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Korea to draw up $2-M master plan for Clark airport dev't |
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Tuesday, 25 December 2007 23:06 |
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{mosimage}CLARK FREEPORT--A $2-million master plan for the "holistic development" of the Diosdado Macapagal International Airport here will be prepared by the Korea International Cooperation Agency (Koica).
Officials of the state-owned Clark International Airport Corp. announced Koica's undertaking following the recent signing of an agreement in Malacañang.
On behalf of President Gloria Macapagal-Arroyo, Executive Secretary Eduardo Ermita witnessed the signing of the records of discussions between CIAC president and chief executive officer Victor Jose Luciano and Koica resident representative Kim In.
Luciano said Koica has approved a technical grant of $2 million for feasibility studies on Phase I of the DMIA master plan and its logistics facilities, runway extension, ground transport center and international gateway terminal.
He said the project aims to "contribute to the development of the DMIA and improve airport-related technology in the Philippines through technology transfer of Korea's airport development expertise."
At the same time, this will strengthen the relationship and cooperation between the two countries through the successful implementation of the project, Luciano said.
"This project, along with the expansion of the DMIA passenger terminal to 10 million annual capacity, is in preparation for the full liberalization of air travel in the region by December 2008," he said.
The Arroyo administration has been pouring more resources and support services to the DMIA since 2001 to turn the former United States military airport into the country's premier airport as well as logistics hub in the Asia-Pacific, Luciano added.
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