Panglao Island International Airport, envisioned to replace the existing Tagbilaran Airport, is expected to open in late 2017 or early 2018.
The airport project, currently under construction, is scheduled to complete within a 30-month period. Early in 2015, the Department of Transportation and Communications announced Mitsubishi Corporation and Chiyoda Corporation as the winning bidders of the project aimed at sustaining the rapid pace of tourism in the island province.
Serving 789,800 passengers in 2013 and operating within the confines of limited space, Tagbilaran Airport is already the country’s eleventh busiest airport. With a floor area of approximately 8,800 square meters, the Panglao Island International Airport can accommodate 1.7 million passengers a year.
The new airport will incorporate eco-friendly and energy saving features, complementing Bohol’s identity as an eco-tourism destination. According to sources, the pre-departure area will be the only section that is air-conditioned, powered by solar energy.
The project is primarily funded by an Official Development Assistance Loan from the Japan International Cooperation Agency. The loan is worth P4.6 billion and another P2.6 billion coming from the Philippine government.
Once the new airport is operational, the Department of Transportation will coordinate with the provincial government of Bohol on plans for the then-defunct Tagbilaran Airport. Among other things, the old airport could be put to commercial use or used to accommodate information technology and business process outsourcing operations.
Photo credit: bohol-guide.com