Instead of the earlier planned 2.3 kilometer airport runway, the length is assured to extend up to 3 kilometers. This assurance was made by Manila International Airport Authority General Manager Alfonso Cusi, made to Bohol Governor Erico Aumentado.
President Gloria Macapagal-Arroyo launched the construction of the P4.17-billion Panglao-Bohol International Airport here to boost the tourism and trade potentials of this world-class destination province.
The President led the capsule-laying ceremony in Barangay Tawala assisted by Department of Transportation and Communications (DOTC) Secretary Leandro Mendoza, Manila International Airport Authority (MIAA) General Manager Alfonso Cusi, Bohol Gov. Erico Aumentado, and Panglao Mayor Benedicto Alcala.
After the capsule-laying, the President was briefed by Cusi on the status of the project funded through MIAA's P3-billion income and P1 billion from the DOTC.
Cusi informed the President that the international airport is targeted to be operational in the first quarter of 2010 and can accommodate one million passengers per year.
The President said no foreign loans were sourced in the construction of the Panglao International Airport as government revenue agencies have consistently exceeded their targets these past few years.- Rey Chiu - PIA
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