As part of President Rodrigo Duterte's three-day official visit to Japan is the conversion of 9,450-hectare Clark Green City is located within the Clark Special Economic Zone (CSEZ) and at the heart of the bustling urban centers and major infrastructures in the Central Luzon Region.
BCDA said in an emailed statement the partnership deal gives Hitachi
Asia Ltd. and The Power Grid Solution Ltd. the authority to make a
feasibility study for Clark Green City.
It is “specifically for establishing an energy management system, an
energy storage system, a district cooling system, and a total energy
network system through the establishment of a private utility company.”
The study costs approximately P10 million and are expected to be finished within six months.
“The partnerships with the Japanese companies underscore the continuing ties between the Philippines and Japan,” the BCDA said.
The development is focused on two (2) key elements, 1) on the area’s natural resources and ecosystems as the defining factors of development; and 2) on smart urban development. The development is generally mixed-use and is structured into five (5) districts defined by their main functions, namely Government District; Central Business District; Academic District; Agri-Forestry Research and Development District; and Wellness, Recreation and Eco-tourism District.
Clark Green City Project is envisioned to become the Philippines’ most modern and the first technologically-integrated city with a mix of residential, commercial, agro-industrial, institutional and information technology developments at the same time having a green, sustainable and intelligent community for its residents, workers and business establishments.
BCDA is seeking for investment partners in the form of private developers, service utility providers, manufacturing investors in the form of Public-Private Partnerships (PPP). Government to Government sponsored arrangements is also possible for the development of Industrial Parks. Specifically, BCDA is looking for partners to invest in: 1) Industrial Park Developers/ City Developers; 2) Partners to invest in infrastructure and utilities; 3) Manufacturers who intend to expand operations in the Philippines and use the local raw material and natural resources for the production of final products.; 4)Partners interested to invest in the main districts of the Clark Green City.
BCDA is seeking for investment partners in the form of private developers, service utility providers, manufacturing investors in the form of Public-Private Partnerships (PPP). Government to Government sponsored arrangements is also possible for the development of Industrial Parks. Specifically, BCDA is looking for partners to invest in: 1) Industrial Park Developers/ City Developers; 2) Partners to invest in infrastructure and utilities; 3) Manufacturers who intend to expand operations in the Philippines and use the local raw material and natural resources for the production of final products.; 4)Partners interested to invest in the main districts of the Clark Green City.
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