DOTr to Open an Upgraded Puerto Princesa Airport Project Worth P4-Billion on May 3, 2017 (Video)


The Philippines most popular tourist destination, the island of Palawan will be having an upgraded international airport as the Department of Transportation (DOTr) scheduled the inauguration of Puerto Princesa Airport this coming May 3, 2017.


DOTr confirmed to the media that "On May 3, 2017, the DOTr will inaugurate the Puerto Princesa Airport, a newly developed international airport which was designed to accommodate 1.9 million passengers annually," DOTr said.

Watch a Video Report from The Palawan Star:



The newly upgraded airport was scheduled to be inaugurated in the first quarter of 2017 but the construction was extended 90 days because of the development of the perimeter road.

The P4-billion worth development project of the Puerto Princesa Airport includes the construction of new passenger and cargo building, apron, taxiways and navigation facilities.

During the administration of Pres. Duterte he ordered the DOTr to fast-track the development project of the new Puerto Princesa Airport, an initiative of the Aquino administration under its Public-Private Partnership (PPP) Program.


Last 2014, Kumho Industrial Co. Ltd.-GS Engineering and Construction joint venture (Kumho-GS) won the bidding for the $82.9-milion design-and-build contract for the airport development project.

The Puerto Princesa Airport was mainly funded through a Korean Import Bank (KEXIM) loan amounting to $71.6 milion which is payable in 40 years, inclusive of a 10-and-a-half-year grace period, at an interest rate of 0.1 percent a year, provided that the project was limited to South Korean firms.

When finished, the new airport will be able to accommodate approximately 2 million passengers annually. During the year 2013, the airport recorded 1.34 million passengers, which is way beyong the 350,000 passenger annual design capacity for the existing terminal.


Source: DOTr / PNA / PIA

DOTr to Open an Upgraded Puerto Princesa Airport Project Worth P4-Billion on May 3, 2017 (Video) DOTr to Open an Upgraded Puerto Princesa Airport Project Worth P4-Billion on May 3, 2017 (Video) Reviewed by Phil Newsome on 5/01/2017 Rating: 5

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