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Friday, April 26, 2024

Pampanga group lauds Clark airport auction

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The Pampanga Chamber of Commerce and Industry Inc. lauded the government for successfully bidding out the operations and maintenance contract of Clark International Airport in record time and in a very transparent manner with its transaction adviser, International Finance Corp. of the World Bank, that aired all the activities live on its social media pages. 

The careful and rigorous selection process undertaken by the Bases Conversion and Development Authority, in partnership with the Department of Transportation, that led to the awarding of the contract to the consortium assures the chamber that the best airport service and VIP passenger experience awaits local and foreign travelers in Clark.

The consortium is led by Changi Airport Group, operator of the number one airport in the world, Filinvest Development Corp., JG Summit Holdings Inc., and Philippine Airport Ground Support Solutions, Inc.

The North Luzon Airport Consortium brings together Changi’s expertise and experience, and Filinvest and JG Summit’s strengths in the local development market.

“We commend the Duterte administration for heeding the appeal of the business community in Pampanga and Central Luzon, for the full development of the Clark International Airport as Asia’s next premier gateway. Once a dream, now finally becoming a reality through its massive infrastructure program—‘Build, Build, Build’,” the chamber said.

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