CLARK FREEPORT -- A Korean company located inside the Diosdado Macapagal International Airport (DMIA) aviation complex is facing closure after it reportedly failed to secure permits and clearances from the Clark Development Corporation (CDC).
This was bared recently by officials of the Clark International Airport Corporation (CIAC) who stated that Hyundai Corporation, a dealer of mobile digital televisions, has been operating without the necessary permit.
The corporation is said to be sub-leasing a building from the Farm Fresh 25 Corporation, a food hub of agricultural produce coming from Candaba town and other areas in Luzon.
CIAC officials told Sun.Star Pampanga that the firm constructed a display room inside the aviation complex without securing a building permit.
Aside from this, the company also failed to pay its arrears from February to July this year amounting to about $12,749.48.
The Clark airport officials also cited the failure of Farm Fresh 25 to seek approval from the CIAC Board regarding the sub-leasing of a portion of its area to the Hyundai Corporation.
Farm Fresh 25 even violated several provisions of the Usufruct Agreement it forged with CIAC, according to airport corporation officials.
It was learned that the said agreement expired on May 30, this year.
In applying for a permit to operate inside the Freeport, a locator should secure a sanitary permit, fire safety certificate, certificate of environmental clearance, performance bond, a business permit along with an endorsement from CIAC.
With this problem, some investors of Hyundai Corporation already went back to Korea, it was learned.
These Korean traders reportedly invested billions of pesos for the project.
Candaba Mayor Jerry Pelayo on the other hand belied all of these "allegations" and even denied reports that Farm Fresh 25 violated the agreement it signed with CIAC.
He said that CIAC officials are diverting the real issue from the controversial demolition of buildings inside the aviation complex.
Pelayo, father of Farm Fresh 25 president Patrick Pelayo, earlier hit CIAC president Victor Jose Luciano in connection with the scrap issue. (Reynaldo G. Navales)