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Publish Date : 30-Jan-2019

In line with the Philippine governments commitment to provide world-class airport services, the Department of Transportation (DOTR) and the Bases Conversion and Development Authority (BCDA) sealed the Concession Agreement for the Operations and Maintenance (O&M) of the Clark International Airport (CRK) with the North Luzon Airport Consortium (NLAC) on 21 January 2019.

BCDA President and CEO Vivencio Dizon signed the O&M Agreement with NLACs authorized representative Ana Venus Mejia. NLAC was awarded the contract in December 2018.

DOTr Undersecretary for Aviation and Airports Manuel Antonio Tamayo, BCDA Executive Vice President Aileen Zosa, and top executives representing the four-member companies of NLAC: Josephine Gotianun-Yap of the Filinvest Development Corporation (FDC), Lance Gokongwei of JG Summit Holdings Inc. (JGSHI), Janette Cordero of the Philippine Airport Ground Support Solutions Inc. (PAGSSI), and Lim Liang Song of Changi Airports Philippines Pte. Ltd. witnessed the signing of the agreement.

The Agreement grants a 25-year concession to NLAC to undertake O&M construction works at the Clark International Airport; develop its commercial assets; operate and maintain its project facilities (including the existing terminal); finance the aforementioned activities; and transfer possession, operation and control of the project assets to BCDA, in accordance with the concession requirements.

The selection process of the O&M partner underwent a stringent and transparent bidding process conducted by the BCDA Special Bids and Awards Committee, with the guidance of the International Finance Corporation of the World Bank (IFC-WB) as transaction adviser, and the Public-Private Partnership Center (PPPC).

Representatives of the IFC-WB and the PPPC were also present during the signing of the Concession Agreement.

Operations and maintenance are crucial components for the development of CRK as a premier gateway in the country that offers world-class quality service to our travelers in North and Central Luzon.

Along with the development of the entire Clark Freeport and Special Economic Zones, the expansion of CRK is a centerpiece project under President Rodrigo Dutertes Build, Build, Build program that seeks to accelerate the development of Central Luzon and New Clark City as major economic hubs in the country.

DOTr and its partner agencies continue to strive to enhance mobility and connectivity in this country through the BuildBuildBuild Program of President Duterte. Part of this program is the development of our airports. We will do this quick. And we will do this without any taint of corruption, DOTr Secretary Arthur Tugade said.

For the protection of the present and future governments from undue and contingent risks and liabilities, the concession agreement for the O&M contract obtained clearance from the Office of the Government Corporate Counsel (OGCC) and the Department of Finance (DOF).

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