Clark state firm to focus on growing aviation complex | Inquirer Business

Clark state firm to focus on growing aviation complex

/ 06:04 PM February 08, 2021

CLARK FREEPORT –– Almost two years after the national government privatized the Clark International Airport here, the agency formerly overseeing it is set to undergo a reorganization to focus on developing an aviation complex.

Aaron Aquino, president, and chief executive officer of the Clark International Airport Corp. (CIAC), confirmed the reorganization plan on the 26th year of the agency on Monday.

“It is but an opportune time to reorganize and sharpen our execution to further develop prime government lands of the aviation complex and contribute to the national economy,” Aquino said in simple rites awarding long-time employees,

ADVERTISEMENT

CIAC is now a subsidiary of the Bases Conversion and Development Authority and under the policy supervision of the Department of Transportation.

FEATURED STORIES

Executive Order No. 716 of President Duterte gave CIAC jurisdiction over 2,000 hectares and 166.9 hectares within the Clark Industrial Estate 5.

The airport was developed from the Military Aircraft Terminal of the United States Air Force.

Since the private consortium Lipad took over in August 2019, CIAC was left with 120 personnel and functions such as the lease of land, structures, and spaces for aviation.

Former president and now Presidential Adviser on Clark Flagship Projects Gloria Macapagal-Arroyo urged CIAC to shift from a mere real estate developer to “being the most competitive service and logistics center in the Southeast Asian region.”

The reorganization is due for final approval by the Government Commission for Government-Owned or Controlled Corporations. INQ

LZB
Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Clark freeport, Clark International Airport, Pampanga, regions

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.