Clark Development Corp. (CDC) led a discussion among the government, private sector and aviation stakeholders to enhance processes in the aviation sector.
Organized by CDC’s Trade Facilitation Division (TFD), the discussion aimed to improve the turnaround times for importing and exporting aircraft parts, tools, equipment, petroleum and chemicals that are essential for maintenance, repair and overhaul (MRO) services within the Clark Freeport Zone.
CDC president and chief executive Agnes Devanadera said Clark hosts 39 aviation locators, contributing about approximately $622 million in investments and supporting nearly 2,000 jobs as of June 2024.
The sector is expected to grow significantly over the next two to three years, attracting further investments from expanding airlines, MROs, and aviation manufacturing and allied services.
Devanadera urged stakeholders to adopt measures to expedite tax assessments, approvals and green lane cargo releases, while ensuring compliance with regulatory standards.
In line with Philippine regulations, the entry of specific goods and chemicals is subject to taxation and law enforcement review to prevent illegal use.
The Philippines also supports the United Nations Security Council Resolution (UNSCR) 1540 and Republic Act No. 10697 aimed at preventing the proliferation of weapons of mass destruction. Othel V. Campos
To formalize these reforms, CDC and the cooperating agencies plan to establish an agreement to institutionalize these measures and strengthen partnerships for the aviation sector’s advancement.
