Connect with us

Hi, what are you looking for?

Captain Of Success
Top Stories

Stock Markets

Busuanga, Camiguin airport upgrades budgeted for nearly P836 million combined

Busuanga, Camiguin airport upgrades budgeted for nearly P836 million combined – BusinessWorld Online


      
      
      
      
      








CAAP.GOV.PH

THE Department of Transportation (DoTr) is allocating up to P835.9 million to upgrade airports in Busuanga, Palawan and Camiguin province.

In bid notices released on Wednesday, the DoTr is inviting interested parties to participate in the P661.38-million Busuanga Airport development project and the P174.60-million Camiguin Airport development project.

The DoTr said the Busuanga project covers the construction and paving of a new runway.

Interested parties will have until Sept. 15 to submit their bids, it said.

“Completion of the works is required within 420 calendar days, inclusive of pre-determined unworkable 30 days,” the DoTr said, noting that bidders should have completed similar projects to qualify in the bidding.

Busuanga Airport, also known as the Francisco B. Reyes airport, is the gateway to Coron, Palawan.

The DoTr allowed 180 calendar days to redevelop the airport at Camiguin, an island province off northern Mindanao, with works including the correction of the runway center slope profile.

Bidders also have until Sept. 15 to submit their proposals.

The DoTr last year said it is allocating P14 billion to fund the upgrade and development of regional airports amid growing demand for air travel. — Ashley Erika O. Jose

CEDTyClea





    You May Also Like

    Finance

    Shadow Scottish secretary Andrew Bowie has called for an urgent policy review on North Sea oil and gas, following comments by former US President...

    Finance

    It’s 3pm on a Friday. If you’re working from home, there’s a growing chance you’ve already shut your laptop, set your Teams status to...

    Finance

    Microsoft has become the second publicly traded company in history to reach a $4 trillion market valuation, propelled by booming demand for artificial intelligence...

    Stock Markets

    Online gambling restrictions still on the table, DoF says – BusinessWorld Online                                    ...

    Disclaimer: CaptainOfSuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.