How much did Iloilo International Airport cost to build?
The Iloilo International Airport is the airport serving Iloilo City on Panay island in the Philippines, built at Cabatuan and Santa Barbara to replace the old Mandurriao airport with a 2,500 m runway and a terminal for 1.2 million passengers a year, funded by a 6.2 billion peso loan from the Japan Bank for International Cooperation, and opened on 14 June 2007 after completion on 18 March 2007. Wikipedia gives a final cost of around 8.8 billion pesos, a Philstar yearender called it the new 8.6-billion-peso airport, and Airport Technology said the final cost approached 9 billion pesos.
Final project cost
PHP 8.8 billion
Approximately $190.69 million
Cost basis: 2007
Cost evidence
Basis of the published figure
Project metrics
Key dimensions
- Total lengthAirport Technology
- 2,500 m
Project record