PANGLAO, Bohol— The immediate take over of the Bohol-Panglao International Airport (BPIA) to Aboitiz InfraCapital, Inc. (AIC) and the planned capacity upgrade of the airport are prime factors to boost the tourism industry and the overall economy of Bohol and the entire Central Visayas.
“The modernization of BPIA is not just about upgrading infrastructure—it’s about enabling the continued rise of Bohol as a vibrant tourism and economic hub in the Visayas. We are proud to support the province’s aspirations through transformative infrastructure ecosystems such as BPIA,” AIC President and CEO Cosette Canilao said.
Canilao shared that under a 30-year concession agreement, AIC, the infrastructure arm of the Aboitiz Group, formally takes over operations of BPIA in June 2025. Upon turnover, BPIA will join the award-winning Mactan-Cebu International Airport in Cebu and Laguindingan International Airport in Misamis Oriental as members of AIC’s growing aviation portfolio, she added.
AIC is set to implement a ₱4.53B investment plan that includes the expansion of BPIA’s passenger terminal building, installation of modern aviation systems, and enhancements to airside and landside facilities.
Within 1–2 years of takeover, AIC aims to boost BPIA’s current capacity from two million to 2.5 million passengers annually, with future expansions pushing capacity to 3.9 million passengers per year by 2030, the press statement said.
“This project reinforces our goal of elevating airport experiences while contributing to local economies. We look forward to bringing our proven track record at MCIA to Bohol and working with stakeholders to unlock the full potential of the province’s ‘Green Gateway to the World’ and deliver unique Boholano hospitality in our service,” AIC Vice President and Head of Airports Business Rafael Aboitiz bared.
BPIA’s transformation is expected to serve as a critical enabler of growth for Bohol and Central Visayas, Aboitiz added and BPIA, MCIA, and LIA are part of AIC’s broader strategy to develop and manage infrastructure assets that deliver topnotch Filipino hospitality, better and smoother travel, and seamless connectivity across the Philippines.
According to the PSA report, Bohol’s transportation and storage sector grew by 20.4% in 2023, while accommodation and food services surged by 27.9%, underscoring the province’s readiness for increased tourist arrivals and business activity.
The modernization of BPIA will complement Bohol’s economic priorities previously identified by the Bohol Provincial Planning and Development Office (BPPDO) which include sustainable tourism, climate-smart agriculture, and micro-enterprise growth.
As a unit of the Aboitiz Group techglomerate, AIC is leveraging its expertise in infrastructure and technology to drive sustainable growth in the country’s aviation sector. (Photos: AIC/Franz Dela Fuente)
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