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Allianz PNB Life Partners with eSakay in Promoting an Environmentally-Sustainable Way to Commute

November 3, 2019

Allianz PNB Life, the world’s most sustainable insurer for three years running, recently partnered with eSakay to launch seven Electric-jeepneys (or E-jeepneys) that currently ply the Makati and Mandaluyong routes. “Allianz has always been supportive of environmental sustainability. Through these E- jeepneys, we are offering Filipinos cleaner and greener alternatives to get to their destinations within two major business areas in Metro Manila,” said Allianz PNB Life President and Chief Executive Officer Alexander Grenz. eSakay is the electric vehicle unit of Manila Electric Co. (Meralco), and they introduced E- jeepneys back in 2010, according to its operations head, Yuri Sarmiento. “At that time, we started the Green Route here in Makati, covering Legaspi and Salcedo Village. We initially had three vehicles that provided free rides. Now, we are glad that with the help of companies such as Allianz PNB Life, we are able to sustain our efforts in transitioning to green alternatives of mass transportation,” Sarmiento said. He added that the initial objective for the deployment was to present an alternative techno- logy to run vehicles that can help address the problem of air pollution. “In the Philippines, we have 5,000 deaths every year due to environmental diseases, and 70% of our CO2 emission comes from mobile vehicles. If we cut down the emissions, we can also cut down the pollution problem in the country, especially here in the city,” Sarmiento added. More Sustainable Way of Doing Things Grenz said that the E-jeepney is just one of Allianz PNB Life’s corporate social responsibility activities that is focused on the environment. “As a global company, Allianz has always been mindful about its impact on the communities it serves, especially today with the threat of climate change. We are glad to have found a partner in eSakay to promote our message of environmental sustainability, and we are looking forward to launching more projects that will lead to a healthier planet,” Grenz concluded. The Allianz Group achieved the top position among all rated insurance companies in the Dow Jones Sustainability Index (DJSI) for the third time in a row since 2017. The DJSI is one of the world’s most recognized sustainability ratings. In its assessment, it considers a wide range of economic, environmental and social topics, such as human resources programs, executive compensation, tax policies, shareholder rights, compliance and anti- corruption programs, environmental management and performance, corporate social engagement, customer satisfaction, among others. Allianz PNB Life Insurance, Inc. 9th Floor Allied Bank Center 6754 Ayala Avenue cor. Legaspi Street Makati City, Philippines Phone: (632) 818-LIFE (5433) Fax: (632) 818-2701 www.allianzpnblife.ph [Type text] [Type text] [Type text] Comfort and Tech Features Comfort and Tech Features Apart from being environmentally friendly, the E-jeepneys also offer a more comfortable way to travel. Each vehicle can seat 23 people and accommodate 8 to 10 people standing. Each vehicle is equipped with a dash cam, GPS tracking system, and CCTV cameras to ensure passengers’ safety. It also comes with multiple fans and offers its passengers internet access. The vehicles also come with USB ports, so there is no need to worry about phone batteries running low for passengers onboard. “We are also developing software that would allow passengers to download an app so that they can monitor the vehicles,” Sarmiento said. eSakay will soon be launching an electronic payment system as well. Currently, passengers pay their fares in cash. The minimum fare is PhP9, the same as that of regular jeepneys. Apart from the Makati and Mandaluyong routes, there are plans to bring the E-jeepneys to Pampanga next year. About Allianz The Allianz Group is one of the world's leading insurers and asset managers with more than 92 million retail and corporate customers. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance.  Allianz is one of the world’s largest investors, managing around 673 billion euros on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage more than 1.4 trillion euros of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we hold the leading position for insurers in the Dow Jones Sustainability Index. In 2018, over 142,000 employees in more than 80 countries achieved total revenues of 131 billion euros and an operating profit of 11.5 billion euros for the group These assessments are, as always, subject to the disclaimer provided below. Cautionary note regarding forward-looking statements The statements contained herein may include prospects, statements of future expectations and other forward-looking statements that are based on management's current views and assumptions and involve known and unknown risks and uncertainties. Actual results, performance or events may differ materially from those expressed or implied in such forward-looking statements.

