The National Economic and Development Authority (Neda) Investment Coordination-Cabinet Committee has approved the 24-month loan validity extension for the Laguindingan Airport Development Project of the DOTC.

The DOTC sought for a two-year extension of the Korean Export-Import Bank loan and the Economic Development Cooperation Fund counterpart for the Laguindingan Airport project. The project schedule was revised to accommodate activities for the air navigation component of the Lagundingan Airport. This component is targeted for completion in September 2013 for the airport to start operating by December of the same year.

SOURCE

 

  • danfabs

    HIIIIIIIIIIII….. SINABI KONA PAG KATAPOS NG ELEKSYON NANAMAN YAN BAKIT ANG HABIT NG POLITIKA SA ATIN GANOON HAHANAP LANG NG PARAAN PARA MAKA LOSUT YAN ANG SINASABING TWED NA DAAN OR ANG DATING DAAN TINGNAN NYO ANG AIRPORT NDE GINAMIT LOOKING VERY OLD NA…. AY NAKO 

  • titojohn

    You are going to have an old airport terminal that will have many problems from sitting idle for so long waiting for opening. Anybody remember NAIA 3? What are the folks in charge thinking? Look at those jetways, they looks like they are ready to go now, but how about in December 2013?

  • Bisakool

    We can make any conclusion of what’s going on to this project until we know the details. Like any other big projects there are so many issues that the outsider doesn’t aware of, which are perhaps more on contractual issues or loan concessions. The new forecast completion I think is a pessimistic given the scenario of at least 12 to 18 months delivery of materials plus the installation which could take at least another 6 months including site acceptance test and commissioning.

  • miko_06

    terminal is too small for a 5th busiest airport…IMO

  • nature

    folks do u think d airport will open this year?it!ll not happen sad to say that .

  • luibars

    How sure u are?

  • Gene Eric

    Roadside near the airport widened.  Cliff face bulldozed.

  • sky

    the airport will not be opened by 2013 buddies.its far beyond of your expectation.

  • goldenskyscraper

    You wish… Lol

  • akolapulapu

    Hey guys, come on, we have been waited this small project for 25 years, in my opinion, this airPORK will never open actually!

    • goldenskyscraper

      Okiemz