Funding for 8 airport projects assured

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The Department of Budget and Management (DBM) has assured funding of at least eight airport projects under the 2023 budget.

In a statement yesterday, the DBM said among the airports with budget allocations for repairs are the Laoag International Airport (P785 million), Tacloban Airport (P1.42 billion), Antique Airport (P500 million), Bukidnon Airport (P80 million), Ninoy Aquino International Airport (P43 million), New Zamboanga International Airport (P200 million), Vigan Airport (P50 million) and M’lang Airport (P15 million).

“This budgetary allocation seeks to support the construction, rehabilitation and improvement of the country’s transportation infrastructure, particularly in the aviation sector,” Amenah Pangandaman, budget secretary, said.

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“When we say transport infrastructure development, this does not only mean building or improving railways or road transport. It also means the improvement and rehabilitation of airports. That is why, for 2023, we made sure that various airports in different regions across the country would be getting their needed funds, as their development will propel growth in different sectors, such as trade, employment and tourism,” she said. – Angela Celis

 

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