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Despite the endorsements, the NEDA, citing an internal rate of return below the set "hurdle rate" of fifteen percent and the impossibility of acquiring some 415 hectares (1,030 acres) of land for the project in one year, rejected the airport proposal in February 1998, [25] and the project was subsequently excluded from the 1998 development ...
Civil Aviation Authority of the Philippines: ... Part of the development project is the construction of the new terminal building and the extension of the runway from ...
The 54 hectares (130 acres) airport is classified as a community airport by the Civil Aviation Authority of the Philippines, an attached agency of the Department of Transportation that is responsible for the operations of not only this airport but also of all other airports in the Philippines except the major international airports. [3]
In February 2017, San Miguel Corporation proposed the construction of an airport with two parallel 3.5-kilometer (2.2 mi) runways under a BOT scheme. [15] The National Economic and Development Authority (NEDA) Board approved the unsolicited proposal on April 26, 2018 [16] and negotiation report on the Concession Agreement (CA) on December 21 ...
The entertainment hub is a project initiated by state-run Clark International Airport Corporation (CIAC), which is an attached entity to the Bases Conversion and Development Authority. Conceptualized in October 2023, [2] it is to be developed through a public–private partnership with investors expressing interest as early as November 2023. [3 ...
The name is derived from the former American Clark Air Base, which was the largest overseas base of the United States Air Force until it was closed and handed over to the Government of the Philippines in 1991. The airport is managed and operated by Luzon International Premier Airport Development (LIPAD) Corp., a consortium of JG Summit Holdings ...
Regulation of airports and aviation in the Philippines lies with the Civil Aviation Authority of the Philippines (CAAP). The CAAP's classification system, introduced in 2008, rationalizes the previous Air Transportation Office (ATO) system of airport classification, pursuant to the Philippine Transport Strategic Study and the 1992 Civil Aviation Master Plan. [1]
Mactan–Cebu International Airport (MCIA) (IATA: CEB, ICAO: RPVM) is the main international airport serving Metro Cebu; it serves as the main gateway to the Central Visayas region in the Philippines. Located on a 797-hectare (1,970-acre) site in Lapu-Lapu City on Mactan, it is the second busiest airport in the Philippines. [3]