MANILA, Feb. 23 -- The Department of Transportation (DOTr) has invited contractors from the private sector to submit their proposal for the development and modernization of the Laguindingan Airport in Misamis Oriental province.

In a statement on Friday, the DOTr said the Laguindingan International Airport Project (LIAP) is included in the infrastructure flagship projects of the national government following the approval of an unsolicited proposal from Aboitiz InfraCapital, Inc. to upgrade, expand, operate and maintain the airport under a public-private partnership (PPP).

The proposal, it said, has been approved and accepted by the National Economic and Development Authority (NEDA) Board per the provisions of Republic Act 11966, or the P...