Speaking before members of the Chamber of Real Estate and Builders Associations, Inc. (CREBA) on their First North Luzon Regional Real Estate and Housing Conference held in Pangasinan, Mangio said this was the direction of development pushed by the government.
Tasked to speak on sustainable development programs of the government, he discussed the initiatives that have been undertaken to transform the Subic-Clark Corridor into a success story that will serve as template for other government projects.
The Corridor is a 94-kilometer tract extending from the Tarlac Technopark to the Subic Freeport, with the Subic-Clark-Tarlac Expressway serving as its backbone.
It is projected to become a production-driven mega-logistics hub that will be competitively at par with other logistics centers in the Asia-Pacific region.
Its land area is larger than Metro Manila, with the added advantage of more modern highway, airport and seaport facilities.
Mangio said the Corridor offers the best location for economic activities that include agricultural, processed agricultural, mineral, and processed mineral production thriving alongside light and medium industries, thereby creating services and generating an increase in economic activity.
He further noted that the greatest potential of the Corridor lies in the fact that it is open for planned, sustainable and integrated development.
''It is a frontier that has yet to see massive urban sprawl, ecological damage, heavy traffic and rapid migration throughout its terrain,'' he emphasized. To prevent an unplanned, uncoordinated and haphazard development, Mangio presented the current state of preparations the government has accomplished.
Mangio encouraged CREBA to get actively involved in the development of a land use plan that identifies service, settlement, agriculture, agri-industry, industry and tourism areas within the Corridor municipalities and cities, thereby strategically positioning the Northern and Central Luzon real estate developers in the growth of the Corridor.
''As you can probably imagine by now, all these developments in policies and infrastructures have opened up a new frontier of opportunities, and it is to our advantage that SCAD looks at the housing and real estate sector as partners in this direction,'' he said.
Implications of the U.S. withdrawal from Clark and Subic bases: Hearing before the Subcommittee on Asian and Pacific Affairs of the Committee on Foreign ... Congress, second session, March 5, 1992
Subic Bay Naval Base and Clark Air Base, strategic Asian-Pacific assets (Air War College research report)
