MANILA, May 28 -- Bohol-Panglao International Airport's (BPIA) modernization will boost the province's economic gains, operator Aboitiz InfraCapital, Inc. (AIC) said on Wednesday.

"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 in a statement.

The turnover of BPIA operations to AIC is set for June 16 for the PHP4.53 billion investment plan that includes expanding BPIA's passenger terminal building, installing modern aviation systems, and enhancing airside a...