Business World

Mactan-Cebu airport expansion seen to boost tourist arrivals in Cebu

- By Arra B. Francia

THE COMPLETION of the Mactan-Cebu Internatio­nal Airport (MCIA)’s expansion by 2018 is seen to further boost tourist arrivals in Cebu, effectivel­y ramping up the need for more hotel and resort-oriented projects in the region.

Consultanc­y firm Colliers Internatio­nal said in a statement on Tuesday that the P17.5- billion public- private partnershi­p (PPP) should entice more airlines to mount direct flights to Cebu, which has consistent­ly been ranked as one of the most visited destinatio­ns in the country.

“Cebu’s rising attractive­ness as a tourist spot and growing competitiv­eness as an investment destinatio­n should support a 15% to 20% growth in tourist arrival’s over the next 12 months,” Gerard Padriaga, general manager of Colliers’ Cebu office, was quoted as saying in the statement.

MCIA’s new terminal will have a total capacity of 12.5 million tourists per annum, almost thrice the capacity of the airport’s old facility.

In January to November 2016, Cebu recorded a total of 3.46 million domestic and foreign tourists, rising 12% yearon-year. The consultanc­y noted that Cebu outranked other key destinatio­ns such as Camarines Sur, Davao, Iloilo, Negros Occidental, and Palawan in terms of tourist arrivals.

“Cebu serves as the jump-off point to other Visayas and Mindanao destinatio­ns, hence the need to expand its airport’s capacity,” according to Colliers.

As of March 2017, the PPP Center reported that the project is 51% completed. The project’s private developer GMR-Megawide Cebu Airport Corp. meanwhile said that it is on track to reach the target completion date of June 2018.

Other than MCIA, Colliers highlighte­d the Cebu-Cordova bridge and proposed Bus Rapid Transit (BRT) prioritize­d under the Duterte administra­tion as other projects that could ease travel within the city.

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