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Security Bank optimistic on sustained regional growth in Mindanao

October 23, 2019

Security Bank Corporation (SBC) held the final leg of its first economic forum roadshow in the gateway of Northern Mindanao and brought together experts who highlighted key areas for sustainable and inclusive development in the region. The symposium also marks the bank’s fifth and last economic forum for 2019. Security Bank continues to see promising investment opportunities in Mindanao with the region’s impressive economic growth, which spurred demand for several infrastructure projects and real-estate developments in the area. “We always keep a close eye on the exciting developments in Mindanao. Since 2016, there has been a gradual increase in GDP share of the region. More economic hubs in Asia, especially Southeast Asia, look at Mindanao as an investment destination in the South,” said Security Bank Assistant Vice President and Chief Economist Dan Roces.  Host city Cagayan de Oro (CDO) has been tagged as one of the most competitive cities in the country, as well as a growth-driver of Northern Mindanao. Dubbed as a city of trade links in the South, CDO makes for a strategic choice for businesses, as it is an entry point of goods to over 22 million consumers and serves as the most efficient exit for Mindanao’s agricultural and industrial products. Earlier this year, its gross regional domestic product increased by 7.0% from 2018, owed to the accelerated growth of their service and industry sectors. Security Bank President and CEO Sanjiv Vohra said, “Security Bank has an active presence in Mindanao. Today's economic forum is a testament of our continued support in the region.” Vohra, who visited Davao last month, also expressed how the region’s success in its industries has contributed to the economic growth of the country. “CDO has continued to impress with the city’s ability to support transportation infrastructures (land, sea and air facilities), economic zones, and other economic support structures from both government agencies and the private sector. The city has been able to offer more employment opportunities contributing to the South’s overall growth. Security Bank is here to support the continued progress of Mindanao’s 2nd largest city, through our 4 branches in CDO out of 30 in Mindanao,” Vohra added. Topics covered during the forum included Cagayan de Oro’s investment and development potential, challenges to economic policy in Mindanao, and Mindanao’s position in relation to the Philippines, the ASEAN, and the rest of the world. The forum showcased comprehensive presentations from Jhon Louie Sabal, Faculty member of the Department of Economics at Xavier University; Romeo Montenegro, deputy executive director of Mindanao Development Authority; and Robert Dan Roces, assistant vice president and chief economist of Security Bank. Security Bank has organized a series of fora in five emerging business centers across the country to provide in-depth discussions on Philippine economic growth and investment climate – both from economic and political perspectives. This roadshow is just one of the many ways the bank has supported national development initiatives, especially in key growth areas. The bank has actively supported businesses, including small and medium enterprises, in Mindanao, and has created opportunities through its diverse portfolio of products and services. Aside from its client-centric initiatives, Security Bank has also brought its BetterBanking promise closer to different communities through various corporate social responsibility (CSR) projects. To date, Security Bank Foundation, Inc., the bank’s CSR arm, has turned over 111 classrooms to 21 schools, and has trained 384 teachers in Mindanao as part of its “Build A School, Build A Nation: The Classrooms Project” program. Over the years, Security Bank has maintained a constant presence in Mindanao in line with its transformative, long-term mission to enrich lives, empower business and build communities.

