Open Skies Policies path way for Clark Freeport to be Philippines capital city for business and travel
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 PHILIPPINE DAILY INQUIRER, one of Philippinesā major newspaper.
āPocket open skiesā pushed
By Ronnel Domingo
Philippine Daily Inquirer
THE NATIONAL COMPETITIVENESS Council yesterday urged local airlines to support a proposed executive order that provides for āpocket open skies,ā saying this would benefit growth since it would apply only to the Clark airport.
Meneleo J. Carlos Jr., the NCCās champion for a seamless infrastructure network, said in an interview that the government-private sector body was ready with its proposed EO 500B, which is expected to boost in-bound budget tourism, which would have a domino effect on the domestic sector.
Carlos explained that as proposed, EO 500B would offer limited air rights to foreign carriers, namely the third and fourth freedoms of the airāthat right to carry passengers from oneās country to another and the right to bring them in from one country to oneās own.
āThese would be for six months and, if there are no serious (contrary developments), the fifth freedom may be implemented but only at the Diosdado Macapagal International Airport (DMIA),ā he said.Ā 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.
Carlos explained that the fifth freedomāalso referred to in the aviation industry as āconnecting flightāāmeant full open skies as this allows airlines to carry passengers from oneās country to another, and onward to a third.
āThe original EO 500 provided the fifth freedom and we have seen its benefits,ā he said. āUnfortunately this was rescinded through EO 500A.ā
Carlos said such āpocket open skiesā would be a boon for overseas Filipino workers who could travel back home more often through the budget airlines.
He added that the domestic hotel and airline industries would get more business in accommodating more tourists and ferrying them from Clark to their final destinations like Boracay and other tourist favorites.
Source:Ā
http://business.inquirer.net/money/breakingnews/view/20071219-107740/%91Pocket_open_skies%92_pushed
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