Republic of the Philippines

Public-Private Partnership Center

Cagayan North International Airport Project (Lal-lo Airport Project)

Project Brief
Implementing Agency

Cagayan Economic Zone Authority (CEZA)

Project Description

The principal purpose of the project is to design, construct, develop, operate and maintain an international airport to service the air transport and cargo needs of residents, visitors and businesses in and contibute to the hastened economic development of the Cagayan Special Economic Zone and Freeport (CSEZFP) and the rest of Region 2 in the Philippines.

Project Cost

Php 1.657 Billion

Procurement Mode

Unsolicited

PPP Structure

Joint-Venture Agreement (JVA)

Cooperation Period

50 Years (2009-2059)

Region

  • REGION II - CAGAYAN VALLEY

Sector

Transportation,Airport

Private Proponent

Cagayan Land Property Development Corporation

Status

Operational