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THE
Department of Transportation and Communications (DOTC)
has sought the partial cancellation of the Japan Bank
for International Cooperation (JBIC) loan for the
Selected Airports (Trunkline) Development Project.
In a
letter to the National Economic and Development
Authority (Neda), DOTC Secretary Leandro Mendoza asked
that the Neda cancel the P634.5-million loan for the
Tacloban airport.
Mendoza
said the DOTC is set to receive P75 million and P559.5
million in 2007 and 2008, respectively from JBIC for the
Taclobal airport project.
This
loan, Mendoza said, will no longer be necessary as the
DOTC intends to finance the project through its own
funds from the recently approved Government
Appropriations Act (GAA).
The
project aims to improve and upgrade the facilities of
the Tacloban Airport to satisfy the operational safety
requirements and to effectively cope with the increasing
air traffic demand up to year 2015.
The
scope of work includes site preparation, shore
protection, asphalt overlay of runway, pavements for
roads and car parks, construction of new terminal
building, control tower and fire station.
The
two-storey passenger terminal building will be equipped
with two passenger loading bridges, departure and
arrival baggage conveyors, one escalator, three
elevators, a flight information display system and
security equipment. |
