Two firms to develop logistics & aircraft hub at DMIA for $ 125M
CLARK FREEPORT, A Kuwaiti firm will develop a world-class logistics hub costing $ 25 million in the Diosdado Macapagal International Airport (DMIA) complex.
Singapore Airlines Engineering Company (SIAEC) will also pour in an initial $ 100 million investment for its project to set up a world-class aircraft repair facility at DMIA complex.
The Global Gateway Logistics Park will be established by the Kuwait Gulf and Link (KGL), according to Clark International Airport Corporation (CIAC) President and CEO Victor Jose I. Luciano who is set to sign the Memorandum of Agreement (MOA) with the Kuwait firm on Friday during the inauguration of DMIAs Expanded Terminal.
The KGL project will be aviation-related and dependent businesses including but not limited to warehousing, distribution, multi-nodal logistics, light manufacturing alongside complementary business operations and facilities to support aviation-related activities within the Civil Aviation Complex of the airport.
KGL will occupy at least 250,000 square meters (125 hectares) at the civil aviation complex for the development of the world-class logistics park, Luciano said.
President Gloria Macapagal Arroyo has envisioned the development of a megalogistics hub and services in the Subic-Clark Corridor, with Clark as site of an international airport and Subic as site of a deep-sea port.
Clark and Subic will be connected via the P27.5 billion Subic-Clark-Tarlac Expressway (SCTex).
Meanwhile, SIAEC of Singapore will also sign an MOU for the setting up of a $ 100-million, 10-hectare maintenance, repair and overhaul (MRO) facility at DMIA.
SIAEC, a major provider of aircraft maintenance, repair and overhaul services in the Asia Pacific Region, is part of the Singapore Airlines Group and provides maintenance services to Singapores Changi Airport for the more than 60 international carriers including airframe and component overhaul on some of the most advanced widely used commercial aircraft in the world.
SIAECs line maintenance support extends to more than 40 countries such as Australia, China, Indonesia and the Philippines.
Luciano said SIAEC is expected to generate 700 jobs in the field of aircraft repair and maintenance, adding that the Singaporean group will construct five large hangars at DMIA for the repair of Boeing and Airbus aircraft.
The MRO will complement the development of a logistics hub and the development of DMIA as envisioned by President Arroyo.
The facility will occupy a 10-hectare property at the DMIA which would be the center of repair, maintenance and overhaul of various wide and narrow-bodied aircraft such as the Airbus A380, currently the worlds largest aircraft, the Airbus 300 and Boeing 747s and 777s, among others.
SIAEC services at least 80 international carriers and aerospace equipment manufacturers. It has 20 certifications from airworthiness authorities around the world with six hangars and 22 in-house workshops in Singapore which provide a complete MRO services in airframe, component, engine, aircraft conversions and modifications to major airlines from four continents. (PNA)
Singapore Airlines Engineering Company (SIAEC) will also pour in an initial $ 100 million investment for its project to set up a world-class aircraft repair facility at DMIA complex.
The Global Gateway Logistics Park will be established by the Kuwait Gulf and Link (KGL), according to Clark International Airport Corporation (CIAC) President and CEO Victor Jose I. Luciano who is set to sign the Memorandum of Agreement (MOA) with the Kuwait firm on Friday during the inauguration of DMIAs Expanded Terminal.
The KGL project will be aviation-related and dependent businesses including but not limited to warehousing, distribution, multi-nodal logistics, light manufacturing alongside complementary business operations and facilities to support aviation-related activities within the Civil Aviation Complex of the airport.
KGL will occupy at least 250,000 square meters (125 hectares) at the civil aviation complex for the development of the world-class logistics park, Luciano said.
President Gloria Macapagal Arroyo has envisioned the development of a megalogistics hub and services in the Subic-Clark Corridor, with Clark as site of an international airport and Subic as site of a deep-sea port.
Clark and Subic will be connected via the P27.5 billion Subic-Clark-Tarlac Expressway (SCTex).
Meanwhile, SIAEC of Singapore will also sign an MOU for the setting up of a $ 100-million, 10-hectare maintenance, repair and overhaul (MRO) facility at DMIA.
SIAEC, a major provider of aircraft maintenance, repair and overhaul services in the Asia Pacific Region, is part of the Singapore Airlines Group and provides maintenance services to Singapores Changi Airport for the more than 60 international carriers including airframe and component overhaul on some of the most advanced widely used commercial aircraft in the world.
SIAECs line maintenance support extends to more than 40 countries such as Australia, China, Indonesia and the Philippines.
Luciano said SIAEC is expected to generate 700 jobs in the field of aircraft repair and maintenance, adding that the Singaporean group will construct five large hangars at DMIA for the repair of Boeing and Airbus aircraft.
The MRO will complement the development of a logistics hub and the development of DMIA as envisioned by President Arroyo.
The facility will occupy a 10-hectare property at the DMIA which would be the center of repair, maintenance and overhaul of various wide and narrow-bodied aircraft such as the Airbus A380, currently the worlds largest aircraft, the Airbus 300 and Boeing 747s and 777s, among others.
SIAEC services at least 80 international carriers and aerospace equipment manufacturers. It has 20 certifications from airworthiness authorities around the world with six hangars and 22 in-house workshops in Singapore which provide a complete MRO services in airframe, component, engine, aircraft conversions and modifications to major airlines from four continents. (PNA)
Labels: clark, investment
posted by OlongapoCity Zambales at
12:19 PM
0 Comments:
Post a Comment
<< Home