North Luzon Airport Consortium said Tuesday it signed a concession agreement with state-run Bases Conversion and Development Authority for the operations and maintenance of Clark International Airport.
BCDA president and chief executive Vivencio Dizon and top executives of the NLAC companies comprising of Filinvest Development Corp., JG Summit Holdings Inc., Philippine Airport Ground Support Solutions Inc. and Changi Airports Philippines Pte. Ltd. signed the 25-year concession to develop the commercial assets, operate and maintain project facilities and fit-out the new terminal in Clark.
NLAC won the public bidding in December 2018 for the operations and maintenance of Clark International Airport’s existing passenger terminal and the development of a new modern terminal building targeted for operation by 2021.
NLAC plans to establish a new reputation for Philippine international gateway airports to ensure ease and seamless travel in the Philippine airports with the consortium’s technical partner, Changi Airport Philippines, a wholly-owned subsidiary of Changi Airports International, which in turn is a wholly-owned subsidiary of Changi Airport Group, the operator of the most awarded airport in the world, Singapore Changi Airport.
The operations and maintenance of the Clark International Airport by NLAC is seen to spur economic development of the Central and North Luzon corridor and support the New Clark City initiatives.
Clark International Airport is the second main gateway in Luzon. The new 100,000-square-meter terminal will double its capacity to eight million passengers a year, easing the strain on Ninoy Aquino International Airport in Parañaque City and boosting development of Central Luzon.
Clark International Airport has an annual capacity of four million passengers. Airlines operating in Clark include Qatar Airways, Cebu Pacific, Tigerair, Jin Air, Asiana Airlines, Dragon Air, AirAsia Berhad, Philippine Airlines and Emirates Airlines.
These airlines mount flights to Hong Kong, Singapore, Bangkok, Macau, Pudong, Incheon, Doha, Dubai, Davao, Cebu, and Kalibo.
Megawide-GMR earlier won the bidding for the construction of a new passenger terminal in Clark Airport when it submitted the lowest financial proposal of P9.36 billion on Dec. 14.