CLARK FREEPORT -- A top official of the Bases Conversion and Development Authority (BCDA) has said President Duterte’s Executive Order Number 14 will allow for the efficient development of Clark International Airport.
BCDA President and Chief Executive Officer Vince Dizon issued the statement a few days after President Rodrigo Duterte signed EO 14, which reverted the Clark International Airport Corporation (CIAC) from the Department of Transportation (DoTr) to BCDA.
“The EO will allow DoTr and BCDA to implement the development of Clark International Airport more efficiently,” Dizon said.
The EO sought to restructure the CIAC from being an attached agency of the (DOTr) to a BCDA subsidiary.
Duterte stated in the EO that the move is meant “to ensure the development of the CCAC (Clark Civil Aviation Complex) and remains parallel with the development of the Clark Freeport as a premier investment and promotion destination.”
The DOTr, which currently has the control and supervision over the CIAC, was directed to transfer the ownership to BCDA.
“The DOTr is hereby ordered to facilitate the transfer and conveyance of the shares currently owned by the Republic of the Philippines, as well as those shares held in the name of its nominee stockholders, in favor of BCDA and its nominees,” the order read.
“Any delay in the execution of such documents of transfer and conveyance of the shares of stock of CIAC shall not, in any event, delay, hinder or deter the immediate exercise of ownership rights over CIAC by BCDA,” it added.
The EO, however, provided that the DOTr would maintain its policy supervision and operational control over the CIAC.
The CIAC is composed of DOTr Secretary as chairperson; Tourism Secretary, BCDA president, CIAC president as vice chairperson and Civil Aviation Authority of the Philippines director general and six Presidential appointees as members.