CIAC sets P30B flagship projects

- Advertisement -

The Clark International Airport Corp. (CIAC) is readying seven flagship projects with a value of P30 billion that will maximize the potential of the 2,367-hectare (ha) aviation complex.

Arrey Perez, CIAC president, in a presentation yesterday identified these projects as: the P8.5-billion national food hub, the construction cost of which is estimated at P1.58 billion while the detailed engineering design cost is at P13.32 million; the P1.6-billion, eight-lane asphalt 1.4-kilometer road ROLL IT-LETS EAT (Roads Leveraging Linkages for Industry and Trade- Logistics Efficiency and Transport Seamlessness to Enhance Agribusiness Trade) project involving the construction of a road connecting the Subic-Clark-Tarlac Expressway to the national food hub; the P21-billion Clark Entertainment & Events Center, a 37-ha.

development that will have a luxury shopping and dining options to attract tourists and will host international conventions, professional sports tournaments, and world-class concerts; the P1.8-billion Urban Renewal & Heritage Conservation program, an 18-ha development using modern urban planning principles aimed at fostering sustainability and optimizing land use; the CRK Direct Access Link, a P1.2-billion, 2.7-km airport freeway directly connecting to the airport; the a P985-million 1.7-km Entertainment & Events Center connector road; the new CIAC headquarters between the International Convention Center and the Clark International Airport fronting the Aviation Park and; the detailed site development plan of the secondary runway.

- Advertisement -spot_img

Perez said phase one of two of the seven projects will be undertaken this year until 2028 under the public-private partnership scheme. These are the national food hub and the entertainment complex.

Perez also noted the need to have the necessary connectivity and utilities to be in place within five years to support the demand inside the aviation complex. Perez said Clark has the biggest aviation complex in the country at 2,367 hectares which is three times the size of the Ninoy Aquino International Airport.

It currently has three major developments: the backup government center that is the New Clark City; the gateway logistics hub that is the Clark Airport city being transformed by CIAC and the leisure and tourism center under Clark Development Corp.

Under CIAC is 1,141 hectares of civil aviation complex yet to be privatized. Here, there are three developers: the LIPADD consortium which operates and maintains the Clark Airport, the 137-hectare Clark Global City, and the soon-to-rise national food hub. Irma Isip

Author

Share post: