Laguindingan International Airport
Laguindingan International Airport (Cebuano: Tugpahanang Pangkalibutanon sa Laguindingan; Filipino (Tagalog): Paliparang Pandaigdig ng Laguindingan) It is designed to serve the general areas of Cagayan de Oro City of Misamis Oriental and Iligan City of Lanao del Norte in the Philippines.
The airport will replace Lumbia Airport in Cagayan de Oro City. It is a flagship project of the Cagayan de Oro-Iligan Corridor Special Development Project, which covers both cities of Iligan and Cagayan de Oro, as well as five coastal towns in Lanao del Norte, and in the twenty two towns especially Gingoog of Misamis Oriental first and second congressional districts.
The domestic airport sits on a 4.17 square kilometre site in Barangay Moog, Laguindingan, Misamis Oriental,[1] and is located 46 kilometers from the existing Lumbia Airport. Upon its completion, it will be a Class 1 major international airport and will be the main airport of Cagayan de Oro and Iligan Cities in Northern Mindanao (Region X). Construction of the airport will be completed by 2011.
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[edit] Development Project
The airport project envisages the development of new major trunkline airport compliant to international standards as to safety and operation in order to meet the air transportation demand of the region.[2] The airport project also aims to boost the economic activities specifically of the Cagayan-Iligan Corridor (CIC), and expected to serve as the northern gateway to Mindanao.
[edit] Location
The airport project is located in the Municipality of Laguindingan, Province of Misamis Oriental, Northern Mindanao (Region 10), Philippines.
[edit] Implementing Agency
The airport project is implemented by the Philippine Government through the Department of Transportation and Communications (DOTC). Once completed, the airport project shall be turned-over to the Civil Aviation Authority of the Philippines (CAAP).
[edit] Project Cost
The approved cost of the airport project is US$ 167.09 Million or PhP 7.853 Billion. The approved cost was duly approved by the National Economic and Development Authority (NEDA) Board on 30 August 2007.
[edit] Source of Funds
- US$ 30.60 Million from Economic Development and Cooperation Fund of the Republic of Korea
- US$ 62.75 Million from the Export Credit Loan Facility of the Korea Export-Import Bank (KEXIM)
- US$ 60.36 Million from the Philippine Government (GOP)
- US$ 13.38 Million for the Air Navigation and Support Facilities
Plans for the airport have existed since 1991, but have been stymied by land acquisition and financing problems. Although the Philippine government has signed a US $25 million soft loan agreement with the South Korean government through its Economic Development Cooperation Fund, there has been difficulty in raising counterpart funding for acquisition of the estimated 300 hectares of land eventually required by the airport complex.
The Laguindingan Airport Development Project (LADP) was inaugurated on January 10, 2006 with groundbreaking ceremonies presided by President Gloria Macapagal-Arroyo, who advocated the idea of an International airport in the Cagayan de Oro-Iligan Corridor.[3]
By July 2007, the construction of the 4.4 kilometer four-lane access road had been undertaken by the Davao City-based V. Lao Construction Co.. The four-lane access road is designed to connect the new airport to the national road (Iligan-Cagayan de Oro-Butuan Road).
[edit] See also
- Lumbia Airport
- List of airports in the Philippines
- Northern Mindanao, designated as Region X in the Philippines.
- Metro Cagayan de Oro, fourth largest metropolitan area in the Philippines.
[edit] References
- ^ Waiting for the flight from Laguindingan, Philippine Daily Inquirer, July 22, 2007
- ^ Laguindingan Airport Develpment Project,
- ^ Arroyo to inaugurate int'l airport project, Sun.Star Cagayan de Oro, January 11, 2006
