Airport type Public | Location Panglao, Bohol | |
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Operator Civil Aviation Authority of the Philippines Serves Panglao, Tagbilaran and Dauis in Bohol Address Panglao, Bohol, Philippines | ||
New bohol international airport panglao island international airport
Panglao Island International Airport also known as New Bohol International Airport or Tagbilaran International Airport is an airport to be built on Panglao Island in the province of Bohol, Philippines. It is intended to become Bohol's international airport to support its tourism industry, especially on Panglao Island which is being promoted as an alternative destination for Boracay Island, When PIIA is opened, it will replace Tagbilaran Airport.
Contents
- New bohol international airport panglao island international airport
- History
- Development and Construction Cost
- References
The airport is close to Tagbilaran Airport in Tagbilaran which serves as the gateway to Panglao Island and the rest of mainland Bohol for domestic air travellers. It also is less than one hour travel time from Mactan-Cebu International Airport, which is a gateway to the Central Philippines for international tourists.
History
In September 4, 2012, the NEDA Board of the Philippines approved a resolution giving the green light for the construction of the airport. The proposed airport was to be funded through Official Development Assistance (ODA) instead of the Public-Private Partnership (PPP), an infrastructure-building programme of the government of the Philippine wherein the private sector may participate in any of the schemes authorized by its build-operate-transfer law.
On March 27, 2013 , the Japan International Cooperation Agency signed an agreement with the Republic of the Philippines to build the Panglao Island International Airport at 10.78 billion yen under the project name New Bohol Airport Construction and Sustainable Environment Protection Project. The signing signaled the roll out for the construction of a new airport in the province of Bohol at an island adjacent to Tagbilaran Airport.
From its initial plan, the project was expected to finish in 2016 but has since then been moved to 2017 opening.
Development and Construction Cost
Initially, the airport's cost was pegged at ₱4.8 billion pesos to build but was later increased.
On June 9, 2014, six Japanese firms submitted bids for construction of the propose airport at a cost of ₱7.14 billion to be funded from official development assistance (ODA) loan from the Japan International Cooperation Agency. On December 15, 2014, the Department of Transportation and Communications started its search for bidders to bid out for the operations and maintenance of the airport at a minimum cost of ₱4.57 billion.
The Department of Transport initially planned to award a concession for the operating and maintenance of the airport in combination with two other regional airports. However, in February 2017 the DOTr published an announcement that the project will be tendered as a stand alone concession, targeting the selection of a contractor in early 2018.