Logistics Park, MRO facilities to rise in DMIA
March 30, 2008
Two multi-billion-peso logistics projects comprising a Logistics Park and a Maintenance, Repair and Overhaul (MRO) facility will soon rise in the Diosdado Macapagal International Airport (DMIA) with the signing of agreements on April 4.
CIAC President Victor Jose I. Luciano will sign Memorandum of Agreements (MOAs) with Singapore Airlines Engineering Company (SIAEC) and Kuwait Gulf and Link (KGL) of Kuwait during the inauguration of the expanded passenger terminal of the DMIA.
Luciano said KGL will establish the Global Gateway Logistics Park located at Industrial Estate Five while SIAEC of Singapore will set-up a $100-million, 10-hectare maintenance, repair and overhaul (MRO) facility at DMIA.
The KGL project, initially costing about $25,000,000, will be aviation-related and dependent businesses including but not limited to warehousing, distribution, multi-nodal logistics, light manufacturing alongside complementary business operations and facilities to support aviation-related activities within the Civil Aviation Complex of the airport.
KGL will occupy at least 1,250,000 square meters (125 hectares) at the civil aviation complex for the development of the world-class logistics park.
SIAEC, meanwhile, will pour an initial $100 million investment for its project to set up a world-class MRO facility.
SIAEC, a major provider of aircraft maintenance, repair and overhaul services in the Asia Pacific Region, is part of the Singapore Airlines Group and provides maintenance services to Singapore