Civil Aviation Authority of the Philippines (CAAP)
The project aims to upgrade airport facility in terms of increased capacity and improvement of safety and security facilities as prescribed in ICAO SARPS.
The project involves the phased development of Caticlan Airport:
Phase 1A
Phase 1B
Phase 2:
Php 2.51 Billion/USD 48.83 Million
Unsolicited
Contract-Add-Operate-Transfer (CAOT)
25 years
National
Transportation,Airport
Trans Aire Development Holdings Corporation
Phase 1A - completed and operational
Phase 1B and 2 - ongoing construction
As of September 2023, construction is 54.19% complete.