Clark 3rd best airport freezone in the world

Posted at 07/31/2012 10:10 AM | Updated as of 07/31/2012 6:05 PM

MANILA, Philippines - Clark International Airport in Pampanga was ranked third best airport freezone in the world according to a survey conducted by a magazine published by the Financial Times Business Group of London.

A Palace official welcomed the report, saying the government is working to improve the airport's facilities.

"We welcome the assessment made by the London Financial Times Group. Certainly, we are in the process of improving our airport facilities... That has been the commitment made by Transportation and Communications Secretary Mar Roxas to the President and, therefore, the said agency will exert all its best efforts to improve the facilities of not only Clark but also the other airports," Presidential Spokesperson Edwin Lacierda said.

FDi Magazine, a bi-monthly news and foreign direct investment publication, recently published its "Global Free Zones of the Future 2012/13" report. In the magazine's report, Clark International Airport Corporation (CIAC), which runs the airport, was named the third best freeport airport in the world.

The same magazine ranked Clark Freeport Zone as the 8th best freeport zone in the world, with Dubai Airport Free Zone being named the best. In 2010, Clark Freeport Zone was ranked 7th.

Earlier, the Department of Transportation and Communication said it is financing a P100-million study on the feasibility of turning Clark International Airport into the main international airport of the country.