The Public-Private Partnership (PPP) Center has issued a Request for Proposals (RFP) to upgrade, expand, operate, and maintain the Bohol-Panglao International Airport located in Panglao, Bohol, Philippines.

The project is estimated to cost PHP 4.53 billion (US$ 78 million) and will be contracted for a 30-year term. Aboitiz InfraCapital has submitted an unsolicited proposal. The National Economic and Development Authority (NEDA) Board, along with the Department of Transportation, will negotiate all proposals.

The project is part of the National Government’s Infrastructure Flagship Projects. It seeks to enhance regional connectivity, attract new airlines and international flights, expand capacity, and promote sustainable and efficient operations. Additionally, it aims to develop commercial services within the terminal and surrounding areas.

Challengers must submit their Qualification Documents, Technical Proposals, and Financial Proposals as one bid package no later than November 11, 2024. Additional details regarding this tender can be accessed through our Business Opportunity page here.