Clark Airport signs 25-year lease deal with Heatcon for composite facility

CLARK International Airport Corp. (CIAC) said it signed a 25-year lease agreement with composite repair equipment supplier Heatcon Asia, Inc. to establish a manufacturing, material distribution, and in-shop composite repair facility within the Clark Civil Aviation Complex.

“This investment represents a significant milestone in Clark’s continued emergence as a leading aviation and aerospace hub,” CIAC President and Chief Executive Officer Joseph Pascua Alcazar said in a statement on Wednesday.

Heatcon is a supplier to Boeing Co.

“Heatcon’s facilities support major aviation players in the region, including Boeing, and are expected to further strengthen Clark’s position as an attractive destination for aircraft Maintenance, Repair, and Overhaul (MRO) services,” Mr. Alcazar said.

Established in 1978, Heatcon supplies hot bonders, heat blankets, and process materials to commercial and military aviation clients.

CIAC is the land and aviation development arm of the Bases Conversion and Development Authority. It is tasked with developing the Clark Aviation Capital for global enterprises specializing in industrial, commercial, warehousing, and high-tech manufacturing operations. — Ashley Erika O. Jose