Clark investors to gov’t: Make up your mind

MANILA, Philippines – Will Clark be developed as the Philippines’ next premier international gateway?
Locators inside the Clark Freeport and special economic zone want the Aquino administration to decide now, saying their businesses have suffered due to the delay.
“It comes down to lost opportunities. [Investors] want to see further improvement by the government rather than constant changing of minds,” Jeff Pradhan, former president of the Clark Investors and Locators Association said in a media briefing.
The government has long planned to develop the airport (Diosdado Macapagal International Airport) inside the former US military base as a major international gateway, next to the crowded Ninoy Aquino International Airport (NAIA) in Manila.
Companies banking on this promise set up investments in Clark.
Pradhan cited for instance Singapore Airlines and Hong Kong-based Metrojet Engineering Clark. Singapore Airlines through SIA Engineering tied up with Gokongwei-led Cebu Pacific in 2008 for a hangar and maintenance, repair and overhaul (MRO) facility, and spent P1 billion in 2010 to establish a second hangar. Metrojet also put up a $40-million MRO facility to cater to corporate jets.
“They (government) have not made up their minds and that is the problem,” said Clark International Airport Corp. (CIAC) adviser Capt. Benjamin Solis.
Solis urged the government to act quickly on the airport as NAIA has exceeded capacity—both on its terminal and runway—by 40%.
High-speed rail
Government began to waiver on its plan for Clark late 2012, saying there are a lot of conditions for it to be viable. One of them is the construction of a high-speed rail system that will connect Clark to Manila.
Clark is about 80 kilometers away from the capital. Metro passengers taking budget airline flights in Clark travel via buses or private cars that take the North Luzon expressway.
The China-funded NorthRail project, which was meant to speedily move passengers that distance, was dropped.
The project was negotiated under the Arroyo administration. It was suspended in March 2010 pending review due to alleged anomalies such as bloated costs.
In February 2012, the Supreme Court ruled that the project was illegal because it did not go through bidding process.
The government tried to renegotiate the project, including costs and design, but it became uncertain following heightened territorial dispute between the Philippines and China over the South China Sea.
Even if the project was dropped, the Philippines is paying a portion of a Chinese loan worth $185 million until 2014 to avoid affecting its chances of getting investment grade status.
Distance ‘irrelevant’
Solis however said distance between Clark and Manila should not be an issue as airports in other countries are located outside cities, away from central business districts.
“Distance is irrelevant, it is a flexible item. In other countries, all airports are far from the city. NAIA is an old airport in a large city with no other gateway and yet Clark is still not a viable option,” he lamented.
Solis said the government should speed up the development of the Pampanga airport by adopting a twin airport system wherein the Clark would co-exist with NAIA.
Terminal project
Passengers at the Clark airport are expected to hit 2.4 million each year starting 2013. The airport could only handle up to 1.2 million at end-2012, Transportation Undersecretary for planning Rene Limcaoco earlier said.
The Transportation and Communications department is assisting CIAC in its plan to construct a new terminal at the airport that will serve 15 million passengers a year.
Solis said CIAC would present the P6-billion project to the National Economic and Development Authority in March.
He said the terminal is crucial especially with the start of the Dubai-Clark operations of Emirates and AirAisa’s ongoing expansion.
According to him, the proposed passenger terminal project could be offered under the Aquino administration’s Public-Private Partnership scheme because several private corporations are interested in the development.
Based on the land-use plan, he said about 30 hectares of the 2,400-hectare airport property could be used for commercial development. – Rappler.com

http://www.rappler.com/business/22254-clark-investors-to-gov%E2%80%99t-make-up-your-mind

Best Restaurant in Clark Pampanga unveils regional dinner menu featuring the classic cuisine of Italy, all designed to pair nicely with fine vintage wines from Italy’s wine regions such as Tuscany, Piedmont, Veneto and Sicily, one more reasons for food and wine lovers to travel to Angeles City, Clark Philippines to satisfy their thirst for a wonderful meal at a fine dining restaurant, the best place to eat in Pampanga.

