Olongapo SubicBay BatangGapo Newscenter

Monday, August 25, 2008

Logistics hub groundbreaking

PRESIDENT Gloria Macapagal-Arroyo is set to lead on Monday the groundbreaking ceremony of the US$1.025-billion Global Gateway Logistics City at the 2,500-hectare Clark Civil Aviation Complex.

The business is expected to generate 35,000 jobs.

Arroyo is expected to arrive at the aviation complex at 2:00 p.m. to lead officials of the Clark International Airport Corporation (Ciac) and Kuwait Gulf and Links (KGL) for the groundbreaking rites and time capsule laying to set up a world-class 167-hectare Global Gateway Logistics City.

Ciac President and chief executive officer (CEO) Victor Jose Luciano and officials of the KGL headed by president Mark Williams last July 16 sealed an agreement at the Ciac Corporate Office for the establishment of the Global Gateway Logistics City.

The logistics hub is set to be the largest in the Philippines.

The logistics project will complement the National Government's grand plan to develop a logistics and services hub in the Subic-Clark Corridor and the development of the Diosdado Macapagal International Airport (DMIA).

The agreement paves the way for the creation of 30,000 to 35,000 jobs and would benefit the surrounding communities of Clark Freeport Zone as well as Northern and Central Luzon.

DMIA is being geared as the next Premier International Gateway and Logistics Hub.

The first stage of the project costs US$25 million. It includes the development of infrastructure such as roads, lights, fence, landscape, sidewalks, utilities, and access points.

The second stage costs about US$1 billion for the construction of facilities and buildings.

Arroyo will also witness the time capsule laying between Luciano and Peregrine Development International president Dennis Wright who is the prime contractor of the multi-billion state-of-the-art project at DMIA.

The KGL group will brief the President on the overall business project.

Other officials include Subic Clark Alliance for Development Council (SCADC) secretary Edgardo Pamintuan, Bases Conversion Development Authority (BCDA) president Narciso Abaya, Clark Development Corporation (CDC) chairman Rizalino Navarro, and CDC president Benigno Ricafort.

Alexander Cauguiran Ciac executive vice president will also be there with Nestor Mangio the chairman, and Bienvenido Manga vice president for operations and general manager.

"We're very excited about the opportunity in signing a partner with Ciac and we're looking forward to a long partnership for both organizations," said Williams.

"Ciac is very proactive in terms of business and were looking forward to bring other Kuwaiti and other Middle Eastern businesses at DMIA and the Philippines," he added.

Williams also said the establishment of the Global Gateway Logistics City located at the Industrial Estate Five "will have a significant multiplier effect to the surrounding communities of Clark and to the Philippines."

Williams said the construction of the project will take at least 24 months and the construction of the facilities and buildings, within the timeframe of seven years.

The KGL project will be an aviation-related and dependent business 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 167 hectares of land within the civil aviation complex for the development of a combined-use logistics hub and techno park.

The project is located at the Industrial Estate Five near the Yokohama Tire Philippines and other Japanese firms in the area.

The KGL investment company is an international alternative investment firm engaged in private equity, venture capital and investment banking.

KGL is a global leader with over 50 years of experience in transportation, logistics, stevedoring, passenger transport, warehousing, supply chain management, and port operations.

KGL's current operations include Kuwait, United Arab Emirates, Jordan, Tunisia, Oman, Namibia, Morroco, Pakistan, Germany, Ireland, Cayman, Mauritius and Egypt.

Ciac has started plans for the development of the Terminal 2 project for DMIA which aims to increase passenger capacity to seven to eight million annually.

Last April 4, Arroyo led the inauguration of the expanded terminal of DMIA which increased passenger capacity to two million annually from its previous 500,000 passengers.

An in-flight catering facility has been set up inside the aviation complex which is being managed and operated by Miascor and Gate Gourmet Philippines which produces around 1,500 meals per day for air carriers operating at the airport.

DMIA is averaging 50 flights per week and it is expected to increase due to the entry of more air carriers such as TransGlobal Airlines and Spirit of Manila Airlines.

The two airlines are set to mount flights at the airport this year that would benefit overseas Filipino workers (OFWs) in the country as well as those working in the Middle East and the Asian region. By Reynaldo G. Navales - SunStar

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