Iloilo, Aklan, Bacolod new airports part of P94.37 B MTIP
The three new airports in Iloilo, Aklan and Bacolod which are set for completion this year is part of the thirty-one priority airport projects costing P94.37 billion under the Medium-Term Public Investment Program (MTIP) of the Arroyo administration.
The three new airports are set to boost tourism and other economic activities in the region, said Secretary Cerge Remonde of the Presidential Management Staff.
Secretary Remonde said that five other airport projects, namely Casiguran, Bulan, Siargao, Ozamis and Cotabato Airports are also scheduled to be completed this year.
The Iloilo, Aklan, Bacolod and five other new airport projects worth some P15.5 billion would further promote tourism and likewise provide more efficient mode of transportation for passengers and agricultural products, Secretary Remonde concluded
Meanwhile, President Arroyo said that for the three years until the end of her term in 2010, the government will invest P1 trillion on infrastructure and social services programs to ensure that the Philippines will continue to be an attractive investment destination fort both foreign and local investors.
(T.Villavert/PIA)