Clark

The Department of Transportation and Communications (DOTC) in the Philippines is set to invest in Clark International Airport (CRK) to develop it into an international hub, alongside Ninoy Aquino International Airport (NAIA) and Sangley Airport.

DOTC secretary Jun Abaya said: "We see Clark International Airport as a premier gateway alongside NAIA and Sangley, especially in view of its rapid growth over the past few years."

In June, Aeroports de Paris presented its concept design for a new low-cost carrier terminal to DOTC and CIAC officials, and the CIAC is scheduled to present the proposal to the National Economic Development Authority-Investment Coordination Committee in August.

"We see Clark International Airport as a premier gateway alongside NAIA and Sangley."

The proposed new budget terminal will involve an investment of P7.2bn ($166m) and is expected to increase CRK’s annual capacity to between eight and 16 million passengers.

In May, the airport’s passenger terminal building was expanded with an investment of PHP417m ($9.61m).

The investment also saw an increase in annual passenger capacity to approximately four million and boosted the building’s size to 19,799m².

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Image: DOTC and CIAC will invest to develop Clark aerotropolis. Photo: courtesy of Department of Transportation and Communications.