Engineering firm Chiyoda-Mitsubishi, a Japanese joint venture, is set to start building a Php 7-billion worth New Bohol Airport in Panglao Island. The project will commence in June and is expected to be completed within thirty (30) months or in 2017 to early 2018, says Department of Transportation and Communications.
DOTC, Chiyoda and Mitsubishi held the ceremonial signing Wednesday, May 29.
“Tourists in Bohol continue to grow each year that passes. Unfortunately, the current airport may not be able to accommodate the increase over time,” DOTC chied Jun Abaya said. “This gives us the need to cater to the increasing number of tourists and this means modernizing and expanding the airport with a design that is of international standards.”
The said airport, tagged as world-class and eco-friendly, will replace Tagbilaran Airport. “The airport will have environmentally friendly and energy saving features such as the installation of LED lights,” DOTC said. “To add to that, only the pre-departure area will have air conditioning, operating with solar powered energy while the rest of the areas will be open.”
“The New Bohol Airport will include facilities such as 2000-meter runway, passenger terminal building which can accommodate 1 million passenger annually, and airport special equipment,” Mitsubishi said.
Chiyoda and Mitsubishi’s first joint venture project is the Ulaanbaatar International Airport project in Mongolia which is now under construction.