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MABALACAT | Clark Freeport Zone Developments [mix]

14723 Views 37 Replies 14 Participants Last post by  reyvil888
BCDA to change Clark’s master plan
State-run Bases Conversion and Development Authority plans to change the master plan of Clark Freeport Zone to accommodate new projects and developments.

BCDA president Vincent Dizon cited an urgent need to amend the design for Clark to cover all ongoing and planned developments.

“Master plans are usually updated and revalidated every five years. We haven’t revalidated the plan in more than a decade now,” he said.

Dizon said the original master plan did not include the expansion of Clark International Airport, the construction of a railway system and the creation of Clark Green City. He said this meant the current master plan was already outdated.

Palafox Associates won the bid for the remaster planning of Clark, but BCDA is also in talks with some of the world’s biggest developers.

“We’re waiting for the results by yearend. With other projects coming in, it’s hard to keep building without the master plan,” Dizon said.

The proposed remaster planning would include the creation of the so-called Asean Villas, a transient residence project where foreign guests can stay during conferences.

The villas will be a part of the privatization plan to recoup the investments spent for improvements in Clark.

“To be honest, we badly need housing. Most of the people working in Clark live outside of the zone,” Dizon said.

Clark Development Corp. said the new plan aimed to optimize the development potential of Clark without compromising the economic, environmental and social integrity of the main Freeport zone.

The new master plan would incorporate a concomitant business plan that “will leverage on the potentials of Clark to incorporate environment friendly, smart and resilient ‘green initiatives’ and fortify the Freeport’s status as a modern industrial estate and premier service and logistics hub in the region.”

It will provide a fresh take on the most strategic approach for further development of the Freeport zone in accordance with the government’s new mantra “Build, Build, Build” whose goal is to usher in the golden age of infrastructure in the Philippines.

Clark’s new master plan will also integrate with the master plan for Subic-Clark Corridor (CFZ, Clark Civil Aviation complex, Clark Special Economic Zone and Clark Green City), the proposed North Luzon Railways project, Manila-Clark Airport Express Railway and a 60-kilometer railway that will connect Clark and Subic Bay Freeport.
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CDC earmarks P2 B for road projects
Clark Freeport – Clark Development Corporation (CDC) has earmarked P2 billion for the expansion and enhancement of road networks at Clark Freeport.
CDC president and chief executive officer Noel F. Manankil said that the Clark road and access projects are being prioritized to avoid traffic, given the ongoing and future developments here.
“We have expanded a lot of road networks because the thing that we don’t want happening in Clark is traffic. I think one of our biggest selling point is we don’t have traffic,” Manankil said.
Manankil added that the non-existence of traffic in the Freeport further boosts the ease of doing business here.
He said CDC has earmarked the big amount not only for the construction and expansion of road networks in Clark but also in preparation for the influx of investment projects, workers, local and foreign tourists to be generated by the ongoing expansion of Clark International Airport (CRK).
In 2017, the state-run firm spent more than P1 billion for various infrastructure projects inside Clark.
Clark has 949 locators-investors at present with more than 108,000 workers as of end of April 30 this year, said Noel Tulabut, CDC communications manager.
“Even with the development we have right now, we’re very conscious about traffic because it eats up a lot of economic resources,” he added.
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The BCDA lands should only be offered as Leaasehold Similar to land tenure - one buys & occupies the land for fixed length of time and the land reverts back to original owners once the number of years have elapsed....
Taiwanese to build ecozone in Clark
Taiwanese firms are establishing a new industrial estate in Clark Freeport as their economic zone in Subic has already run out of space with more Taiwanese companies investing in the country.
Michael P. Y. Hsu, Taipei Economic and Cultural Office representative to Manila, told Manila Bulletin Business at the launch of the Yulon Finance Philippines Corp. that Taiwanese investors are still looking for location in Clark although some investors have already sited their factories in Cavite.
“We expect more Taiwanese firms to invest in the Philippines this year,” said Hsu noting that Taiwan investments in 2017 reached more than P10.83 billion.
Hsu said Taiwanese businessmen prefer Clark because there is no traffic and is conveniently situated.
“Actually we have to trace back to 1990s when we started encouraging Taiwanese firms to come to invest inside the Subic Bay Industrial Park, which was developed by Taiwanese firms. Now, we have more than 40 factories in their but the land is no longer enough so we’re trying to look in Clark,” he said
Clark Brand Launch, ASEAN Convention Center | November 26, 2018
The Bases Conversion and Development Authority (BCDA) and the Clark Development Corporation (CDC) launch today the new Clark brand integrating the four districts: the Clark Freeport Zone, Clark Global City, Clark International Airport, and New Clark City.
Korean firm hikes investments in Clark tourism by P15 billion
Korean firm Widus International Leisure Inc. (WILI) is set to pour additional P15 billion investments ($300 million) in their leisure and resort complex project in the next three years inside this Freeport zone bringing its total investments in Clark to $500 million, according to Clark Development Cooperation (CDC).

