Aboitiz InfraCapital—the infrastructure arm of the Aboitiz family’s Aboitiz Equity Venture has won a contract to upgrade and operate an international airport in southern Philippines.
The company will spend 12.8 billion pesos ($226 million) to upgrade the Laguindingan Airport in Misamis Oriental, a province on the southern island of Mindanao. The 30-year contract to operate the airport is expected to be signed with the government by the end of this month, it said.
Laguindingan International Airport artist impression image by InfraCapital
Location: Laguindingan, Misamis Oriental, Philippines
Read more here: https://www.forbes.com/sites/iansayson/2024/10/04/philippine-billionaire-aboitiz-family-wins-226-million-airport-project/