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Clark International Airport Corp., together with the Bases Conversion and Development Authority and the Department of Transportation officially launched “Clark Aviation Capital”
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The development transforms the government-owned land around Clark International Airport into a dedicated aviation business hub
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CIAC president Arrey Perez introduced the project, calling Clark the country’s “aviation-centric business capital”
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Clark Aviation Capital covers some 2,367 hectares of government-owned land and will serve as a global center for aviation, logistics, commerce, and sustainable urban development
Clark International Airport Corp. (CIAC), together with the Bases Conversion and Development Authority (BCDA) and the Department of Transportation (DOTr), officially launched the “Clark Aviation Capital of the Philippines” on September 23.
The development transforms the prime government-owned land around Clark International Airport into a dedicated aviation-focused business hub.
CIAC president Arrey Perez introduced the project, calling Clark the country’s “aviation-centric business capital.”
Clark Aviation Capital covers some 2,367 hectares of government-owned land and will serve as a global center for aviation, logistics, commerce, and sustainable urban development. It will also be developed to attract local and foreign investments.
“The capital will transform the erstwhile idle lands to a global hub for innovation, investment and infrastructure to boost airport operations, generate new revenue streams, and promote economic and food security,” Perez said.
Perez said CIAC is focusing on seven flagship projects, including the Clark National Food Hub and the establishment of a World Events and Entertainment Center.
CIAC is looking toward attracting partners in cargo and logistics services, vertical infrastructure projects, sustainable development of heritage parks to lure in more tourists, and institutions.
The government corporation aims to attract partners in cargo and logistics, vertical infrastructure projects, heritage park development to boost tourism, and key institutions.
“The capital will transform the erstwhile idle lands to a global hub for innovation, investment and infrastructure to boost airport operations, generate new revenue streams, and promote economic and food security,” Perez added.
Since September last year, CIAC has been actively promoting its seven flagship projects, led by the Clark National Food Hub, which recently gained approval from the House Committee on Trade and Industry.
The development of critical infrastructure, such as a second runway, the direct road link to the airport, and the headquarters of the Clark Aviation Capital, are also in the pipeline.
Present during the launch were Transportation undersecretary for Aviation Roberto Lim, Bases BCDA vice president Kenneth Peralta, and Dr. John Ortiz Teope, who represented BCDA chairman Thompson Lantion.
CIAC is a subsidiary of the BCDA and serves as the primary aviation and land development arm of the agency. It has been assigned by the Department of Transportation to oversee operations and development at Clark airport.
