CAAP, DOTr, Aboitiz InfraCapital lead Laguindingan Airport ceremonial award

Aboitiz InfraCapital (AIC) has formally received the notice of award to upgrade, operate, and maintain the Laguindingan Airport in Misamis Oriental.

Leading the ceremonial handover last October 11, 2024, at Laguindingan Airport were (from left) Civil Aviation Authority of the Philippines Deputy Director-General Danjun G. Lucas, Department of Transportation (DOTr) Undersecretary Roberto C.O. Lim, DOTr Secretary Jaime J. Bautista, AIC President & CEO Cosette V. Canilao, and AIC Vice President-Head for Airports Business Rafael Aboitiz.

With a planned P12.75 billion investment, this project is set to modernize Laguindingan Airport, enhancing passenger experience and operational efficiency while showcasing the best of the Philippines. The concession agreement will be officially signed before the end of this month.