EconomyEditor's PickNational gov’t formally transfers 6 airports to Bangsamoro management 

September 21, 2022
BARMM MOTC

SIX airports owned and managed by the national government have been formally transferred to the Bangsamoro region’s autonomous government, the  Civil Aviation Authority of the Philippines (CAAP) announced on Wednesday.  

In a press statement, CAAP said the agreement was signed Sept. 20 in Cotabato (Awang) Airport in Datu Odin Sinsuat, Maguindanao del Norte, one of the facilities covered by the transfer.   

The five other airports within the Bangsamoro Autonomous Region in Muslim Mindanao in southern Philippines are: Sanga-Sanga and Mapun airports in Tawi-Tawi, Jolo Airport in Sulu, and Wao and Malabang airports in Lanao del Sur.  

Under the memorandum of agreement, the Bangsamoro Ministry of Transportation and Communications through the Bangsamoro Airport Authority will take over the assets as well as management and supervision of the airports.   

The transfer of various national assets to the regional government is provided under Republic Act No. 11054 or the Bangsamoro Organic Law (BOL). — MSJ 

Leave a Reply

Your email address will not be published. Required fields are marked *

Disclaimer: SmartPeopleMail.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 SmartPeopleMail. All Rights Reserved.

IT'S YOUR OPPORTUNITY OF THE YEAR!
Subscribe for FREE today and get your daily shot of smart news about the Economy and Investing.
We are dedicated to keeping any data we collect from you — safe and secure. Here you can read our privacy policy.