Why global capital betting on PhlJust recently, the Bases Conversion and Development Authority (BCDA) announced that it has received a proposal from Lufthansa Technik Philippines (LTP) to invest $400 million for a maintenance, repair and overhaul (MRO) facility in Clark. The 15-hectare facility, to be located inside the Clark Aviation Capital (CAC), an area surrounding the Clark International Airport, will be one of the largest in Southeast Asia. Combined, LTP and FedEx Express’ investments mean more than $600 million in planned capital deployment at a single aviation corridor. The Clark investments, striking as they are, sit within a broader capital story. The agency has set a P300 billion target for 2026.

Source: Philippine Star February 27, 2026 16:36 UTC