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Johndorf unveils latest CDO offering Orchard District

September 27, 2019

ORCHARD District – the latest offering of Johndorf Ventures Corporation in uptown Cagayan de Oro City – was introduced to the public last Thursday (September 26, 2019) via a ceremony at Limketkai Luxe Hotel here. According to president and CEO Richard Lim, Orchard District is branded as a modern integrated township amidst a natural landscape. Encompassing Upper Balulang and Lumbia, Orchard District is in line with the city government’s vision of transforming uptown Cagayan de Oro into another growth area. Surrounded by mango orchards on one side and a ridge overlooking the scenic Cagayan River on the other, the aptly named 43-hectare Orchard District will have multiple residential and community retail options. The first residential development of the project is Videre, a 12-hectare planned subdivision with a choice of single attached or duplex homes. Inside will be a clubhouse with pool, a basketball court and other amenities. During the launch, Mayor Oscar Moreno thanked Johndorf Ventures Corporation for choosing uptown Cagayan de Oro in their latest investment. Moreno said the new growth area will feature a new extensive road network from the northern tip of Bukidnon going all the way to Laguindingan airport. He also praised Johndorf’s resiliency, noting that the company was founded in 1985 when the country was in an era of regional and national instability. From its humble beginnings in Iligan City then, the company has subsequently expanded its operations in other major cities in Mindanao as well as in Cebu City. Today, it is one of the top homegrown developers in Cebu and Northern and Southern Mindanao.

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USTP asks Italpinas help in developing green campus spaces

September 26, 2019

  THE University of Science and Technology of the Philippines (USTP) has inked a partnership with environment realty champions Italpinas Development Corporation to develop environmental-themed curricula as well as consult in transforming their campuses into more green-friendly spaces. The memorandum of understanding (MOU) signing was inked between Italpinas Development Corporation chairman and CEO Romolo Nati and USTP vice chancellor Consorcio Namoco Jr. last Thursday at the USTP Chancellor’s Office in its Cagayan de Oro City main campus along CM Recto Avenue. Namoco said they are looking forward working with Italpinas in the conduct of seminars and symposia related to green building technologies and sustainable urban development and innovation, participation in the enhancement and reviews of relevant curricular progams and conduct of collaborative projects, among others. In particular, Namoco said they are looking into the possibility pending Ched approval of offering a Master in Sustainable Development and Master in Public Innovation programs there. These programs, he pointed out, will try to lessen the gap between industry and academe. Italpinas will likewise be tapped to enhance the already environment-friendly main campus such as creating a rain catchment there which could be use to water the plants and toilets. The rain catchment would also serve as the university’s response to perennial flooding in the area. Namoco added that they will also be consulting with Italpinas on how to develop their 292-hectare soon to be campus in Alubijid, Misamis Oriental to make it environment friendly. For his part, Nati said they chose USTP as their partner since it is the premier educational institution in the region that is science-centric. “In our ten years of doing business in Cagayan de Oro, we thank the community for welcoming us. That is why we want to give back something to our host community,” he said.

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Laguindingan Airport Expansion PPP proposal expected approved by year end

