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25|08|08

GMA to lead groundbreaking of Global Gateway
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24|08|08

Ground breaking Aug 25 - GGDC joins CIAC to develop project.
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24|08|08

Peregrine to develop logistics complex on 167 hectare site
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The Mirror - Economy

MONDAY, AUGUST 25th, 2008

GMA to lead groundbreaking of Global Gateway

BY JACOB CUNANAN
Correspondent

CLARK FREE PORT, Pampanga— President Arroyo is set to lead the groundbreaking ceremonies for the $1.025-billion Global Gateway Logistics City at the 2,500-hectare Clark Civil Aviation Complex today, Monday. The Global Gateway Logistics City is a single investment that is expected to generate 35,000 jobs. President Arroyo is expected to arrive at the aviation complex at about 2 p.m. to join Clark International Airport Corp. (CIAC) and Kuwait Gulf and Link (KGL) officials for the groundbreaking and time capsule-laying to set up a world-class, 167-hectare Global Gateway Logistics City in the Clark free-port zone. CIAC president and chief executive officer Victor Jose Luciano and KGL officials, headed by its president Mark Williams, sealed an agreement on July 16 at the CIAC Corporate Office for the establishment of the Global Gateway Logistics City, which will be the largest logistics hub in the Philippines.

The logistics project will complement the national government’s grand plan to develop a logistics and services hub in the Subic-Clark Corridor and the development of the Diosdado Macapagal International Airport (DMIA).

The agreement paves the way for the creation of 30,000 to 35,000 jobs and would benefit the communities around the Clark free-port zone as well as Northern and Central Luzon as the DMIA is being developed to be the next premier international airport and a logistics hub.

The first phase of the project that includes the development of infrastructure such as roads, lights, fences, landscaping, sidewalks, utilities and access points will cost $25 million. The second phase will cost about $1 billion for the construction of facilities and buildings. The President will also witness the time capsule-laying between Luciano and Peregrine Development International, the prime contractor of the multibillion-peso, state-of-the-art project at DMIA, headed by its President Dennis Wright. Following the ceremonies, the KGL group will give a briefing on the overall business project.

Also expected to be present at the activity are CIAC executive vice president and chief operating officer Alexander Cauguiran, chairman Nestor Mangio, vice president for operations and DMIA general manager Bienvenido Manga, vice president for finance Romeo Dyoco Jr., KGL Group’s Evan Mcbride and Kevin Krucik. “We’re very excited about the opportunity to partner with CIAC and we’re looking forward to a long partnership for both organizations,” said Williams. “CIAC is very proactive in terms of business and were looking forward to bringing other Kuwaiti and Middle Eastern businesses to the DMIA and the Philippines,” according to Williams.

Williams also said the establishment of the Global Gateway Logistics City at Industrial Estate 5 “will have a significant multiplier effect on the surrounding communities of Clark and on the Philippines.” Williams said the project construction will take at least 24 months, while construction of the facilities and buildings is within a time frame of seven years.
The KGL project will host aviation- related and dependent businesses including, but not limited to, warehousing, distribution, multi-nodal logistics, light manufacturing alongside complementary business operations and facilities to support aviation-related activities within the civil aviation complex of the Clark airport.

KGL will occupy at least 167 hectares of land within the civil aviation complex for the development of a combined use logistics hub and tech- no park and will be located at Industrial Estates near the Yokohama Tire Philippines Co. and other Japanese firms in the area.

KGL is a global leader with over 50 years of experience in transportation, logistics, stevedoring, passenger transport, warehousing, supply-chain management and port operations. KGL’s current operations include Kuwait, the United Arab Emirates, Jordan Tunisia, Oman, Namibia, Morocco, Pakistan, Germany, Ireland, Cayman, Mauritius and Egypt. The KGL Investment Co., meanwhile, is an international alternative investment firm engaged in private equity, venture capital and investment banking. CIAC has started plans for the development of Terminal 2 for the DMIA, which would increase passenger capacity to 7 million to 8 million annually. An in-flight catering facility, managed and operated by Miascor and Gate Gourmet Philippines, has been set up inside the aviation complex, producing around 1,500 meals per day for airlines operating at the Clark airport. DMIA averages 40 flights per week but the flights are expected to increase further as more air carriers, such as TransGlobal Airlines and the Spirit of Manila, start operations that would benefit overseas Filipino workers in the Middle East and the Asian region. As this developed, Asiana Airlines of Korea started on July 22 flights plying the Clark-Incheon-US route?. The flights, scheduled every Tuesdays, Thursdays and Saturdays from the DMIA, stops over at Incheon in South Korea for two hours instead of the earlier eight hours to make travel to the continental US seamless.

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ARAB TIMES

SUNDAY, AUGUST 24, 2008

Ground breaking Aug 25 - GGDC joins CIAC to develop project.

MANILA. Aug 23: Peregrine Development International has signed an exclusive agreement with Global Gateway Development Corporation (GGDC) to develop a master planned Aviation oriented Logistics and Business Center of Excellence on a 167 hectare site inside the former US Military base at Clark Field Pampanga.

The event was witnessed by Sheikh Ahrnad Dawood Salman Al Sabab. Peregrine’s Business Advisor, on the occasion of the State visit by His Highness Prime Minister Sheikh Nasser Al Mohammed Al Ahmad Al Sabah to Manila.

