Businessman bullish on Clark developments

A BUSINESSMAN is bullish on future developments in the Clark Freeport.

Clark Investors and Locators Association (CILA) chairman Dr. Irineo Alvaro Jr., cited the soon-to-open airport terminal which they expect to bring in more tourists, thus, spur more business developments and expansions, and in turn create more job opportunities.

“We’re looking forward to 2020 because Clark officials said they will be opening the new airport by then. So meaning to say, that’s a lot of people (coming in),” Alvaro said.

The construction of the new passenger terminal at Clark International Airport is expected to be completed by June 2020 which can accommodate an additional 8 million passengers yearly. To be developed in four phases, the facility is envisioned to make the Clark International Airport be on par with or even surpass international airports across the globe.

Meanwhile, Alvaro also shared that they are pouring another P2-billion investment inside the Freeport for the construction of the 200-room Mirej Hotel which will complement their existing water theme park.

Currently, Alvaro and his Taiwanese partners have also infused multi-billion-peso investments on Midori Hotel and Casino, Eaglesky Company, and the 10-hectare Aqua Planet water theme park.

“We will risk our last centavo for Clark,” Alvaro said.


SunStar website welcomes friendly debate, but comments posted on this site do not necessarily reflect the views of the SunStar management and its affiliates. SunStar reserves the right to delete, reproduce or modify comments posted here without notice. Posts that are inappropriate will automatically be deleted.

Forum rules:

Do not use obscenity. Some words have been banned. Stick to the topic. Do not veer away from the discussion. Be coherent. Do not shout or use CAPITAL LETTERS!