The Philippines and the Republic of Korea (ROK) signed today a loan arrangement for the Laguindingan Airport Air-Navigation System and Support Facilities Supply Project in ceremonies held at the Department of Foreign Affairs (DFA). Signing for both countries were Foreign Affairs Secretary Albert F. del Rosario (right) and ROK Ambassador to the Philippines Lee Hye-min (left). The event was witnessed by officials from the DFA, the Department of Transportation and Communications and the ROK Embassy.


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Ayala Land Inc. is reportedly adopting an Aerotropolis concept for the development around Laguindingan Airport.

Wikipedia defines an Aerotropolis as an urban form whose layout, infrastructure, and economy is centered on an airport, offering its businesses speedy connectivity to suppliers, customers, and enterprise partners worldwide.