ABOITIZ Equity Ventures, Inc (AEV), through wholly-owned subsidiary AboitizInfra Capital, Inc, submitted on Wednesday a P148-billion unsolicited proposal to rehabilitate and operate regional airports.

In a disclosure on Wednesday, AEV said it was seeking to upgrade, expand, operate, and maintain four major Philippine gateways—the Iloilo International Airport, Bacolod-Silay Airport, Laguindingan Airport, and New Bohol International Airport in Panglao—for a concession period of 35 years.

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