DBM allots P3 billion for upgrade of 8 airports
The Department of Budget and Management has allocated P3 billion for the rehabilitation and modernization of eight airports across the country, the agency said on Thursday.
The Tacloban City Airport will get the biggest chunk of the budget with P1.42 billion, according to the DBM, followed by the Laoag International Airport (P785 million), Antique Airport (P500 million), and New Zamboanga International Airport (P200 million).
The DBM allotted P80 million for the Bukidnon Airport, P50 million for Vigan Airport, and P15 million for M’lang Airport in Cotabato.
However, the Ninoy Aquino International Airport—the country’s biggest international airport and the country’s main gateway—will get only P43 million for its rehabilitation.
Budget Secretary Amenah Pangandaman said that funding these airport improvements is in accordance with President Ferdinand Marcos Jr.’s directive to improve the country’s mobility and connectivity.
“This budgetary allocation seeks to support the construction, rehabilitation, and improvement of the country’s transportation infrastructure, particularly in the aviation sector,” she said.
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