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 V. Bautista, AIC President & CEO Cosette V. Canilao, and AIC Vice President-Head for Airports Business Rafael Aboitiz.
With a planned PHP 12.75 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.
About Aboitiz InfraCapital
Aboitiz InfraCapital, Inc., the infrastructure arm of the Aboitiz Group, aims to build purpose-driven infrastructure that spurs economic growth and improves lives. It develops Economic Estates as well as Water, Digital Infrastructure, and Transport & Mobility projects that enable businesses and uplift communities.
Aboitiz InfraCapital’s current business units include TARI Estate in Tarlac, LIMA Estate and LIMA Water Corporation in Batangas; Mactan Economic Zone 2 Estate, West Cebu Estate, and Mactan-Cebu International Airport in Cebu; Apo Agua Infrastructura, Inc. in Davao City, and Unity Digital Infrastructure, Inc. The company also has a minority stake in Balibago Waterworks System, Inc., the fourth-largest private utilities distributor in the country.
For further queries on this Press Release, please contact:
FRANZ JONATHAN G. DE LA FUENTE
Corporate Communications & Branding Manager
ABOITIZ INFRACAPITAL, INC.
