The first National Economic and Development Authority (NEDA) Board meeting of the Aquino government saw the approval of the financing of the air navigation facilities for the ongoing Laguindingan Airport Development Project.

The NEDA Board approved the financing of the P755.24 million air navigation facilities of the Department of Transportation and Communication’s Laguindingan Airport Development Project.

The Korean Export-Import Bank (KEXIM) will finance P629 million of the cost of the navigation facility, while the government will fund P126.24 million.

Facebook Comments