Clark International Airport Corp. (CIAC) said Thursday it will expedite the implementation of key infrastructure projects to further develop Clark Aviation Capital, the prime land surrounding the privately-operated Clark International Airport.
CIAC president Jojit Alcazar said the 2,367-hectare Clark Aviation Capital is “distinctly viable and marketable” and should be developed promptly to ensure the continued flow of government revenues that contribute to the nation’s economy.
“The CIAC urgently needs detailed architectural and engineering designs for road networks, as well as improvements to key sites such as streetlight upgrades along major avenues, picnic grounds, parks, and open spaces. These developments are crucial to attracting investors, particularly in the aviation, cargo, logistics, and commercial sectors,” said the newly-appointed CIAC president.
CIAC transitioned from being a real estate manager to a land developer in September and the aviation-centric investment arm of the Bases Conversion and Development Authority (BCDA), its parent organization.
The Department of Transportation (DOTr) oversees the CIAC, which exercises oversight of the airport.
Alcazar outlined the CIAC’s plans to strengthen aviation infrastructure and services, positioning Clark Aviation Capital as a leader in the industry.
“We aim to develop a logistics hub that supports national food security through efficient transportation and distribution. We want to establish Clark Aviation Capital as a premier destination for meetings, incentives, conferences, and exhibitions (MICE), drive tourism, and showcase our culture and hospitality on the global stage,” he said.
The CIAC also plans to forge partnerships for world-class aviation education and training to prepare the next generation of aviation leaders.
CIAC want to create spaces that promote trade, business, and economic growth, within the framework of sustainable urban development.
Alcazar served as the BCDA’s chief advisor in information, communications, and technology before his appointment as CIAC president.