September 24, 2019

The original proponent of the Public Private Partnership to expand the Laguindingan Airport (IATA: CGY, ICAO: RPMY) expects government to approve its proposal by the end of 2019. “Because of the National Development Authority – Investment Coordinating Council (NEDA-ICC) wanting us to copy the Operation and Maintenance (O&M) contract from Clark, we basically had to start from square one, rewrite the entire contract; we have submitted it to the Civil Aviation Authority of the Philippines (CAAP), they have approved it, and it is now being reviewed by the Department of Transportation (DOTr) before submission to NEDA ICC,” said Jose Emmanuel Reverente, VP-Aboitiz InfraCapital, Inc. (AIC) during a presentation during the 28th Mindanao Business Conference held recently in Iligan City. Aboitiz InfraCapital Vice President for Finance Jose Emmanuel Reverente presents  their vision of the check-in counters for the expanded Laguindingan Airport by 2022 under their P42.7 Bilion unsolicited proposal “Since we have copied the Bohol Panglao Airport proposal that has been approved by NEDA ICC Technical Committee, we are optimistic the revised Laguindingan contract will go through much faster,” he added. “We are very hopeful by the end of this year, the contract can be awarded to us after the Swiss Challenge process.” Last February 26, the Civil Aviation Authority of the Philippines (CAAP) granted AIC original proponent status (OPS) for its unsolicited proposal to upgrade, expand, operate, and maintain the Laguindingan Airport  for a 35-year concession period. Reverente said AIC use the lens of “infrastructure ecosystems” currently acting on the following spaces: airports, passive telecommunications infrastructure (common towers), water and sanitation to drive economic progress and uplift the lives of every Filipino. It is part of the NAIA consortium that aims to improve the NAIA, and Bohol Panglao International Airport. Regional Gateway AIC said the Laguindingan Airport is a strategic entry point into Northern Mindanao which has experienced tremendous growth over the past years and is progressively catching up with the more developed parts of the country. “As a regional airport serving Northern Mindanao and its adjacent regions, CGY/RPMY  has been serving six provinces, two highly urbanized cities and five component cities with an average of two million passengers annually for the last three (3) years,” said Ma. Teresa R. Alegrio, Region X Governor of the Philippine Chamber  of Commerce and Industry (PCCI), which has been instrumental in pushing for the airport’s immediate expansion.  “Laguindingan Airport has become an important logistic network for over 150 medium to large scale industries including four major thermal power plants, the Agus-Pulangi Hydroelectric Complex. 3 industrial parks, and emerging tourism destinations,” Alegrio noted.  “Our proposal to the national government is to run the Laguindingan International Airport including operations, maintenance, rehabilitation, and expansion over a 35 year concession,” Reverente said. “Our plan is to spend initially P4.2 billion pesos to expand the airport; and a total of P43-billion pesos over the concession period half for repairs/capital expenditure and the other half to maintain a high state of readiness of the capital assets,” he added. Immediate Expansion Reverente said the first phase of their plan calls for the immediate expansion of the terminal building. “It is not in our best interests to construct it over a long period of time. We will want to finish it as soon as possible, so we can have that capacity readily available. We prefer to build it in phases. An integrated PPP approach that allows us to build and operate the airport is the right combination so the P43-billion we would like to invest into the expansion  and maintenance,” he said. It’s one thing to build the infrastructure but another thing to maintain its operational readiness over the entire concession period, he stressed. Passenger Traffic Growth When it started operations in 15 June 2013, air passenger traffic at the Cagayan de Oro Lumbia Airport that Laguindingan Airport was designed to replace had already exceeded the 1.6 million design capacity of the new passenger terminal building (PTB). “To put it bluntly, the replacement airport was congested upon opening,” said a former DOTC official involved in its planning. When the passenger traffic exceeded 2 million annual passengers last year, the need for a larger terminal that could accommodate the current and expected passenger volume over the medium term became urgent and critical. On a year-on-year basis alone, the Civil Aviation Authority of the Philippines ( CAAP) figures for the past 10 years show passenger traffic at the Cagayan de Oro Lumbia Airport increasing at an annual rate of 8.7% from 902,133 in 2008 to 2,079,683in 2018 (doubling passenger volume every 8.5 years). The 11% increase in the number of flights from 2017 to 2018 (17,478 aircraft takeoffs and landings) was mainly responsible for the meteoric rise in both passenger and cargo movements.  “We expect passengers to rise from 2 million to almost 12 million over the 35 year concession period,” Reverente said. AIC Vision 2022 In his presentation, Reverente unveiled digital renderings of AIC’s Proposed Master Plan and how the CGY/RPMY airport would look by 2022 after the initial expansion phase. “For the first phase we plan to expand the existing terminal left and right to increase capacity to about 4 million passengers per year.  