Tag: Mactan Cebu International Airport

India-Philippines consortium sells Cebu airport business for $440.2 mn

  MANILA, Philippines (AFP) — A consortium that includes India’s GMR Group is selling its business developing and operating the Philippines’ second-largest airport for 25 billion pesos ($440.2 million), its Filipino partner announced Friday. The consortium of GMR Group and the Philippines’ Megawide Construction Corp will sell its interests to operate the Mactan-Cebu International Airport to Aboitiz InfraCapital Inc, a unit of a family-owned conglomerate. Megawide said in a disclosure to the local stock exchange […]

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Renaming of Mactan Airport as Lapu-Lapu Int’l Airport supported by President Duterte

(Eagle News) — President Rodrigo Duterte has expressed support for the proposal to rename the Mactan-Cebu International Airport as Lapu-Lapu International Airport. The proposal was first made by National Historical Commission of the Philippines Chairman Dr. Rene Escalante. In supporting NHCP’s proposal, the President said that Lapu-Lapu should be given more honor because of his bravery after he killed the Portuguese explorer, Ferdinand Magellan, in 16th century. “You know, Magellan was the first invader to […]

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Duterte graces inauguration of new Mactan airport terminal

(Eagle News) — President Rodrigo Duterte on Thursday, June 7, graced the inauguration of the Mactan Cebu International Airport (MCIA) Terminal 2. “I am extra proud to be a citizen of this country and most proud to be a worker of government and it has produced something very beautiful and good for the people,” he said in his speech during the inauguration of the terminal  the government touted as the world’s “first resort airport.” The 65,500-square-meter MCIA […]

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