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Friday, January 11, 2008

Travel News: 4.17B Panglao Airport Project

The National Economic and Development Authority Board has approved a P4.17-billion project to build an airport in Panglao, Bohol.

In a statement released Thursday, NEDA said the airport supports the government's thrust to make Central Philippines a major tourist destination.

"The Panglao Airport Development Project... envisions opening up Central Visayas to more economic activities as well as enhancing the tourism potential of Bohol," NEDA said.

"This is expected to reduce travel time and cost of transporting goods and people. The project will also serve as a gateway for major tourist destinations in Bohol from other parts of the country and abroad," it added.

The proposed airport will be built on 216 hectares of land approximately 15 kilometers from Tagbilaran City, and will have a runway of 2,500 meters by 45 meters and passenger and cargo terminal buildings.

The project will be funded wholly by government funds from the Manila International Airport Authority, the Department of Transportation and Communication and some of its attached agencies, and the Department of Tourism. It will be jointly implemented by the DOTC and the MIAA.

The project is expected to start July this year and finish by April 2010

From: GMANEWS.TV

7 comments:

Annie said...

If I lived on an island, a new airport would be the most wonderful addition to my world, unless I had time to take a ship wherever I wanted to go, of course.

GMG said...

Amazing that you're talking airports; the most incredible discussion that was going on last six months in Portugal was about the location of the new Lisbon international airport; to be ready by 2017... ;))
Have a great day!

kegler747 said...

Just got back from Panglao a week ago. I hope they just develop the Tagbilaran City Airport and leave Panglao alone... I don't want what happened to Boracay's commercialization after the opening of the Caticlan Airport to happen to Panglao. I love the Bora 10 years ago more than the present Bora.

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