CLARK FREEPORT — In its bid to becoming the country’s premier aviation hub, the Clark International Airport Corp. has officially signed a 25-year lease agreement with Heatcon Asia, Inc., a leading global provider of composite repair solutions and a key supplier to aerospace giant Boeing.
Signed by CIAC president and CEO Jojit Alcazar and Heatcon Asia, Inc. president Howard Victor Banasky, the agreement formalizes the establishment of Heatcon’s manufacturing, material distribution, and in-shop composite repair facility within the Clark Civil Aviation Complex.
Heatcon’s proposal includes a commitment to commence operations by the second quarter of 2027, representing an initial investment of approximately $2.94 million within the first three years following the execution of the lease agreement.
“This investment represents a significant milestone in Clark’s continued emergence as a leading aviation and aerospace hub,” Alcazar said. “Heatcon’s facilities support major aviation players in the region, including Boeing, and are expected to further strengthen Clark’s position as an attractive destination for aircraft maintenance, repair, and overhaul (MRO) services.”
Alcazar also noted that by establishing its presence here, Heatcon is directly contributing to CIAC’s vision of transforming the region into a premier aerospace center in Southeast Asia.
“Today’s signing formalizes a partnership rooted in innovation and global excellence. It highlights Clark’s readiness to support the growing demands of the global aerospace industry while advancing our vision of developing Clark Aviation Capital,” enthused Alcazar.
Established in 1978, Heatcon is a globally recognized manufacturer that supplies hot bonders, heat blankets, and process materials to both commercial and military aviation sectors.
According to Heatcon management, the new Clark facility will serve as a strategic hub to support its rapidly growing customer base across the Asia-Pacific region, marking a pivotal step in the company’s global expansion.
Under the Marcos administration, CIAC is aggressively executing its thrust to transform the Clark Civil Aviation Complex into the Clark Aviation Capital, a dynamic, aviation-driven business, manufacturing, and logistics hub. CIAC-PAD
