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 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.

“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

Lifestyle5 days ago

How To Do Christmas & Hanukkah This Year

Christmas 2024 is literally just around the corner! Here in Vancouver, we just finished celebrating Taylor Swift’s last leg of...

Lifestyle1 month ago

Nobody Wants This…IRL (In Real Life)

Just like everyone else who’s binged on Netflix series, “Nobody Wants This” — a romcom about a newly single rabbi...

Lifestyle1 month ago

Family Estrangement: Why It’s Okay

Family estrangement is the absence of a previously long-standing relationship between family members via emotional or physical distancing to the...

Lifestyle3 months ago

Becoming Your Best Version

By Matter Laurel-Zalko As a woman, I’m constantly evolving. I’m constantly changing towards my better version each year. Actually, I’m...

Lifestyle3 months ago

The True Power of Manifestation

I truly believe in the power of our imagination and that what we believe in our lives is an actual...

Maria in Vancouver4 months ago

DECORATE YOUR HOME 101

By Matte Laurel-Zalko Our home interiors are an insight into our brains and our hearts. It is our own collaboration...

Maria in Vancouver4 months ago

Guide to Planning a Wedding in 2 Months

By Matte Laurel-Zalko Are you recently engaged and find yourself in a bit of a pickle because you and your...

Maria in Vancouver5 months ago

Staying Cool and Stylish this Summer

By Matte Laurel-Zalko I couldn’t agree more when the great late Ella Fitzgerald sang “Summertime and the livin’ is easy.”...

Maria in Vancouver6 months ago

Ageing Gratefully and Joyfully

My 56th trip around the sun is just around the corner! Whew. Wow. Admittedly, I used to be afraid of...

Maria in Vancouver6 months ago

My Love Affair With Pearls

On March 18, 2023, my article, The Power of Pearls was published. In that article, I wrote about the history...