Clark International Airport poised to become Philippines’ main air travel hub replacing Manila
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Investing in the Philippines is no longer a high-risk proposition because of new haven for foreign investments like Pampanga Clark Freeport Zone which offers an environment that is favorable not only for business but also in terms of quality of life for investors who plan to live in the Philippines.Ā
Deterring factors that have been the bane of Philippinesā foreign investment are not a real issue in these investment oases like Clark Philippines.Ā Major issues plaguing foreign investment growth in other parts of the Philippines include law and order, pollution, political unrest, traffic congestion and a generally poor quality of living do not exist in Clark Pampanga.Ā
Clark boasts the lowest crime rates in the nation, low pollution levels and traffic congestions and a generally clean and appealing ambience redolent of a suburban city in California for example.Ā Quality of living is high and especially appealing to foreigners since a sizeable portion of the population is made up of foreigners.Ā The culture of Clark is mixed, almost as international as Singapore and Hong Kong.
To keep would-be investors and people who plan to retire in the Philippines well informed about Clark Freeport Pampanga, ClarkPhilippines.com shares with you news, articles and pertinent information about business, investment opportunities, real estate and properties, law and order, jobs and retirements, travel and leisure of this bustling new cosmopolitan city of the Philippines.
Synopsis:Ā Ā Good news to investors looking at and established businesses located inside Pampanga Clark Freeport Zone Philippines; Clarkās international airport DMIA may finally become Philippinesā ācapitalā international airport if open skies policy is implemented.Ā Tired Manila Airport NAIA has long outlived its usefulness as the countryās main international airport.Ā Clark has been slated to replace Manila as the hub for air travel not only for passengers but also cargo.
Here is a report by Business Mirror, one of Philippinesā major newspaper.Ā
Investing in the Philippines is no longer a high-risk proposition because of new haven for foreign investments like Pampanga Clark Freeport Zone which offers an environment that is favorable not only for business but also in terms of quality of life for investors who plan to live in the Philippines.Ā
Ā
Deterring factors that have been the bane of Philippinesā foreign investment are not a real issue in these investment oases like Clark Philippines.Ā Major issues plaguing foreign investment growth in other parts of the Philippines include law and order, pollution, political unrest, traffic congestion and a generally poor quality of living do not exist in Clark Pampanga.Ā
Ā
Clark boasts the lowest crime rates in the nation, low pollution levels and traffic congestions and a generally clean and appealing ambience redolent of a suburban city in California for example.Ā Quality of living is high and especially appealing to foreigners since a sizeable portion of the population is made up of foreigners.Ā The culture of Clark is mixed, almost as international as Singapore and Hong Kong.
Ā
To keep would-be investors and people who plan to retire in the Philippines well informed about Clark Freeport Pampanga, ClarkPhilippines.com shares with you news, articles and pertinent information about business, investment opportunities, real estate and properties, law and order, jobs and retirements, travel and leisure of this bustling new cosmopolitan city of the Philippines.
Ā
Synopsis:Ā Ā Good news to investors looking at and established businesses located inside Pampanga Clark Freeport Zone Philippines; Clarkās international airport DMIA may finally become Philippinesā ācapitalā international airport if open skies policy is implemented.Ā Tired Manila Airport NAIA has long outlived its usefulness as the countryās main international airport.Ā Clark has been slated to replace Manila as the hub for air travel not only for passengers but also cargo.
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Here is a report by Manila Standard Today, one of Philippinesā major newspaper.
Manila readies open-skies law
By Joyce Pangco PaƱares
THE Aquino administration is studying the possibility of declaring a āpocket open-skiesā policy to āgive substance to the administrationās message that the Philippines is open for business,ā an official said Wednesday.
Solicitor General Joel Cadiz said he had drafted an executive order to that effect, but he declined to say if it was patterned after Executive Order 500-A that partially liberalized the air services at the Diosdado Macapagal International Airport (DMIA).Ā
DMIA is located in Pampanga Clark Freeport Zone just 70 minutes north of Manila, with a newly refurbished world-class highway called NLEX linking the two cities.
āIt can still undergo a big revision, so I would prefer not to to give details yet,ā Cadiz said.
āThe Cabinet cluster just had preliminary talks on the issue.ā
A Palace source said a more liberal air services policy was part of the agenda of the meeting of the Cabinet economic cluster with the President last week.
Tourism Secretary Alberto Lim had earlier submitted a memorandum to Finance Secretary Cesar Purisima citing the recommendations of the inter-agency task force on open skies composed of the Transport, Trade and Justice Departments and the National Economic and Development Authority.
Lim broached the idea of adopting a pocket open-skies policy similar to EO 500-A, as well as the lifting of the common carrier tax and the gross billing tax on airlines.
A separate memorandum from the Cabinet economic cluster underscored the importance of liberalizing the countryās air services to āgive substance to the administrationās message that the Philippines is open for business.
āWe recommend that this administrationās reform agenda should pursue the full implementation of civil aviation liberalization policy pursuant to Executive Order No. 219,ā said the two-page memo from Purisima, Lim, Budget Secretary Florencio Abad, Trade Secretary Gregory Domingo, Public Works Secretary Rogelio Singson, Transport Secretary Jose de Jesus, NEDA Director-General Cayetano Paderanga, Justice Secretary Leila de Lima, and Energy Secretary Rene Almendras.
Source: http://www.manilastandardtoday.com/insideNews.htm?f=2010/october/21/news6.isx&d=2010/october/21#
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