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Manila Bulletin devider Business devider Aboitiz Infrastructure taps Irish firm as partner for airport bids

Aboitiz Infrastructure taps Irish firm as partner for airport bids

Published Mar 30, 2019 12:00 am
By Emmie V. Abadilla Aboitiz infrastructure business unit Aboitiz InfraCapital, Inc. has contracted Irish airport operations firm daa International for the future upgrade, expansion, operations and maintenance (O&M) of the Bohol-Panglao and Laguindingan Airports. daa International is the global airport operations management subsidiary of Ireland’s Dublin Airport Authority with over 75 years experience in airport management ownership and development. It is engaged in airport management and development growth, routes development, international travel retail, as well as associated aviation services. “The Philippines represents a new environment with great potential and promise for us," daa International said in a statement. "It fits perfectly with our model and long term strategy of sharing international and regional airport management and operational expertise." daa International operates Ireland’s main gateway Dublin Airport which accommodates about 31 million passengers, along with the award-winning Cork Airport, a regional airport which can accommodate 2.3 million passengers. In total, over 85 million passengers travel through the company’s airports worldwide including Terminal 5 in Riyadh and several other investments across Europe. The European operator executes project design, execution and operations to retail. Specifically, it will review and optimize the airports’ O&M plans, define and document processes, train personnel, support the airports’ long-term development, and assist in the implementation of “connected” and “green” airports. Recently, Aboitiz InfraCapital was granted “original proponent status” for its unsolicited proposals to upgrade, expand, operate, and maintain the Bohol-Panglao International Airport and Laguindingan Airport in Laguindingan, Misamis Oriental. Passenger traffic at Laguindingan Airport has been above the airport’s design capacity of 1.6 million passengers per year from the time the airport began operations in 2013, based on statistics from the Civil Aviation Authority of the Philippines (CAAP). In 2018, an estimated two million passengers passed through this airport. Meanwhile, the Bohol-Panglao International Airport is bracing for similar congestion level. According to airport consultant ICF, tourism in Bohol has grown at an impressive annual rate of 25.2% from 2011 to 2017, and by 30% from 2016 to 2017, reaching an estimated 1.3 million tourists. Panglao is the most popular tourist destination in Bohol, welcoming 704,000 tourists in 2017. Aboitiz InfraCapital’s proposed improvements to the Bohol-Panglao International and Laguindingan airports will result in efficient passenger flow within the airport terminals, a better retail and dining experience, and increased flight destinations with reduced congestion at the terminals. Aboitiz InfraCapital (AIC) undertakes all of the infrastructure and infrastructure-related investments of the Aboitiz Group. Aside from AIC, the Aboitiz Group’s other infrastructure units include Republic Cement and Building Materials, Inc., Aboitiz Equity Ventures, Inc.’s (AEV’s) partnership with CRH plc, and Apo Agua Infrastructura, Inc., a joint venture between AEV and J.V. Angeles Construction Corporation to build one of the country’s largest private bulk water supply projects.
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