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Clark International Airport Corp. signed on Friday an agreement with the Asian Development Bank and the Public-Private Partnership Center for technical advisory services for the 62-hectare National Food Hub at the Clark civil aviation complex.
Under the agreement, ADB will provide comprehensive market-facing transaction advisory services and technical assistance, including the preparation of pre-tender documents, securing approvals and assisting with the tender process. The PPP Center earlier granted $450,000 in funding support to CIAC for the project. It procured ADB’s Office of Markets Development and Public-Private Partnership services through a negotiated procurement process.
Perez said the food hub would replicate the state-of-the-art agro-logistics systems from advanced Asian countries, elevating food safety standards and creating better opportunities for local farmers, fisherfolk and growers.
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