President Ferdinand “Bongbong” Marcos Jr. on Wednesday oversaw the signing of five significant infrastructure agreements aimed at enhancing transportation across the Philippines. The projects, spearheaded by the Department of Transportation (DOTr), focus on ports, airports, and bus transit systems, targeting provinces such as Cebu, Bohol, Dumaguete, and Siargao.
Among the key initiatives is the P17-billion New Cebu International Container Port (NCICP), designed to reduce congestion at the Cebu Base Port and expand port operations. Another notable project is the P28-billion Cebu Bus Rapid Transit (CBRT), expected to streamline commutes and connect major parts of Cebu.
Bohol-Panglao International Airport will undergo a P4.53-billion upgrade to boost its capacity from the current 2 million passengers annually to 2.5 million by 2026 and nearly 4 million by 2030. President Marcos highlighted its economic impact, projecting an annual revenue increase from P15 million to P200 million over the concession period.
Two regional airport projects were also signed—one in Dumaguete to support students and businesses, and another in Siargao to enhance tourism and trade. Both projects will adhere to global standards with the assistance of the International Finance Corporation.
“These developments are not just about infrastructure; they symbolize the dreams of every Filipino for better travel, expanded opportunities, and a brighter future,” President Marcos said.
