The Bases Conversion and Development Authority (BCDA) on Tuesday signed a concession agreement with the North Luzon Airport Consortium (NLAC) for the development of the Clark International Airport.

NLAC, composed of Filinvest Development Corp., JG Summit Holdings, Inc., Philippine Airport Ground Support Solutions, Inc., and Changi Airport Philippines Pte. Ltd., won a 25-year operation and maintenance (O&M) deal for Clark last month.