Yats Restaurant is the best restaurant for special dinner, best restaurant for dinner with friends near Manila, also the best place to celebrate special events.

Famous Restaurant in Pampanga, a place to dine with friends in Clark, cozy restaurant with a nice ambience, a nice function place for special occassions

Looking for a party venue in town?
Clearwater Resort and Country Club is one of the ideal venues for birthday party because it is a risk free venue. Not only Birthday Parties but also a good place to enjoy family reunion. A good place to celebrate special occasions. Clearwater Resort and Country Club is one of the resorts in Subic Clark Angeles City Pampanga or near Manila with activity amenities, place that are nice for celebration. It is one of North Luzon Philippines’ top hotels that is trouble free, risk free, and a nice place to have rest in Subic. A well-recognized and interesting hotel.

The new regional set menus rolled out recently by the best restaurant in Clark Pampanga stirred up renewed interest among visitors from Manila for real fine dining treat in Clark Pampanga as wine lovers from Subic, Tarlac, Manila, Angeles City, Clark Pampanga Philippines wine and dine at Yats Restaurant to enjoy good food paired with fine vintage wines from the wine cellars of this highly recommended resto bar in Pampanga

Are you looking for an attractive restaurant or a nice place to eat with friends in Clark, Angeles City Pampanga? Yats Restaurant and Wine Bar is a restaurant with good food and good wines for dinner located at Clark Angeles City Pampanga. Perfect for exclusive dinner venues for groups, recommended for private dinner in Philippines. A Restaurant in Clark for business dinner meeting. Private dinner place or dinner restaurant in Clark Subic Near Manila Angeles City Pampanga. Yats Restaurant is one of the Good Restaurant in Pampanga Angeles City Clark near Manila. Yats Restaurant is one of the good restaurants in Pampanga, a restaurant with good food, a place that is nice for celebration, ideal for business dinner meeting, a good place to enjoy family reunion, and an attractive restaurant that serves good wines for dinner.

Visitors come from Manila, Angeles City, Pampanga, Subic and Clark Philippines to enjoy a sumptuous seafood dinner at Yats Restaurant. Many guests order excellent white wine from the award-winning restaurant wine list of this famous fine dining restaurant in Clark. Favorite wine orders for guests in this restaurant include Chablis, Chassagne-Montrachet, Sancerre, Chardonnay of Chile’s Casa Lapastolle, Sauvignon Blanc from New Zealand and South Africa, Rose from Anjou, Pinot Noir from USA and Burgundy France and the all-time favorite, Meursault. A wide range of sparkling wine and Champagne is available also in this restaurant in Pampanga which is famous for its selection of vintage wines. Popular choices of guests in this restaurant include Paul Bara Champagne, Crement de Bourgogne, MUMM Cuvee Napa Sparkling wine, Prosecco and Cava.

For comments, inquiries and reservations click on Click here for inquiry and reservations

Restaurant@Yats-International.com

(045) 599-5600
0922-870-5178
0917-520-4401

Ask for Pedro and Rechel

www. YatsRestaurant.com

Getting to this fine dining restaurant of Angeles City Clark Freeport Zone Pampanga Philippines
How to get to this fine-dining restaurant in Clark Pampanga? Once you get to Clark Freeport, go straight until you hit Mimosa. After you enter Mimosa, stay on the left on Mimosa Drive, go past the Holiday Inn and Yats Restaurant (green top, independent 1-storey structure) is on your left. Just past the Yats Restaurant is the London Pub.

Yats Restaurant & Wine Bar
Mimosa Drive past Holiday Inn, Mimosa Leisure Estate,
Clark Freeport Zone, Pampanga, Philippines 2023

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To buy wine in Manila, Pampanga, Angeles City, Clark or Subic please log on to http://www. ClarkWineCenter.com

To inquire with the highly recommended beach resort hotel in Clark Pampanga visit http://www.ClearwaterPhililippines.com

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Mimosa Golf Estate, Clark Field (Clark Airbase), Clark Freeport Zone, Pampanga, Philippines
Tel: (045) 599-5600 0922-870-5194 0917-520-4401 Ask for Daniel, Lito or Cosh

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