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CAAP: Upgrade regional airports via PPP
The Philippine Star
|December 19, 2024
The government's airport operator has called for the acceleration of efforts to improve gateways in the region, backing the Marcos administration's push to do it with the private sector.
The Civil Aviation Authority of the Philippines (CAAP) yesterday said it stands ready to partner with private firms in undertaking rehabilitation works on provincial airports.
This means that CAAP is also prepared to let go of its role as operator in airports that would be turned over to the private sector through public-private partnerships (PPP).
CAAP director general Manuel Antonio Tamayo said the agency supports any and all programs that would raise the capacity of airports for future demand. He believes that upgrading gateways, particularly in the countryside, would contribute to investment and tourism growth.
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