Friday, November 8, 2024

Establishing Clark as the Philippines’ Aviation Capital: A Hub Linking Country to World

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Govt launches Clark as PH aviation capital – Manila Standard

The sprawling prime government land surrounding Clark International Airport will now be known as the “Clark Aviation Capital of the Philippines,” according to the Clark International Airport Corp. (CIAC).

CIAC President Arrey Perez described the aviation-centric business capital as a hub that connects the country to the world.

“Clark makes one’s dream work. Then the airport is at the center of Clark, the heart that connects the country to the world. But the airport is just one special component in this aviation capital we will build, because beyond this airport is an aviation-centered metropolis that will make the dream that work, fly. And because it works, dreams fly,” Perez said.

The CIAC is a subsidiary and the premier aviation and land development arm of the BCDA, and is tasked by the DOTr to exercise oversight functions over the Clark airport.

“The medium is the vision — to build the country’s aviation capital with a dynamic ecosystem combining aviation, logistics, commerce, and sustainable urban development contributing to national economic progress,” Perez said.

The Clark Aviation Capital covers some 2,367 hectares of government-owned land primed for 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 added.

Perez noted the 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 like the national food hub — all clustered as the Seven Flagship Projects — and other initiatives that will substantially contribute to the nation’s economy.

Since September last year, the CIAC has been aggressively promoting its seven flagship projects bannered by the Clark National Food Hub, a proposed legislative bill of which was recently approved by the House Committee on Trade and Industry.

The flagship projects also include the establishment of a World Events and Entertainment Center, and the Urban Renewal and Heritage Conservation Program.

Also in the pipeline are the Direct Access Road Link to Clark Airport Project, the upgrading of road networks and facilities, the detailed site development plan of the second runway, and the building of the Clark Aviation Capital Headquarters.

Alexandra Bennett
Alexandra Bennetthttps://www.businessorbital.com/
Alexandra Bennett is a seasoned business journalist with over a decade of experience covering the global economy, finance, and corporate strategies. With a Bachelor's degree in Economics and a Master's in Business Journalism from Columbia University, Alexandra has built a reputation for her insightful analysis and ability to break down complex economic trends into understandable narratives. Prior to joining our team, she worked for major financial publications in New York and London. Alexandra specializes in mergers and acquisitions, market trends, and economic

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