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Iloilo airport upgrade proposal up for NEDA approval

December 18, 2024

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The Philippine Star

The proposal to upgrade the Iloilo airport is set to be submitted for approval of the National Economic and Development Authority Investment Coordination Committee (NEDA ICC), following successful negotiations between the government and Prime Asset Ventures Inc. (PAVI) of the Villar group.

- By LOUELLA DESIDERIO

Iloilo airport upgrade proposal up for NEDA approval

Public-Private Partnership (PPP) Center deputy executive director Jeffrey Manalo told reporters that there was a successful negotiation for the project as of Sept. 16.

"So the next step is they will have to submit it to the appropriate approving body," he said.

With the project estimated to cost over P20 billion, the project will have to be submitted to the NEDA ICC.

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