6 banks extend

Six local banks have agreed to provide 23- billion loan financing to jumpstart the development of Mactan- Cebu International Airport (MCIA), marking the financial closure of the 17.5- billion MCIA Airport Development Project awarded to the tandem of Megawide Construction Corp. and GMR Infrastructure of India.

Banco de Oro ( BDO) Unibank, Inc., Bank of the Philippine Islands, Development Bank of the Philippines, Land Bank of the Philippines,