Silay airport privatization announced
The privatization of the Bacolod-Silay Airport is in the works, as confirmed by outgoing House Speaker Gloria Macapagal-Arroyo.
She mentioned that Udenna Infrastructure Corporation has submitted an unsolicited proposal to the Civil Aviation Authority of the Philippines for the expansion of the airport runway. The expansion includes airport and maintenance operation . Another foreign company has contested the proposal.
Contract for MassKara Coliseum project signed
Ten councilors have given Bacolod City Mayor Evelio Leonardia leave to sign the contract for the construction of the proposed MassKara Coliseum . The contract is between the city government and Jejors Construction and is worth PhP800 million.
This priority project will be funded by the P1.7-billion loan from the Development Bank of the Philippines (DBP).
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