Tag: New Clark City

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Sembcorp explores industrial park investment in Clark 

Singapore-based Sembcorp Industries is exploring a potential industrial park investment in Clark as the Philippines seeks to strengthen its position as a regional hub for export manufacturing and supply-chain operations.

Pax Silica hub targets USD 200B exports

The planned Pax Silica industrial hub in New Clark City is targeting its first 10 to 20 locators within five years of construction, with an ambitious goal of generating as much as USD200 billion in exports over a 30-year development period.

AI vision takes shape in New Clark City

New Clark City is rapidly emerging as the Philippines’ boldest bet in semiconductors and artificial intelligence, with the Marcos administration positioning the fast-rising metropolis as a centerpiece of the Luzon Economic Corridor and the country’s next wave of industrial growth.

US backs Clark Zone for secure supply chains

US Under Secretary for Economic Affairs Jacob Helberg underscored the growing global push for secure and reliable supply chains during a May 18 visit to the site of the Philippines’ planned Economic Security Zone in New Clark City.

BCDA, K-Water eye smart village in Clark

State-run Bases Conversion and Development Authority (BCDA) has partnered with South Korea’s Korea Water Resources Corp. to explore building a “smart village” in New Clark City, marking a fresh push to develop climate-resilient, technology-driven communities in the Philippines.

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BCDA courts $50-M European aviation investment, US aerospace plant in Clark

The Bases Conversion and Development Authority (BCDA) is pursuing at least USD50 million in initial investment from a European aircraft maintenance company, alongside a separate US aerospace manufacturing proposal, as it seeks to expand Clark’s role in the aviation industry.

DA acts on FMR data error; launches review and reforms 

The Department of Agriculture (DA) is tightening checks on project details and rolling out system-wide improvements after discrepancies were found in coordinates submitted for farm-to-market road (FMR) projects.

Maynilad-K-Water’s P14.8-B New Clark City project goes uncontested, nears award

A P14.8-billion water supply and wastewater project proposed by Maynilad Water Services Inc. and South Korea’s K-Water for New Clark City has cleared a key hurdle after attracting no competing bid, putting the consortium closer to securing the contract.

BPI Foundation brings financial literacy, digital learning to more public schools

BPI Foundation, the social development arm of the Bank of the Philippine Islands, is broadening its nationwide push to boost financial literacy and digital learning, reaching thousands of students and teachers in underserved communities.

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