TRANSPORTATION Secretary Jaime Bautista said that at least nine regional airports are up for privatization due to lack of funds on the part of the government to support their...
TRANSPORTATION Secretary Jaime Bautista said that at least nine regional airports are up for privatization due to lack of funds on the part of the government to support their operational expenses.Among the regional airports being eyed include Bohol, Laguindingan, Iloilo, Puerto Princesa, Kalibo, Bacolod and Siargao.
'We will try to do a public-private partnership with the private sector and with the new implementing rules and regulations in implementing PPP laws, hopefully this will attract the private sector,' Bautista said.According to Bautista, the Department of Transportation is now in the process of talking to certain groups that have expressed interest and willingness to study the feasibility of joining the government in running these airports.
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