Mark Villar says major infra projects in Clark ‘engine of growth’ for PH
Clark, Pampanga. INQUIRER FILES
MANILA, Philippines — Major infrastructure projects are poised to transform Clark Freeport and Special Economic Zone into a significant engine of growth not just for Luzon but for the entire country, Senator Mark Villar said.
These projects include the Clark International Airport Expansion Project, the Clark National Food Hub, and the Subic-Clark-Manila-Batangas Railway Project, all part of the proposed Luzon Economic Corridor.
READ: Clark freeport attracts P44.5B investment in 1st quarter of 2024
“Kapag natapos po ‘yong mga projects–‘yong mga airport, ‘yong mga railway–I foresee that this will be one of the major engines of growth in our country that will allow us to reach the next level of development,” Villar said during a forum last July 17, as quoted in a statement from the Bases Conversion and Development Authority (BCDA) on Monday.
(Once the projects are completed—the airport, the railway—I foresee that this will be one of the major engines of growth in our country that will allow us to reach the next level of development.)
Article continues after this advertisementThe senator chairs the Senate Committee on Government Corporations and Public Enterprises.
Article continues after this advertisementGovernment agencies and private companies are collaborating to implement major projects and investments in Clark, according to BCDA.
Some of these include BCDA’s partnership with Maharlika Investment Corporation, which aims to include BCDA projects in the country’s first sovereign wealth fund.
READ: BCDA sets public transport system demo, study for Clark ecozone
Luzon International Premiere Airport Development, the operator of Clark International Airport, has also signed an agreement with Federal Express Corporation to expand the logistics company’s operations in Clark.
Additionally, the provincial government of Tarlac, in partnership with the BCDA, has welcomed Narra Technology Park Development Inc.’s future investment worth P146 billion alloted to establish a 300-megawatt hyperscale data center in New Clark City.
STB GigaFactory Inc.’s electric vehicle battery manufacturing plant at the Filinvest Innovation Park in New Clark City is slated to start operations this year.
