Wednesday, December 10, 2025
Today's Print

CIAC attracts over P1-b new investments since rebranding

Clark International Airport Corporation (CIAC) has attracted more than P1 billion in new investments since its rebranding in January 2025, the agency announced Thursday.

CIAC president Jojit Alcazar said the corporation drew a total of P1.19 billion from approved deals between January and July 2025, more than doubling investment inflow during the same period last year.

- Advertisement -

He added that the newly infused investments would boost Clark’s upward momentum in tourism, commerce and infrastructure, aligning with President Ferdinand Marcos Jr.’s call to bring much-needed investments into the Philippines to support job creation and economic growth.

“Since the CIAC’s rebranding, Clark Aviation Capital has continued to be a draw for both foreign and Philippines-based companies needing prime location in proximity to the Clark International Airport,” Alcazar said.

Alcazar noted that the rebranding positioned CIAC as a leading aviation and land development arm of the Bases Conversion and Development Authority (BCDA), signaling a shift from airport operations to a broader scope in infrastructure development.

“These new investments translate to direct job generation, a robust ecosystem of aviation, logistics, commerce, and manufacturing, and increased investor confidence in CIAC,” Alcazar said.

Leading the list of new deals is Stellavia Development Corporation (SDC), a Korean-owned construction and management company that currently operates The Glory Hotel and Residences in Clark. SDC committed P600 million for the improvement of its mixed-use recreational complex.

Global Square Plaza Phils., Corp. (GSPPC) committed P400 million in capital outlay for the development of a multi-use facility, including a storage warehouse, drone training school and recreation facilities. This is expected to generate more than 100 jobs in its first year of operation.

“Stellavia’s and GSPPC’s high-value projects are designed to enhance land value and transform the area into a vibrant leisure destination and stimulate local economic activity through job creation and increased visitor traffic,” Alcazar said.

France-based All Fashion Gloves, Inc. (AFGI), a pioneer locator of CIAC engaged in the manufacturing and export of premium leather goods, will reinvest P18.27 million for the construction of new manufacturing facilities.

Alcazar said these new deals would positively impact the free port zone’s job generation goals with the combined hiring of more than 700 employees and additional employment opportunities through support industries, contractors and service providers.

UET International Corp. and UET Box Manufacturing Corp. reinvested a combined total of P169.7 million in producing high-quality knitted products and custom shipping boxes. Additionally, fixed-base operator and ground handling service provider Skytrack Aviation Services has a 5 million peso investment to locate its office in Clark.

“These firms see the strategic value of investing at the Clark Aviation Capital, which continues to be recognized as a hub for innovation, opportunity and sustainable development,” Alcazar said.

Managed by CIAC, the Clark Aviation Capital is home to Clark International Airport, the mixed-use business hub Clark Global City, and over 60 locators spanning aviation, logistics, commercial, industrial and manufacturing sectors.

- Advertisement -

Leave a review

RECENT STORIES

spot_imgspot_imgspot_imgspot_img
spot_img
spot_imgspot_imgspot_img
Popular Categories
- Advertisement -spot_img