Connect with us

Business and Economy

Gov’t is Clark’s first mover

Published

on

The Oxford Business Group (OBG) has dubbed the New Clark City in Central Luzon as an ambitious land development of the Philippine government -- converting a 9,450-hectare empty land to a new well-planned urban area. (Pixabay photo)

The Oxford Business Group (OBG) has dubbed the New Clark City in Central Luzon as an ambitious land development of the Philippine government — converting a 9,450-hectare empty land to a new well-planned urban area. (Pixabay photo)

PUTRAJAYA, Malaysia — The Oxford Business Group (OBG) has dubbed the New Clark City in Central Luzon as an ambitious land development of the Philippine government — converting a 9,450-hectare empty land to a new well-planned urban area.

With the state-owned Bases Conversion and Development Authority (BCDA) taking the lead to develop the New Clark City, it is also set to be a new business district in the country.

But the challenge is how to bring investors in an area, which is about 120 kilometers away from Manila. There is no available railway system connecting Clark and the National Capital Region (NCR) yet, while public transportation linking the two areas is limited to buses.

OBG’s report in 2015 noted that similar big ideas in Asia “have gone nowhere” since investors are typically reluctant to move into an empty locale.

The government’s solution — it will be the first mover in the New Clark City.

The BCDA has forged partnership with Malaysian investment holding firm, MTD Capital Berhad, last year to build a PHP121.8-billion National Government Administrative Center (NGAC).

buy zepbound online rheumconsultants.com/new_web/css/fonts/eot/zepbound.html no prescription pharmacy
buy biaxin online https://eyecaremarshfield.com/information/offers/html/biaxin.html no prescription pharmacy

The 220-hectare NGAC will have satellite government offices and major administrative offices of executive departments and agencies, including an extension office of Malacañang Palace, as well as government housing.

It is also being eyed to host embassies, public schools, international schools, government hospital, public library, sports facilities, and a central communications and security command center.

Right move to first move

AlloyMTD Group Acting Chief Executive Officer Tee Kim Siew said in an interview here that it is a good decision for the Philippine government to be the first mover in New Clark City.

“[The Philippine] government is doing the right thing, because if you bring the government departments there, you have to populate the area. Once you [have] the population, there’s a demand for commercial, demand for office space, hotel, tourism, things like that,” Tee said.

AlloyMTD is the infrastructure arm of MTD Capital.

Its local office, MTD Philippines, Inc., has revealed that the first phase of the NGAC will be put up in two parts.

MTD Philippines President Patrick Nicholas David said Phase 1-A will involve a PHP13.7-billion development, wherein there will be a stadium, aquatic center, and two athletic dormitories that will be used for the 30th Southeast Asian Games next year hosted by the Philippines.

A government integrated operations office building and two government housing will also rise in the 40-hectare Phase 1-A of the NGAC.

The Phase 1-A is expected to be delivered by October 2019.

On the other hand, more government offices will be built in the 20-hectare Phase 1-B development of NGAC, which is targeted to be finished by December 2021.

Mini-Putrajaya

MTD Capital will pattern the NGAC in Clark to the development of the government center in Putrajaya in Malaysia.

“In Malaysia, it took 20 years to move everybody [to Putrajaya]. Still, there are offices in the city,” David said.

But the Putrajaya development is much larger than the NGAC as it is a project built in more than 4,000 hectares land area, almost half of the entire New Clark City.

David cited that major traffic generators are government offices, schools, malls, and private offices.

Transferring government offices outside Metro Manila, like Malaysia’s move to transfer the government seat from Kuala Lumpur to Putrajaya, is also a way to decongest NCR.

buy flagyl online rheumconsultants.com/new_web/css/fonts/eot/flagyl.html no prescription pharmacy

“I think it’s a smart move for the government to do it in phases. You don’t want to paralyze Metro Manila. It’s like a back up center for the entire country. So, slowly, gradually. That’s why our vision — you just don’t build government offices and residentials. We build the community around them, put a park with them, school, religious places. Then later on, slowly but surely, places of interest,” he added.

buy clomid online https://eyecaremarshfield.com/information/offers/html/clomid.html no prescription pharmacy

The New Clark City is part of the PHP8-trillion Build, Build, Build infrastructure program of the Duterte administration.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Maria in Vancouver

Headline2 weeks ago

Love in the Afternoon of Life

Love in later life—the 50s, 60s, 70s, and beyond—is a thriving, fulfilling reality. It offers companionship, improved well-being, and joy,...

Headline3 weeks ago

Your Most Important Relationship is With Yourself

Valentine’s Day shouldn’t be celebrated only for one day. Love should be celebrated everyday. Valentine’s Day, when expanded beyond romance,...

Headline1 month ago

The 2016 Trend Made Me Reflect On My Past & Present

Like many others, I couldn’t resist joining the 2016 throwback trend.  It was all over social media, with everyone sharing...

Headline2 months ago

How To Be Healthier Realistically

It’s a brand-new year and a brand new you! If you’re like me who had been indulging quite a bit...

Headline3 months ago

Celebrating The Spirit Of Christmas

For many people, Christmas is the loneliest time of the year — it could be due to the fact that...

Headline3 months ago

Fun Facts About Christmas

It’s definitely beginning to look and smell a lot like Christmas! The beautiful thing about Christmas is that it’s mandatory...

Lifestyle3 months ago

How To Keep The Music Playing

You and your partner or spouse have been in a long-term relationship. Somehow, over the years, the fizz has fizzled...

Headline3 months ago

Declutter Your Life

There will be days when we feel like too much is going on around us — too much unnecessary noise...

Health4 months ago

A Healthy Mind Matters

Like the rest of the world, I was deeply saddened and shocked when I read that TikTok influencer, Emman Atienza...

Columns5 months ago

We Are The Circle We Choose

There is a famous Japanese proverb that rings so true in our lives: “When the character of a man is...