CLARK – The Bases Conversion and Development Authority (BCDA) recently pitched New Clark City to investors and agencies from the Philippines, Singapore, China, Japan and South Korea, highlighting its potential as the next choice tourist destination in Luzon.
BCDA Senior Vice President for Conversion and Development Engr. Joshua M. Bingcang, during the recent Central Luzon Tourism Investment Summit and Business Exchange (CLTISBEX), urged local and foreign investors to explore opportunities in this 9,450-hectare greenfield development, especially in the field of ecotourism.
The summit was attended by investors and agencies, local in international, in the travel and tourism industry.
“BCDA is always open to tourism investments in New Clark City. Given its strategic location, rich biodiversity and vast open spaces, it is the perfect place for eco-theme parks and ecotourism projects,” Bingcang said.
He said BCDA also continuously looks for partners to increase mixed-use, retail, and food and beverage establishments in New Clark City.
In line with the vision to make New Clark City as the country’s next green, sustainable and smart urban center, BCDA’s master plan proposes that only 40 percent of the total land area will be built on, leaving 60 percent for forests, open spaces and parks. This makes New Clark City the perfect hot spot for ecotourism and outdoor recreational facilities.
Currently, New Clark City is already home to the 4.5-hectare River Park, which features a 1.4-kilometer walkway along the Cutcut River. There are also plans to develop the 44.8-hectare Central Park at the heart of the city, which will be one of the largest public parks in the country once completed.
The next tourist haven
During his presentation, Bingcang cited the qualities that make New Clark City a promising tourist and investment haven in the region.
For one, he said New Clark City’s strategic location, high elevation, and disaster-resilient features help ensure its resiliency against natural calamities, such as typhoons, earthquakes, tsunamis and volcanic eruptions.
Connectivity is also a main feature of New Clark City, with a network of infrastructure projects already existing or in the pipeline to make it a globally competitive destination.
This includes the Clark International Airport (CRK) and its new passenger terminal, which became operational on May 2. With state-of-the-art facilities, contactless features and inclusive amenities, the world-class gateway is expected to boost tourism arrivals in Central Luzon.
New Clark City will also become more accessible upon the completion of the North-South Commuter Railway.
Crucial road infrastructure projects are also being developed in the area, including the New Clark City to Subic-Clark-Tarlac Expressway Access Road, and the New Clark City to CRK Airport Access Road. There are also plans to develop a public transportation system inside New Clark City as locators and residents increase.
This rising metropolis stands to benefit from the Luzon Bypass Infrastructure Project (LBIP) by BCDA and the Department of Information Communications and Technology (DICT). Through the LBIP, special economic zones including Clark and New Clark City will be equipped with 500,000 megabytes per second (MBps) every year.
“We are already getting there. We’ve accomplished much of the infrastructure development. Our roads are already complete. The national government said let’s do all the design in accordance with the long-term requirement. We should already future-proof it,” Bingcang said.
