DOF, DOT, CAAP welcome infra projects, support modernization initiatives
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NewsTranscript
00:00Several government agencies lauded the signing of five key transport projects of the Department of Transportation.
00:07Department of Finance Secretary Ralph Rector said these projects have a positive impact on economic growth,
00:14tourism, environment, private sector, and the welfare of the Filipino people.
00:20Department of Tourism Chief Cristina Garcia-Frasco lauded the Marcos administration
00:25and the DOTR for driving transformative tourism projects,
00:30highlighting Aboitiz Infra Capital's Php 4.5 billion investment in Bohol-Panglao International Airport
00:39as a key step in boosting the country's tourism sector through strong public-private partnerships.
00:46Furthermore, Civil Aviation Authority of the Philippines, or CAAP, Director General Manuel Antonio Tamayo emphasized
00:54modernizing airport is essential for creating a more connected and competitive country,
01:01highlighting its potential to improve passenger experiences while boosting economic growth, tourism, and environment.