure," to spend about P861 billion in 2017.

CNN Philippines' Eimor P. Santos and Claire Jiao contributed to this report.