The additional investment, which is on top of the $200 million WILI had already poured in its existing projects, was announced during the signing of the consolidated lease agreement between CDC President and CEO Noel F. Manankil and Widus International Leisure Inc. (WILI) President Dae Sik Han.

A CDC statement quoted WILI Assistant Vice President for Corporate Planning and Compliance Agnes ‘Neki’ Liwanag that the firm has committed to pour the additional investments to develop a new property that will complement their existing facilities here.
Filinvest Group allots $200 M for Clark Casino
MANILA, Philippines — Gotianun-led Filinvest Group is pouring in more than $200 million for its first ever integrated casino resort in Clark.
Under FHC subsidiary Mimosa Cityscapes Inc., Filinvest has a provisional license granted by the Philippine Amusement and Gaming Corp. (PagCOR) for a casino integrated resort in Filinvest Mimosa. FHC or Filinvest Hospitality Corp. is a subsidiary of Filinvest Development Corp., the Gotianun-led holding company.More than $200 million has been allotted to the project, which includes a casino, lifestyle mall, five-star hotel and events venue.
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Try to drive around Clark and you guys will cream your pants. The Pampanga as we know it is changing by the minute!

This is D'Heights which is home to multiple developments: Hilton, Hyatt and Monterrace Suites. All this needs now is a strong retail component and it will be like a mountain-side BGC.

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Michael Cosiquien to build P6B mixed-use complex in Clark
ISOC Land of businessman Michael Cosiquien has inked a deal with Clark Development Corp. (CDC) to lease and develop a seven-hectare property into a large-scale masterplanned estate.
The project will bring together residential condominiums, office buildings, hotels, retail shops, and recreational/entertainment facilities, and serviced apartments.
ISOC Holdings chairman Michael Cosiquien said the project would showcase the company’s thrust towards environmental sustainability.
“We see this project as a showpiece for ISOC’s very strong push towards environmental sustainability where we will maximize the natural attributes and resources of the property and incorporate them in the design, flow, construction and use of building and facilities,” Cosiquien said.
It will be the second project for I-Land after its I-Land Bay Plaza project which is now under construction at the Mall of Asia in Pasay City.
CDC president and CEO Noel F. Manankil said the project will complement the various developments in the Clark Freeport Zone.
“There is a growing demand for more lodging facilities and corresponding amenities within a carefully planned community that ushers in a new, unique and distinctive lifestyle. This undertaking augurs well in the overall development blueprint for Clark that would redound to a greater benefit for the region,” Manankil said.
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Clark Freeport Zone area starts at 8:41:
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Clark Sun Valley

The Sharp Clark Hills

Construction Update : Clark Sun Valley & The Sharp Clark Hills

Royce Hotel & Casino Expansion

When complete in 2021, Royce’s Phase 2 expansion will boast a whopping 27,000 square meters of gaming floor – the biggest in Clark – with space for 150 gaming tables and 1,500 slot machines.
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F*CKING casinos spreading all over like poisonous mushrooms.
Puro na lang may casino kaya nagsisipuntahan ang mga Chinese
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