The Manila International Airport Authority announced that it will invest P3 billion to build the much awaited Panglao International Airport in the province of Bohol.
According to Tirso Serrano, assistant general manager for airport development and corporate affairs, the consultancy firm TGCI Engineers had completed the feasibility study while Phil JAC Inc. had been commissioned to do the new airports detailed design.
The agency, which has administrative control and supervision over all international airports, said it would also help upgrade and build Caticlan Airport, the gateway to the resort island of Boracay.
For his part, general manager of the airport agency Alfonso Cusi,, said that the Ninoy Aquino International Airport has increased its capacity to 32 million passengers a year with the opening of Terminal-3.
The agency also disclosed plans to expand the terminal to better handle the increasing passenger traffic.
