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Showing posts with label Central Luzon. Show all posts
Showing posts with label Central Luzon. Show all posts

Friday, March 8, 2013

Stock News 2013: SMC puts airport plan on hold

English: Termainl 3 at Manila Airport
English: Termainl 3 at Manila Airport (Photo credit: Wikipedia)

San Miguel Corp. (SMC) is putting on hold its proposal to build a new airport in Metro Manila in reaction to the government’s evolving policies that have delayed the implementation of key projects three years into President Aquino’s term.

SMC president Ramon S. Ang on Wednesday told reporters that the government should open up projects to all bidders instead of introducing restrictions that would hamper the participation of certain major players.

He was referring to the Department of Transportation and Communication’s (DOTC) inclusion of restrictions on the participation of airline companies or owners from bidding for the P17.5-billion Mactan Cebu International Airport (MCIA) project.

The policy was later relaxed to allow airline owners to have a 33-percent stake in a consortium interested in the project. This was included in the pre-qualification requirements for interested parties to avert possible conflicts of interest, with the airport operator giving more favorable terms to its affiliates over rivals.

“I don’t understand that 33-percent restriction. If the government really wants to get the best deal, then they should open up the bidding. That’s real transparency,” Ang said. “If you want the best deal, you have to let everyone join. It will maximize the potential of the project.”

SMC earlier said it would build a new 2,000-hectare international airport near Manila to complement the existing Ninoy Aquino International Airport (Naia).

He said the new airport could co-exist with both Naia and the Clark International Airport in Pampanga, which the government wants to develop into a major hub for Northern and Central Luzon.

Ang said that SMC has lost its enthusiasm to participate in the MCIA bid because of the government restrictions.

http://business.inquirer.net/111015/smc-puts-airport-plan-on-hold

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Thursday, February 14, 2013

Stock News 2013: Clark International Airport as Asia’s next ‘aerotropolis’

English: Night-time balloon display during the...
English: Night-time balloon display during the Hot Air Balloon Fiesta at Clark, Pampanga (Photo credit: Wikipedia)

With the world’s economic center of gravity rapidly moving eastward, there is increasing urgency to develop Clark International Airport into an aviation hub, and this is the focus of a two-day conference to be held this month at the Clark Freeport Zone in Pampanga.

“The Case for Asia’s Next Aerotropolis” is the theme of the Clark Aviation Conference 2013, a trade gathering that will examine Clark’s compelling case as an aerotropolis, an idea in community planning where airports serve as the center for new cities growing around them.

The conference, being organized by Clark International Airport Corp (CIAC) in partnership with Global Gateway Logistics City, takes place Feb. 21-22, 2013, at the Widus Convention Center in Clark Freeport Zone. It coincides with the annual Hot Air Balloon Fiesta.

“The event will highlight Clark International Airport’s critical role in easing air traffic congestion in Manila and driving economic expansion in Central Luzon. It will also identify infrastructure and policy developments at Clark Freeport Zone that are designed to attract airport-related businesses and investments,” said CIAC president and CEO Victor Jose Luciano.

“More importantly, the conference is a call for the full development of Clark International Airport as an aviation nerve center in the light of the economic growth in Asia.”

Heads of government agencies—including Tourism Secretary Ramon Jimenez, Bases Conversion and Development Authority president Atty. Arnel Casanova and Trade Assistant Secretary Fe Agoncillo-Reyes—and private-sector representatives will look at Clark’s prospects as an aviation and investment destination in Asia, even as they examine pressing aviation and tourism concerns and propose sustainable and long-term solutions.

http://business.inquirer.net/107043/clark-international-airport-as-asias-next-aerotropolis

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