After initial expansion, passenger boarding bridges will be expanded to 5 from the present 3,” Reverente said. “Even without international flights and larger airplanes, the passenger terminal is not big enough so our first task is to expand the passenger terminal. We believe building the terminal first to accommodate the projected passenger traffic over the short term is the better use of capital at the start. When there are more passengers coming through the airport, then the next step is to extend the runway to accept larger aircraft which normally are required to fly longer distances.” Ultimate master plan will expand airport terminal to be able to accommodate up to 20 aircraft at any given time.  “Pre-departure and arrival areas, includes digital signage so check in counters are flexible and can be expanded or reduced depending on the number of flight departures for any given airline at any given time to expedite check in process.” Runway Extension However, DOTr Sec. Arthur Tugade announced last 15 July the proposed extension of the 2.1 kilometer runway to 2.4 or 2.5 kilometers is proceeding as planned. Tugade said the P250-million (M) budget for this project is already included in the 2020 National Expenditure Plan (NEP), which Congress wants approved before the year end. This was part of the Feasibility Study expansion proposal endorsed by the Regional Development Council for Region 10 (RDC-X) and approved by the NEDA Board in 2014. Rising Cargo Traffic The runway extension is also expected to address the recent growth in air cargo traffic which soared 44% from 2017 to 25,366 metric tons (MT) in 2018. Another factor expected to increase cargo traffic is the 105-hectare (ha.) Laguindingan Technopark now being constructed adjacent to the airport as part of Ayala Corporation’s Habini Bay mixed-use development covering Laguidingan and the adjacent municipality of Alubijid. Aboitiz InfraCapital Vice President for Finance Jose Emmanuel Reverente presents a rendering of their vision for the expanded Laguindingan Airport by 2022 under their P42.7 Bilion unsolicited proposal During a previous visit, executives of German logistics giant DB Schenker said such technoparks are expected to “drive massive airfreight” similar to what the Ayala’s Laguna Technopark did in Luzon. “If the runway is already extended, it is even more important for us to expand the passenger terminal. Our plans also include the refurbish and expansion of the cargo terminal. We believe if the airport is run as a commercial enterprise, we will be able to respond much more swiftly to changes in the economic environment without having to go through a multi-year NEDA process,” Reverente noted.   “As a private enterprise, Aboitiz will help market Northern Mindanao as a destination globally to assist marketing efforts of Dept of Tourism , DTI and other government agencies increase passenger and cargo traffic to Laguindingan Airport,” he added. 2020 DOTr Aviation Sector Budget During the recently concluded 28th Mindanao Business Conference, Cabinet Secretary Karlo B. Nograles confirmed DOTr had proposed  funding for the aviation sector amounting in the 2020 budget to P865 million for the development of airports and the upgrading of airport facilities. “Of this figure, P100 million will be allocated for the development of Laguindingan Airport. For the Surigao airport, based on the latest inspection, we believe we will be able to meet the November 2019 completion target for the initial 400-meter repair, and the full 700-meters by February 2020,” he added. DOTr will reportedly utilize the P100 million to start detailed engineering works and much needed repairs on the Laguindingan Airport as part of the P2.9 billion augmentation budget to fund its priority projects, including the development of four airports, the construction of the Pagasa Island port, and the implementation of the public utility vehicle modernization program. The DOTr originally allocated P400-million (M) for the terminal building expansion of the Laguindingan Airport, but this was reduced to P180-M, then again halved to P90-M, before being slashed altogether by the Department of Budget and Management (DBM) from the 2019 General Appropriations Act (GAA). However, the business sector lobbied strongly for the restoration of the reduced budget and the P90-M was eventually restored through a Congressional Initiative by Rep. Juliette Uy (2nd District, Misamis Oriental). Sources at the DOTr said a portion of the P90-M would be used for the Detailed Engineering (DE) of the proposed expanded passenger terminal building. The bidding process for an independent consultant to undertake the DE is now being processed and the contract is expected to be awarded by the latter part of 2019. The balance of the P90-M would used to rehabilitate dilapidated portions of the terminal building such as the comfort rooms. Even if the original P90-M would already be used up, expansion of the PTB would still continue with the proviso the funds used for this purpose would be reimbursed to the national government by the winning bidder for the PPP project to develop and expand the airport faculties. ”While we appreciate the P90M Congressional Initiative Fund restored by Rep. Juliette Uy, this amount is barely enough to refurbish the dilapidated areas including the poorly designed comfort rooms and malfunctioning elevators,” said Engr. Elpidio M. Paras, president of Promote Northmin Inc.  “Government should now fast track the entry of private sector companies to expand and improve all the facilities of Laguindingan so that it can already accommodate direct flights from regional and international destinations, including lengthening the runway to meet wide body jet aircraft,” he added.

