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BCDA woos SG investors to move to New Clark City

Jul 20, 2022 at 9:14 AM

The Bases Conversion and Development Authority and its partner Filinvest Land Inc. (FLI) have enticed Singaporean investors to settle in New Clark City in Capas, Tarlac.

Investors have been invited to invest in the 288-hectare mixed-use industrial township project being developed in the booming metropolis.

“We are here today to present a business case. We hope we can convince you to partner with us and choose us, specifically, our New Clark City Innovation Park project for your next business expansion in the Philippines,” said FLI President Tristaneil Las Marias during the investment tour entitled “The Sustainable Futurecity of the Philippines”, held in Singapore on June 27th.

Covering 120 hectares, the Filinvest Innovation Park is part of BCDA and FLI’s 288-hectare township project at NCC.

This planned development is designed to be a sustainable, resilient and future-ready center in central Luzon.

FLI Senior Vice President Francis Ceballos presented the progress of the project and highlighted the industrial park’s willingness to host the locators. In particular, the FLI official said that construction electricity is now ready and available in the park.

Water and wastewater utilities, meanwhile, will enter commercial service in early 2023. The first batch of ready-to-use plants will also be available by next year.

“Phase 1 (of the Filinvest Innovation Park) is now ready to accept locators looking to build their own facilities, especially companies involved in logistics, e-commerce, light manufacturing and center operations of data,” Ceballos said.

The roadshow was “well received” by Singaporean investors, with some expressing interest in visiting NCC for a tour, officials said.

“We are very pleased with the strong interest of the event attendees for NCC in general and Filinvest New Clark City in particular, especially for the Filinvest Innovation Park as a location for future industrial facilities in the Philippines” , Ceballos said.