Monday, March 12, 2012

News Update BCDA bids out master devt plan for Clark Special Economic Zone

Bidding for the master development plan involving 36,000 hectares in Clark Special Economic Zone is now on, state-run Bases Conversion and Development Authority said Monday.
The plan is to position the Clark economic zone as one of the best investment destinations in Southeast Asia.
The master plan "… will make Clark a beautiful, highly-integrated, high-tech, green community where Bonifacio Global City meets Silicon Valley amidst lush greenery," Arnel Paciano Casanova, BCDA president and CEO, told reporters in a briefing.
A new master development plan for Clark that should be marketable, effective, viable and in harmony with the recent, current and planned developments for an ecozone, said Casanova.
“We are calling on all interested firms to join the bidding process of this mega project that is envisioned to set the pace of socioeconomic development in Central Luzon,” Casanova said.
The renewed investor confidence attracted by the Aquino administration brings about favorable market conditions unseen in the past, according to the BCDA chief.
This needs to be exploited and maximized in order to generate more investments and jobs for Filipinos, he added.
“We want to bring the maximum value, as well as the equitable and inclusive economic benefits to the region, by implementing a comprehensive master development plan, together with all stakeholders and LGU’s in Pampanga and Tarlac,” he said.
The master plan should adopt a Green Building System, use renewable energy in all buildings and facilities from sustainable sources, and clean and affordable public transportation system that promotes the use of cleaner burning fuels, according to the BCDA.
“There is a need to update and integrate all development plans in the context of the recent market trends in the Asian and international setting,” said Casanova. — VS