A Filinvest Development Corporation (FDC) and JG Summit Holdings Inc. (JGS) consortium has submitted an P839-billion unsolicited proposal to the Philippine government for the long-term development of Clark International Airport.
In a disclosure to the Philippine Stock Exchange, the consortium said it had appointed Changi Airports International as its technical partner. CAI is a wholly-owned subsidiary of Changi Airport Group, the operator of Singapore Changi Airport.
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