The Bases Conversion and Development Authority (BCDA) has partnered with Singapore-based Atlantic, Gulf and Pacific (AG&P) Group to study the potential development of a liquefied natural gas (LNG)-powered plant and artificial intelligence-ready digital infrastructure in New Clark City, as the emerging economic hub seeks to accommodate more technology-intensive industries.
BCDA President and CEO Joshua M. Bingcang and AG&P Group CEO Karthik Sathyamoorthy signed a memorandum of understanding on October 14 to assess the proposed investments, which could help meet the power and connectivity requirements of advanced manufacturing, semiconductor production and data center operations.
The agreement represents another step in efforts to position New Clark City as an investment destination under the Luzon Economic Corridor initiative, where reliable electricity and high-capacity digital networks are becoming increasingly important to industrial competitiveness.
An LNG facility could provide an additional source of electricity for prospective industrial locators, while AI-ready infrastructure could support the computing capacity and connectivity required by data-intensive businesses. However, the projects remain at the exploratory stage, and their eventual contribution to the city’s infrastructure supply will depend on feasibility findings and subsequent investment decisions.
Key details, including the proposed plant’s generation capacity, capital requirements, development schedule and implementation structure, have yet to be disclosed. The agreement does not establish a final investment commitment or confirm that construction will proceed.
AG&P, headquartered in Singapore, operates across the natural gas value chain, including LNG import and regasification facilities, gas distribution, engineering and infrastructure development. Its experience in gas logistics and delivery could be relevant to assessing the technical and commercial requirements of a potential power project.
The proposed developments also highlight the infrastructure demands associated with attracting AI-related businesses, for which electricity availability and dependable digital connectivity are essential operating considerations.
For BCDA, the next phase will be determining whether the proposed facilities are commercially viable and can meet the needs of future locators. The outcome of the studies should clarify the scale, timing and feasibility of the investments envisioned for New Clark City.
