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