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DOTr Allocates P100M for Laguindingan Airport Expansion in 2020 NEP

September 23, 2019

The Department of Transportation has allocated P100 million (M) for the expansion of the Laguindingan Airport ((IATA: CGY, ICAO: RPMY) in Misamis Oriental in the National Expenditure Program (NEP, or Budget) for 2020. This was confirmed by Cabinet Secretary Karlo B. Nograles during the recently concluded 28th Mindanao Business Conference in Iligan City. “For the 2020 budget, the DOTr proposed funding for the aviation sector amounting to P865 million for the development of airports and the upgrading of airport facilities,” Nograles said. “Of this figure, P100 million will be allocated for the development of Laguindingan Airport”. “The Laguindingan Airport Original Proponent Proposal is undergoing NEDA vetting and we believe that this will soon be approved,” he added.  DOTr previously allocated P90-M under its 2019 budget for the procurement of consultancy services for the preparation of detailed engineering and design for the expansion of the passenger terminal building. The Philippine Chamber of Commerce and Industry in Region X (PCCI-X) and its affiliate chambers and organizations passed a resolution a year ago requesting DOTr Sec. Arthur Tugade to prioritize the development and expansion of Laguindingan Airport within the next five years (2019-2023).  “Actually, DOTr’s response was to re-open the proposed expansion project to a Public-Private Partnership (PPP),” said Ma. Teresa R. Alegrio, Region 10 Governor, of the PCCI which spearheaded the resolution.  “Aboitiz InfraCapital Inc. (AIC) has been granted the Original Proponent Status (OPS) by the Civil Aviation Authority of the Philippines (CAAP), and the NEDA Investment Coordinating Committee (NEDA- ICC) is currently reviewing the revised proposal including the new budget of P42.7-Billion (B).  Next step is for NEDA Board to finally approve the proposed expansion, then subject it to a Swiss Challenge within 30 days,” she added. The resolution was signed by the chambers of commerce and industry of Cagayan de Oro, Iligan, Kaamulan (Bukidnon), Ozamiz and Marawi, the Cagayan de Oro Chamber of Industries (COCI), Cagayan de Oro Hotels & Restaurants Association (COHARA), Misamis Oriental Filipino-Chinese Chamber of Commerce and Industry (MOFCCII), Cagayan de Oro Filipino-Chinese Chamber of Commerce and Industry, PhilExport 10, Oro Bankers Association, CDO ICT Council and Cagayan de Oro Travel and Tours Association (COTTA).   Executive Order (EO) 230 (Reorganizing the National Economic and Development Authority) established the inter-agency Investment Coordination Committee (ICC) as one of the committees under the NEDA Board engaged in rationalizing national public investments and expenditures. The PCCI-X resolution noted that the original proposal to improve the capacity and operations of the Laguindingan airport included upgrading the facilities /equipment  to conform to international standards, specifically, the operations and maintenance (O&M) of the Airport along with the expansion of other necessary facilities and support infrastructure. The Laguindingan Public Private Partnership (PPP) Project aims to upgrade the current facilities of the Laguindingan Airport such as expansion of the Passenger Terminal Building (PTB), apron and runway extension, and improvement of existing airport facilities to support safer aircraft operations, increased passenger and cargo traffic, and capacity expansion. Originally, the project was included as one of the five Regional Airports Public-Private Partnership (PPP) Projects of the DOTr and CAAP. However, the NEDA Board approved the proposal of the DOTr  in 2016 to unbundle the five airport projects that were approved by the NEDA Board in 2014 under PPP scheme. The rationale for the proposal is to expedite early completion of PPP selection and awarding. Aboitiz InfraCapital (AIC) submitted to DOTr in 13 August 2018 an unsolicited proposal for the Upgrade, Expansion, Operations, and Maintenance of the Laguindingan Airport. The proposal was