Philippines, a rapidly developing market in airport industry in recent years. Data from the Guide to Sleeping in Airports, 4 Philippine Airports Among Top 30 Best In Asia 2016, Iloilo International Airport at ranked 12th place from 21st, Mactan-Cebu International Airport at 14th from 18th followed by Clark International Airport at 15th from 24th and the Davao airport which is a novice at 26th. As opportunities and challenges coexisting, what will happen next? What to do for bette and how to make it happen?
The third Philippine Airport Modernization & Expansion Summit gathers high level executives from government officials; airport authorities; terminal operators; architects; construction contractors; leading technology solution providers and investors in a focused 2-day program. Panel discussions and presentations will elaborate investment strategies, commercial challenges, operational efficiency and updated technologies required for guaranteeing customer satisfaction and success.
The Duterte Administration’s BUILD BUILD BUILD Program is by far the biggest infrastructure program in Philippine history with an unprecedented 5-year budget from 2017-2022 of USD 180 Billion or Php 9 Trillion. One of the key priority areas in the BUILD Program is aviation infrastructure development translating to an estimated USD 9 Billion in airport—both improvement and expansion of existing airports and new build projects. Capitalizing on these ongoing developments and in anticipation of future aviation infrastructure investment opprtunities, the 3rd Philippine Airport and Modernization Summit will bring together the country's principal regulators and key investment managers to be led by the Department of Transportation (DOTr) and the National Economic and Development Authority (NEDA) as well as key policy makers in the global aviation industry such as the International Air Transport Association (IATA) and the International Civil Aviation Organization (ICAO). These key regulators will be joined by thecountry's leading stakeholders and investors in the commercial aviation sector such as the PAL, Cebu Pacific and principal proponents for airport development namely the seven-member conglomerates of the super consortium proposing to develop the Ninoy Aquino International Airport.
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