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Privatisation of Coron and Siargao Airports: What Travellers Can Expect
The government is taking steps to privatise the operations of key airports in Coron and Siargao as part of its Public-Private Partnership (PPP) program. The move is seen as a way to improve and expand the country’s airport infrastructure, with both the Udenna Group and the Gokongwei Group submitting proposals to take over the operations of these popular tourist gateways.
Also read: PAL Announces New Clark-Siargao Direct Flights This December
Image credit: (L-R) lemaret pierrick, Oneinchpunch via Canva Pro
The PPP Center is currently evaluating proposals worth a combined ₱2 billion for the management of Francisco B. Reyes Airport in Coron and Sayak Airport in Siargao. This signals the Marcos administration’s push for more private sector involvement in the aviation sector, aiming to boost airport efficiency and capacity to handle rising tourism demand.
The Udenna Group, owned by Davao businessman Dennis Uy, has submitted a ₱1.35 billion unsolicited proposal to manage the operations of Francisco B. Reyes Airport and the future New Busuanga Airport. The project will initially focus on managing the existing airport facilities, with plans to take over operations when the airport moves to a new location to accommodate larger capacities.
This proposal includes handling the landside operations of the airport, ensuring smoother passenger services. The Department of Transportation (DOTr) has plans to relocate the current airport to a larger site to handle increasing tourist traffic, making this a significant upgrade for travellers heading to the scenic destinations in Coron.
Meanwhile, the Gokongwei Group, through its JG Summit Infrastructure Holdings Corp., is leading a consortium to manage Sayak Airport in Siargao. The consortium, which includes Philippine Airport Ground Support Solutions Inc. and Asian Infrastructure and Management Corp., submitted a ₱860 million proposal to operate the airport. Their plan includes expanding the passenger terminal to accommodate the growing number of tourists heading to the island known for its surfing spots and natural beauty.
This push for privatisation follows the DOTr’s approval of the ₱12.75 billion concession for Laguindingan Airport, awarded to Aboitiz InfraCapital Inc. (AIC). AIC, which already manages Mactan-Cebu International Airport, is also expected to handle Bohol-Panglao International Airport pending approval. Further plans to privatise Iloilo, Puerto Princesa, and Kalibo airports are set for next year.
The largest project under the DOTr’s airport upgrade initiative is the ₱170.6 billion rehabilitation of NAIA, which was recently awarded to New NAIA Infrastructure Corp., led by San Miguel Corp. This massive project is part of the government's ₱207.66-billion airport upgrade plan aimed at improving connectivity and boosting tourism across the Philippines.
Also read: 10 Airbnbs in Coron That Are the Epitome of ‘Island Life’
With the plans for privatisation of Coron and Siargao airports, travellers can expect better services and facilities at some of the country's busiest airports. The goal is improving the overall travel experiences and contributing to the growth of the tourism sector.
Featured image credit: Oneinchpunch via Canva Pro
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