Economy

Mati Airport expansion to boost tourism 

BW FILE PHOTO/ LSDAVALJR

DAVAO CITY — Mati City Airport’s proposed expansion is expected to boost the tourism industry and open more investment opportunities in Davao Oriental province.  

Improving the airport so it could accept commercial flights would open the province to investments, Tourism Regional Director Tanya Rabat-Tan told a news briefing. 

The province is in talks with the Civil Aviation Authority and Tourism department about how to proceed with the airport’s commercialization, she added. 

The airport is limited to chartered flights and light planes. 

The private owners of the land where the Mati City airport is located gave their consent to the expansion plan, Mati Vice Mayor Glenda Rabat-Gayta said in June.  

The airport, built in the 1980s, started in 2019 with an initial P200-million fund from the National Government. 

A plan to expand the airport runway so it could accommodate bigger planes requires at least 27 more hectares of land. 

The terminal building needs to be improved and a fire station and parking area have to be built. — Maya M. Padillo 

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Your daily news source covering investing ideas, market stocks, business, retirement tips from Wall St. to Silicon Valley.

Disclaimer:

TheProficientInvestor.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 TheProficientInvestor. All Rights Reserved.

To Top