Philippines: Filinvest, JG Summit, Changi Consortium Win O&M Deal For Clark Airport

The improved Clark International Airport will facilitate and enhance connectivity between Central and North Luzon, and the rest of the Philippines, and the world.

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Clark International Airport

The North Luzon Airport Consortium (NLAC), comprising Filinvest Development Corporation, JG Summit Holdings Inc., Philippine Airport Ground Support Solutions Inc. and Changi Airport Philippines, a wholly owned subsidiary of Changi Airports International, was awarded the operations and maintenance (O&M) contract of the Clark International Airport.

According to a disclosure to the Philippine Stock Exchange, the Notice of Award was given to NLAC for the project, dubbed a hybrid Public Private Partnership project with a 25-year concession, by the Bases Conversion Development Authority (BCDA).

“We are thankful for this opportunity. The consortium envisions to create a new identity for Clark Airport as the Northern and Central Luzon’s gateway that will provide fast, efficient, and hassle-free travel experience,” said Josephine Gotianun-Yap, President& CEO of Filinvest Development Corporation, the lead consortium member.

The improved Clark International Airport will facilitate and enhance connectivity between Central and North Luzon, and the rest of the Philippines, and the world.

The project includes the operations and maintenance of the existing terminal and the new terminal. The consortium is also set to develop the commercial assets, operate and maintain project facilities and fit-out the new terminal.

“We are confident that with the vast experience of each member of the consortium in terms of property development, air transportation and airport operations, NLAC will be able to reinvent Clark International Airport to a world-class airport, meet the continued growth of international and domestic air travel, and deliver its commitment to the government and the public,” Gotianun-Yap added.

NLAC aims 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 (I) Pte. Ltd., 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 will spur economic development of the Central and North Luzon corridor and support the New Clark City initiatives. – AsiaPEVC.com

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