Tuesday, April 3, 2007

15 Airports To Be Developed (hopefully)

(Asia Pulse News - Yahoo) - Central Philippines is the recipient of billions of pesos in funding support for the development and rehabilitation of 15 airports, 13 ports and two major road networks in line with President Gloria Macapagal-Arroyo's vision to make this part of the country a tourism hub.

The improvement and establishment of 15 airports in Central Philippines would incur for the government some P86.235 billion (US$1.8 billion) in expenses. On the other hand, the Philippine Ports Authority (PPA) has been spending its corporate funds in the development and rehabilitation of existing ports and construction of new ones to the tune of P977.98 million. ...full story here

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