Airports
Philippines Looks to Public-Private Partnerships for Airports
The Philippines Department of Transportation and Communications plans to award operations and maintenance contracts for five regional airports.
A cargo handler loads a Philippine Airlines Airbus A330. The Filipino government hopes to fast-track airport development. (Photo: Airbus)
A cargo handler loads a Philippine Airlines Airbus A330. The Filipino government hopes to fast-track airport development. (Photo: Airbus)

At least six firms are in a race to win operations and maintenance contracts at five regional airports in the Philippines under a public-private partnership (PPP) scheme worth $2.4 billion. The government-led auction comes at a crucial time for the Philippine tourism industry, which has consistently underperformed due to safety issues and a lack of airport infrastructure.