Connect with us

Business and Economy

Clark Aviation Capital launched

Published

on

BUSINESS HUB. Clark International Airport Corp. president Arrey Perez leads the Clark Aviation Capital launch in Clark, Pampanga on Monday (Sept. 23, 2024). The Clark Aviation Capital covers 2,367 hectares of government-owned land primed for local and foreign investments. (Photo: CIAC – Clark International Airport Corporation/Facebook)

By Philippine News Agency

CLARK FREEPORT ZONE –The sprawling prime government land surrounding the Clark International Airport will now be called the Clark Aviation Capital of the Philippines.

Clark International Airport Corp. (CIAC) president Arrey Perez on Monday led the formal launching of what he described as the “aviation-centric business capital of the country” during a general assembly here with the agency’s directors and some 150 personnel.

Department of Transportation (DOTr) Undersecretary for Aviation Roberto Lim, Bases Conversion and Development Authority (BCDA) vice president Kenneth Peralta and Dr. John Ortiz Teope, who represented BCDA chair Thompson Lantion, attended the event.

“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, as quoted in a news release.

The CIAC is a subsidiary and the premier aviation and land development arm of the BCDA, 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 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 said.

Perez said 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 the seven flagship projects bannered by the Clark National Food Hub, a proposed legislative bill that was approved by the House of Representatives’ Committee on Trade and Industry on Aug. 20.

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, upgrading of road networks and facilities, detailed site development plan of the second runway, and the building of the Clark Aviation Capital headquarters.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published.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

Maria in Vancouver

Lifestyle23 hours ago

Nobody Wants This…IRL (In Real Life)

Just like everyone else who’s binged on Netflix series, “Nobody Wants This” — a romcom about a newly single rabbi...

Lifestyle1 week ago

Family Estrangement: Why It’s Okay

Family estrangement is the absence of a previously long-standing relationship between family members via emotional or physical distancing to the...

Lifestyle2 months ago

Becoming Your Best Version

By Matter Laurel-Zalko As a woman, I’m constantly evolving. I’m constantly changing towards my better version each year. Actually, I’m...

Lifestyle2 months ago

The True Power of Manifestation

I truly believe in the power of our imagination and that what we believe in our lives is an actual...

Maria in Vancouver3 months ago

DECORATE YOUR HOME 101

By Matte Laurel-Zalko Our home interiors are an insight into our brains and our hearts. It is our own collaboration...

Maria in Vancouver3 months ago

Guide to Planning a Wedding in 2 Months

By Matte Laurel-Zalko Are you recently engaged and find yourself in a bit of a pickle because you and your...

Maria in Vancouver4 months ago

Staying Cool and Stylish this Summer

By Matte Laurel-Zalko I couldn’t agree more when the great late Ella Fitzgerald sang “Summertime and the livin’ is easy.”...

Maria in Vancouver4 months ago

Ageing Gratefully and Joyfully

My 56th trip around the sun is just around the corner! Whew. Wow. Admittedly, I used to be afraid of...

Maria in Vancouver5 months ago

My Love Affair With Pearls

On March 18, 2023, my article, The Power of Pearls was published. In that article, I wrote about the history...

Maria in Vancouver6 months ago

7 Creative Ways to Propose!

Sometime in April 2022, my significant other gave me a heads up: he will be proposing to me on May...