Miscellaneous and non-defense topics > Airports and Civil Aviation

New Bohol (Panglao) International Airport (ICAO: RPSP)

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Priority airport projects seen to vitalize PH aviation industry
Published On October 31, 2018


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Construction of new airports

With a 2.1-kilometer runway to accommodate heavier aircrafts, the Lal-lo International Airport in Cagayan commenced operations last March 2018. With this, the airport is now capable of catering to commercial jet aircrafts and other heavier aircrafts, besides chartered flights. The Cagayan Economic Zone Authority (CEZA) also aims to fast-track the construction of the remaining runway facilities for smoother and safer flights.

Meanwhile, the the Bohol Panglao International Airport is scheduled for inauguration on November 22, 2018.

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--- Quote from: adroth on December 03, 2019, 07:09:01 AM ---NEDA board confirms ICC approval of 7 new projects worth P187.34B
Posted at Nov 29 2019 07:19 PM


MANILA - The National Economic and Development Authority on Friday said its board confirmed the Investment Coordination Committee's approval of 7 new projects worth P187.34 billion on Nov. 29.

The newly approved list of projects includes the Davao Public Transport Modernization Project, Unsolicited Proposal for the New Bohol Panglao International Airport, and the Unsolicited Build-Operate-Transfer (BOT) Proposal for the Ninoy Aquino International Airport, NEDA said in a statement.

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Cost overruns nearly triple on inflation, project tweaks
By Cai Ordinario -
February 3, 2020


HIGH inflation and project changes caused the government’s cost overruns to more than triple in 2018, according to the latest data released by the National Economic and Development Authority (Neda).

Based on the Neda’s Official Development Assistance (ODA) Portfolio Review 2018 report, total cost overrun—additional costs over and above the Investment Coordination Committee (ICC)-approved project cost—increased to P24.79 billion in 2018, or a 264.02-percent growth from P6.81 billion in 2017.

It may be noted that inflation in 2018 averaged 5.2 percent with September and October posting the highest inflation rate of 6.7 percent in the year.
“Agency requests for cost-overruns undergo the ICC review process, mainly to determine whether the project continues to be economically viable. In 2018, the ICC received seven [7] requests for increase in cost due to change in scope and domestic inflation,” Neda said.

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Other projects

Other projects which posted cost increases were the New Bohol Airport Construction and Sustainable Environment Protection with a P3.08- billion (39.57-percent) increase to P10.85 billion and the Flood Risk Management Project in Cagayan River, Tagoloan River, and Imus River Project, 34.32 percent or P1.92 billion to P7.5 billion.

The list also includes the Pasig-Marikina River Channel Improvement Project—Phase III which saw its cost increase by 19.66 percent or P1.48 billion to P9.03 billion and the Philippine Rural Development Project (PRDP), which saw a P4.83-billion increase (17.54 percent) in cost to P32.36 billion.
The PRDP may have posted the lowest cost increase in the list but it had the highest price tag among the projects that saw higher costs in 2018.
“[The PRDP cost] increase (was due to an increase) in civil works cost due to adherence to specifications set by DPWH on construction of roads—including FMRs [farm to market roads],” Neda said.

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