submitted to NEDA-ICC Secretariat for review which subsequently required AIC to revise it using the Operating and Maintenance (O&M) contract it awarded for the Clark International Airport. “Because of the NEDA-ICC wanting us to copy the O&M contract from Clark, we basically had to start from square one, rewrite the entire contract; we have submitted it to the CAAP, they have approved it, and it is now being reviewed by the Department of Transportation (DOTr) before submission to NEDA ICC,” said Jose Emmanuel Reverente, VP-Aboitiz InfraCapital, Inc. (AIC) during a presentation during the 28th Mindanao Business Conference held recently in Iligan City. “Since we have copied the Bohol Panglao Airport proposal that has been approved by NEDA ICC Technical Committee, we are optimistic the revised Laguindingan contract will go through much faster,” he added. “We are very hopeful by the end of this year, the contract can be awarded to us after the Swiss Challenge process.” For the 2020 National Expenditure Program (National Budget) CAAP  proposed a budget of P150-M for the extension of the existing airport runway by 300 meters from 2.1 to 2.4 kilometers to comply with requirement for its night rating. However, this has been reduced by DOTr to P100-M as announced by Nograles during the 28th MinBizCon. The scope of the expansion for the Laguindingan Airport would be implemented through the PPP modality in accordance with the approved plan covering the expansion/construction of new passenger terminals, along with all associated infrastructure and facilities as per applicable standards. The scope of works also cover the installation of all the required equipment and associated facilities as per ICAO standards such as the provision of required works with respect to the existing terminal, along with all  associated infrastructure and facilities to handle operations until the development of the new passenger terminal; O&M of the passenger terminals (new and existing) during the entire concession  period; and enhancement/development of airside facilities to meet the enhanced scale of operations at the airport over the required duration; and O&M of all enhanced airside facilities, including, the apron, runway and taxiway.  Earlier,  the NEDA Board approved  in 20 July  2014 the expansion of the Laguindingan airport in three  phases: 2015-2017 (Phase 1) , 2024-2026 (Phase 2) and 2033-2035 ( Phase 3) under a PPP) modality valued at P14 billion (B) to include the development, operation and maintenance of the airport.  On January 24, 2017, an Invitation to Pre-Qualify and Bid for the development and O & M of the Laguindingan Airport was posted in the DOTr, CAAP and PPP center websites. However, on May 22, 2017, DOTr through its General Bid Bulletin 04-2077 addressed to the Pre-Qualification Bids and Awards Committee, advised all prospective bidders that the government had decided instead to pursue the expansion and augmentation of the Laguindingan airport using Official Development Assistance (ODA) or General Appropriations Act ( GAA) funding. But DOTr made another turnaround when it informed the Regional Development Council Region X (RDC X) Council on May 28, 2018, that the O & M would  again be undertaken through PPP. Then in June 2018, CAAP informed RDC-X it had allocated P181.125-million for the expansion of the Passenger terminal building. Despite this, the expansion of the cargo building, runway and other facilities was not specified.  In response, the private sector led by PCCI-10 requested DOTr to prioritize the expansion of the Laguindingan Airport by including in its budget allocation for 2019, the construction of a new passenger terminal and cargo building, enhanced airside facilities, including the apron, runway and taxiway within the next five years.    The resolution also stressed the urgency of fast tracking of a new Operations and Maintenance ( O&M) service contract thru the PPP scheme , even as DOTr and CAAP remain responsible for the air traffic, control and air navigation facilities provisioning and operation.

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