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. Read full story at AsiaPEVC.com