CLARK FREEPORT ZONE (CIAC-CCO, 06 July 2023)—The Clark International Airport Corp. has joined the recent international trade mission in Australia which targeted potential investors for the Clark civil aviation complex, an executive of the government aviation on Thursday said.
Officer-in-charge Nancy Paglinawan said a CIAC team joined the Philippine Business Mission delegation, led by Delfin Lorenzana, chairman of the Bases Conversion and Development Authority, in a series of forums held in Sydney, the Gold Coast, and Brisbane from June 26 to 30.
“Several companies were open to investment possibilities here in Clark, specifically interested in the profitability of investing at the Clark aviation complex,” Paglinawan said.
The CIAC business team was composed of sales and marketing head Jesus Punzalan, Melissa Feliciano of the strategy and corporate management department, and lawyer Julius Raboca, chairman of the CIAC board committee on business development.
“Our prime government lands surrounding the Clark airport have to be under the radar of global industry leaders so we hope the interests generated from our joining the investment mission will soon come to fruition,” Paglinawan said.
Also present during the trip were representatives from the Department of Trade and Industry, Subic-Clark Alliance for Development, Poro Point Management Corporation, and the Philippine Economic Zone Authority.
Paglinawan said several companies engaged in business process outsourcing, renewable energy projects, agriculture and food security, infrastructure development, digital innovation, and electric vehicle manufacturing have expressed interest in forging trade deals with the CIAC.
She noted Clark’s world-class international airport, the sprawling and uncongested aviation complex, and a business-friendly and disaster-resilient environment make Clark a distinctly viable investment option for Australian companies in the region.
Some 584 hectares of prime real estate managed by the CIAC are up for lease for mixed-use commercial use, logistics and transport hubs, service industries for airlines, manufacturing, information and technology, and other non-aviation-related industries.
The Australia-ASEAN Business Forum was attended by around 500 participants and featured business leaders and experts in Southeast Asia and Australia, including Australia’s Assistant Minister for Trade and Manufacturing Hon Tim Ayres MP and Australia’s Special Envoy for Southeast Asia Mr. Nicholas Moore.
After which, dialogues were also held with the ASEAN Business Advisory Council, and the Australia-Philippines Business Council.
