[ Philippines ] The Government is committed to complete the PHP 12.55 billion Clark International Airport (CRK) passenger terminal by 2019.

04 August 2017

This was announced recently by the Bases Conversion & Development Authority (BCDA) President and CEO Vivencio Dizon who said that the new terminal, once completed, will accommodate 8 million passengers annually. The agency is set to bid out the construction of the new terminal building in the next few weeks. The PHP 12.55 billion budget for the construction was approved by the National Economic & Development Authority and will be funded by the BCDA. The new Clark terminal will be BCDA’s first major project to be implemented under the Duterte Administration. The project will expand the Clark terminal by 82,600 m² to accommodate 8 million passengers annually. “The Clark Airport new terminal will be the first of the hybrid PPP (public-private partnership) model under the Duterte Administration, where the Government builds it and then the private sector will maintain and operate it,” Dizon said. He noted that this hybrid model will result in lower airport charges to passengers as the project will be funded by the Government. Dizon clarified that the Government also will get a percentage of the earnings of the private-sector partner from airport operation. The tender for the operation and maintenance (O&M) of the new terminal will follow a few weeks after the bidding for the airport expansion project. Dizon said the business community is very interested in the project as the number of flights at Clark Airport increased during the Duterte Administration. -- The airport now has 120 domestic and 138 international flights per week.


#Southeast Asia latest airport news #Southeast airport Project updates #AirportNews #AirportUpdate

Cr. Momberger ISSUE NO.1053.

View more Industry News