ABOITIZ InfraCapital Inc. (AIC) has submitted an offer to develop and improve the Iloilo International Airport, the firm's chief executive said Monday.

"We are actively exploring... growing our airport platform and, in fact, we have just submitted an unsolicited proposal to develop and improve the Iloilo International Airport as a response to [Iloilo] Mayor [Jerry] Treñas," Aboitiz InfraCapital Chief Executive Officer Cosette Canilao said in a briefing.

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