Francisco Bangoy International Airport, also called Davao International Airport, is the main airport serving Davao City in the Philippines. It is the busiest airport in the island of Mindanao. The airport has a single 3,000-meter precision runway. A new terminal replaces the previous airport terminals, which lie just across it, in handling both domestic and international flights operating to and from Davao. The modern facility is designed to handle approximately 2 million passengers annually and 84,600 metric tons of cargo annually. The added capacity is also complemented by the latest navigational, security, and baggage handling equipment. The modernization and upgrading of the airport facilities aims to cement Davao as a hub for tourism and foreign investment in the region. Development was funded by a forty million-dollar loan from the Asian Development Bank, co-financed by the European Investment Bank for twenty-five million ECUs, and through budgetary allocations from the government. The total cost of the project amounted to $128 million. After almost a decade, the new terminal was finally inaugurated on December 2, 2003. Initial construction began in 2000 while plans for construction were announced in 1992. Wikipedia [ - ]

Francisco Bangoy International Airport, also called Davao International Airport, is the main... [ + ]