Clark international airport new terminal building project

The Clark International Airport (CRK) New Terminal Building Project is a major infrastructure development aimed at increasing the airport's capacity and improving the passenger experience. Here are some key details about the project:

Background: Clark International Airport is a major gateway to Central Luzon and the Clark Freeport Zone, a major economic hub in the Philippines. The airport has been experiencing rapid growth in passenger traffic, with a compound annual growth rate (CAGR) of 15% from 2015 to 2020. To address the increasing demand, the airport authority, Clark International Airport Corporation (CIAC), embarked on a major expansion project to build a new terminal building.

Project Details:

• The new terminal building will have a total floor area of approximately 150,000 square meters, with a capacity to handle 8 million passengers per year.
• The terminal will have 24 aerobridges, 12 of which will be equipped with jetways, and 12 remote gates.
• The project includes the construction of a new apron, taxiways, and a road network to support the increased aircraft movements.
• The terminal will feature modern amenities, including 24-hour duty-free shops, restaurants, and lounges.
• The project also includes the installation of advanced security screening systems and baggage handling systems.

Features:

• The new terminal building will have a unique design that reflects the airport's location in the Clark Freeport Zone, which is a former US military base.
• The terminal will have a large glass façade, providing natural light and offering stunning views of the surrounding landscape.
• The airport will have a dedicated area for low-cost carriers, with separate check-in and baggage claim facilities.
• The project includes the construction of a new parking building with a capacity for 1,500 vehicles.

Timeline: The project was initially scheduled to be completed in 2022, but due to delays, the target completion date has been pushed back to 2024.

Cost: The estimated cost of the project is PHP 15.4 billion (approximately USD 300 million).

Funding: The project is being funded through a combination of government funding, private sector investments, and loans from international financial institutions.

Impact: The new terminal building project is expected to have a significant impact on the airport's operations and the local economy. It will increase the airport's capacity, reduce congestion, and improve the overall passenger experience. The project is also expected to create jobs and stimulate economic growth in the region.

Overall, the Clark International Airport New Terminal Building Project is a major infrastructure development that will help to position the airport as a major hub in the Philippines and a key gateway to the region.