The Clark International Airport Corporation (CIAC) has secured two lease agreements for the Philippine Aerospace Hub, a key project to develop the country's aviation sector. The deals were announced on July 30, 2026, and involve partnerships with local and international firms.
According to CIAC President and CEO, the leases cover land and facilities within the Clark Freeport Zone, designed to attract aerospace maintenance, repair, and overhaul (MRO) operations. The hub aims to create jobs and enhance the Philippines' position in the global aerospace supply chain.
Details of the lessees and specific terms were not disclosed, but the agreements are part of a broader strategy to transform Clark into a regional aviation center. The Philippine government has supported the initiative through infrastructure investments and tax incentives.