Dennis Wright, President and CEO of Peregrine Development International said “he was especially excited about being awarded the work, especially since Peregrine played the central role in developing the conceptual design and engineering plans for the mega project over the past two years”. He went on to comment that the partnership between the Kuwaiti owned GGDC, the Clark International Airport Corporation (CIAC) headed up by Victor Luciano It’s President and CBO, was the right team, at the right time, to make the Diosdado Macapagal International Airport South East Asia’s premier logistics gateways.
GGDC is part of KGL Investment Company. a member of the KGL Group of Companies of Kuwait. KGL is a global leader with over 50 years experience in transportation, logistics, supply chain management and port operations. Mr. Mark Williams, President. GGDC commented that he selected Peregrine Development International to develop the project based on their extensive international experience in major Project Development, Program Management, Engineering, Construction, Operations, Maintenance and Logistics.

Peregrine with offices in the US, Kuwait, Iraq and the Philippines has a proven track record developing large projects, incorporating the best in conceptual design, marketing program management, project execution and logistics support to a broad range of clients throughout the world in both the public and private sectors. Sheikh Ahmad and Mr. Wright both attended the State Dinner where Her Excellency, President Gloria Macapagal Arroyo announced to the Prime Minister her pleasure to see KGL, one of Kuwait’s leading full-service Logistics Companies join the Philippine’s billion dollar investor club.

Jim Spore, Peregrine’s Chief Operating Officer and Project General Manager for the Project explained “the Business Plan calls for the development of an Aviation oriented master planned Logistics and Business Center of Excellence which will be known as Global Gateway Logistics City (GGLC). It will host business enterprises and operations with priority given to aviation and logistics related activities typically found in and around major Aerotropolises”. Spore further noted that “the complex will be developed in two stages. Phase I will be an immediate investment of $25 million to develop the infrastructure including the roads, street lights, fencing, landscaping, sidewalks, utilities and access points. Phase Ii will see the development of facilities and buildings which will be subleased to create a logistics park valued in excess of $1 billion and create over 35,000 jobs”.
Sheikh Ahmad commented bow pleased he has been to work with Peregrine over the past several years as he congratulated Mr. Wright and noted “the Peregrine executive team is well recognized in both Kuwait and the Philippines and has led and represented the interests of other fine Kuwaiti companies in their efforts to invest in the Philippines, including the privatization of Mimosa Resort in Pampanga, the privatization of the Al Amanah Islamic Investment Bank, GGLC and several other private sector transactions”.

Both will be attending the Ground Breaking ceremony to he attended by President Arroyo on Monday, Aug 25, 2008.

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Kuwait Times

SUNDAY, AUGUST 24TH, 2008

Peregrine to develop logistics complex on 167 hectare site

Manila: Peregrine Development international signed an exclusive agreement with Global Gateway Development Corporation (GGDC) to develop a master planned Aviation oriented Logistics and Business Center of Excellence on a 167 hectare site inside the former US Military base at Clark Field, Pampanga. The event was witnessed by Sheikh Ahmad Dawood Salman Al Sabah, Peregrine’s Business Advisor; on the occasion of the State visit by His Highness the Prime Minister Sheikh Nasser Al-Mohammed Al-Ahmad Al Sahah to Manila.

Dennis Wright, President and CEO of Peregrine Development International said “he was especially excited about being awarded the work, especially since Peregrine played the central role in developing the conceptual design and engineering plans for the mega project over the pest two years”. He went on to comment that the partnership between the Kuwaiti owned GGDC, the Clark International Airport Corporation (CIAC), headed up by Victor Luciano, its President and CEO, was the right team, at the right time, to make the Diosdado Macapagal International Airport South East Asia’s premier logistics gateways.

GGDC is part of KGL Investment Company, a member of the KGL Group of Companies of Kuwait. KGL. is a global leader with over 50 years experience in transportation. Logistics, supply chain management and port operations. Mark Williams, President, GGDC commented that he selected Peregrine Development International to develop the project based on their extensive international experience in major Project Development, Program Management, Engineering, Construction, Operations, Maintenance and Logistics. Peregrine with offices in the US, Kuwait, Iraq and the Philippines has a proven track record developing large projects, incorporating the best in conceptual design, marketing, program management, project execution and logistics support to a broad range of clients throughout the World in both the public and private sectors. Sheikh Ahrnad and Wright both attended the State Dinner where Her Excellency, President Gloria Macapagal Arroyo announced to the Prime Minister her pleasure to see KGL. one of Kuwait’s leading full-service Logistics Companies join the Philippine’s billion dollar investor club.

Jim Spore, Peregrine’s Chief Operating Officer and Project General Manager for the Project explained “the Business Plan calls for the development of an Aviation oriented master planned Logistics and Business Center of Excellence which will be known as Global Gateway s Logistics City (GGLC). It will host business enterprises and operations with priority given to aviation and logistics related activities typically found in and around major Aerotropolises”. Spore further noted that the complex would be developed in two stages. Phase I will be an immediate investment of $25 million to develop the infrastructure including the roads, street lights, fencing, landscaping, sidewalks, utilities and access points. Phase II will see the development of facilities and buildings which will be subleased to create a logistics park valued in excess of $1 billion and create over 35,000 jobs”. Sheikh Ahmad commented how pleased he has been to work with Peregrine over the past several years as he congratulated Wright and noted “the Peregrine executive team is well I recognized in both Kuwait and I the Philippines and has led and represented the interests of other line Kuwaiti companies in their efforts to invest in the Philippines including the privatization of Mimosa Resort in Pampanga, the privatization of the Al Amanah Islamic Investment Bank, GGLC and several other private sector transactions”. Both will be attending the Ground Breaking ceremony to be attended by President Arroyo on Monday, August 25 2008.

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