The Market Monitor Minding the Nation's Business
The Civil Aviation Authority of the Philippines (CAAP) has officially opened the New Passenger Terminal Building in Laguindingan, increasing its passenger capacity by 72%.
The expansion increases the current pre-departure area capacity of 500 by 360, bringing the total to 860 passengers at any given time, which represents a 72% increase.
This substantial improvement boosts the airport’s ability to accommodate and serve travelers, particularly given its handling of up to 2 million passengers annually and its status as the third busiest CAAP-operated airport in 2023 and the sixth busiest in the country as of 2019.
The project, which began in February 2024, includes a 720-square-meter expansion utilizing a modular construction system, which provides excellent design flexibility, swift construction, cost efficiency, and environment-friendly.