A PHILIPPINE Olympic City that will serve as main hub of Philippine sports will be constructed inside Clark Green City in Pampanga.
This was bared by Philippine Sports Commission chair Butch Ramirez who said yesterday that the construction of the complex, worth between P3 to P6 billion, will be a major component of PSC’s master plan for sports.
The construction of the Olympic City will be in partnership with Bases Conversion Development Authority led by president Vince Dizon through Executive Secretary Salvador Medialdea.
President Benigno Aquino III is leading the groundbreaking rites for Clark Green City today, heralding the start of the development of the country’s first smart, green and disaster-resilient metropolis in Tarlac province.
The president will lay the time capsule of what will become the country’s most modern and global metropolis.
He will be accompanied by Cabinet members including Public Works Secretary Rogelio Singson and Economic Planning Secretary Emmanuel Esguerra.
“It’s all system go for the Clark Green City,” Bases Conversion and Development Authority president and chief executive Arnel Paciano Casanova said.
Hilton Worldwide and Hilton Hotels & Resorts have signed a management contract with Lee Shun Kun, chairman of the Clark Sunvalley Resort, to build and jointly manage the Hilton Clark Sunvalley Resort in the Philippines.
Hilton Clark Sunvalley Resort is scheduled to open in the fourth quarter of 2017, the Hilton group said in a statement on Tuesday. This would strengthen Hilton Worldwide’s Philippine presence which includes Conrad Manila and Hilton Manila, the group said.
The resort will be part of a mixed-use development with a casino, a fully operating 36-hole golf course, a water park, an international school, and residential villas.
DONGGWANG Clark Corp. (DCC), the Philippine subsidiary of the SunValley Group of South Korea, ventures into an ambitious project building a world-class tourism estate in Clark Field, Pampanga, that will change the Philippine tourism horizon and redefine the country’s leisure business.
One of the biggest multiresorts under development in Southeast Asia, the Clark SunValley Resorts and Country Club is a $400-million investment in a 304-hectare land aiming to introduce a “unique lifestyle” in an integrated tourism resort estate, providing a “unique leisure experience” in the Philippines.
Already open for business is the country club’s two championship golf courses— the 18-hole Sun and Valley Course and the 18-hole Clark Course in an average altitude of 370 meters above sea level. The 203-hectare golf courses have one of the best panoramic views of Clark, giving players the best golfing environment, while allowing them to admire the great views of nature.
Philippine property firm Filinvest Land Inc submitted the lone bid for the right to develop a portion of a former U.S. military base into a master-planned city north of the capital, a government official said on Tuesday.
Filinvest Land offered to pay 160 million pesos ($3.4 million) to win the contract while other qualified bidders Ayala Land Inc and Megaworld Corp did not submit offers, said Arnel Paciano Casanova, president of state-run Bases Conversion and Development Authority (BCDA).
The 288-hectare (711-acre) parcel, twice the size of London's Hyde Park, was the first lot of the total 9,500-hectare (23,475-acre) Clark Green City project to go on auction.
The Government of Japan (GOJ) through the Japan Overseas Infrastructure Investment Corporation for Transport and Urban Development (JOIN) on Thursday (13 August 2015) forged a cooperation agreement with the state-owned BCDA to help the Aquino Administration develop and build Clark Green City as a major economic center in the ASEAN bloc.
Department of Public Works and Highways (DPWH) Secretary Rogelio Singson and the Government of Japan Minister of Land, Infrastructure, Transport and Tourism Akihiro Ohta witnessed the signing of the Memorandum of Cooperation between the BCDA and JOIN, a Japanese government corporation created by the Japanese Parliament, that will lead the formation of joint venture partnerships to ensure the development of Clark Green City.
All too often, when new “green”, “sustainable”, or “smart” cities are created, they forget about the importance of location. No matter how green the building or infrastructure design might be, it doesn’t make up for destroying virgin wildlife habitat, or paving over productive farm land (are you listening, China?).
That’s not the case here, though. Clark Green City is not just green in design, it’s green in location. That’s because it’s actually restorative development. Rather than sprawling onto undeveloped land, this excellent project is cleaning-up and redeveloping the defunct U.S. Clark Air Base.
MANILA - A solar energy firm has committed to invest an estimated P1 billion within the next two years for a solar energy project in Clark Green City, the Bases Conversion and Development Authority (BCDA) said.
BCDA said it has signed a lease agreement with SSR C-Solar Power Inc. to establish a solar energy farm in Clark Green City capable of generating 20 megawatts of electricity.
The 20 megawatts to be generated from the solar farm will be sold to the national grid and can provide power to at least 10,000 households.
Revenue in Clark Development Corporation has increased in 2011 compared to the previous year, the Corporate Planning Department of the state-owned firm reported.
In the reports submitted to CDC Chair and Officer-in Charge Eduardo Oban, Jr., the gross revenue for last year has reached P984,361 million compared to the 2010 revenue of P898,673 million.
CPD said that there’s an increase of P85,643 million in the revenue collected by CDC from the various locators in Clark.
There are 552 active locators, with 64,256 workers, which generates income/revenue for the Clark Freeport Zone.
This year alone, there are 36 new investments since January, including 17 newly leased agreements, who are committed to pour more than P2.6 billion investments in the next five years and expected to generate 433 job opportunities for Clark.
Export volume inside this Freeport continues to be attractive as top exports show increase in number compared to the same period in January and February last year.
In the business updates from the CDC’s Marketing Department, the export volume in the first two months this year have already reached more than $594.2 million.
In the business update present to Clark Development Corporation Chair and Officer-in-Charge Eduardo Oban Jr., on January this year Korean firm held the number position following export volume of more than $102.1 million of Phoenix Semiconductor Philippines Corp. (PSPC).
PSPC is also a semiconductor firm with more than $1billion committed investments inside the Freeport zone.