Swiss challenge set for P12-B Clark resort project | Inquirer Business

Swiss challenge set for P12-B Clark resort project

/ 05:01 AM June 29, 2019

The state-owned Bases Conversion and Development Authority (BCDA) has launched a Swiss challenge for a proposed P12-billion luxury mountain resort in New Clark City.

BCDA said in a statement that it has published a notice on June 27 inviting interested companies to participate in a competitive challenge for the long-term lease of a 450-hectare parcel of New Clark City for the resort development.

The unsolicited proposal for the luxury resort was submitted to BCDA by Widus Philippines Inc.

ADVERTISEMENT

Unsolicited proposals are subject to a Swiss challenge, allowing competing bids from private groups but also giving the original proponent the right to submit a counter-proposal.

FEATURED STORIES

“The unsolicited proposal includes a phase one development of the property comprising one 5-star luxury hotel managed by an international hotel brand, one 18-hole championship golf course and one clubhouse,” BCDA said.

Interested proponents may participate in the competitive challenge by purchasing the Terms of Reference (TOR) starting June 28 for a nonrefundable fee of P300,000.

A prebid conference shall be held on July 11, while the submission of the eligibility documents and financial proposal will be on Aug. 8.

New Clark City, a 9,450-hectare area 100 kilometers north of Metro Manila, is envisioned to be the first smart, green and sustainable metropolis in the country. Located within the special economic zone, the city is envisioned to be a disaster-resilient metropolis where nature, lifestyle, business, education and industries converge.

BCDA said the project, previously known as Clark Green City during the Aquino administration, was expected to help attract investments, generate more jobs, boost the economy and sustain inclusive growth.

The city will have residential, commercial, agro-industrial, institutional and information technology developments as well as wide pedestrian lanes, exclusive bicycle lanes and an integrated mass transit lane.

ADVERTISEMENT

Clark, a former US military base, is being touted as the next investment center in Asia as the government builds a metropolis and expands the airport with the creation of a new terminal, both within the Clark Freeport and Special Economic Zone.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Bases Conversion and Development Authority, Clark

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.