The Bases Conversion and Development Authority (BCDA) and Enterprise Singapore (EnterpriseSG) have signed a Memorandum of Understanding (MOU) to work together on building the 9,450-hectare New Clark City in Capas, Tarlac, Philippines.
“With Singapore as a global frontrunner in smart city development, we at BCDA are very fortunate to have EnterpriseSG as our partner to facilitate knowledge exchange and link us with Singaporean firms who have the experience and expertise in the field. This MOU will surely be instrumental in achieving our goal of developing New Clark City into a smart, green, sustainable, and highly liveable metropolis,” says Aileen R. Zosa, BCDA President and Chief Executive Officer (CEO).
The MOU aims to set up a framework that will allow BCDA and EnterpriseSG to look for ways to work together on the development of New Clark City, especially in priority areas like affordable housing, estate management, transportation, solid waste management, waste-to-energy technology, smart cities, sustainability, green data centres, urban development, and programmes that focus on people.
Both sides will take part in activities to share information and raise awareness to learn more about new technologies and solutions used in urban development, especially as a response to the pandemic.
BCDA and EnterpriseSG will also work together to match businesses and make it easier for Singapore companies and other interested parties to join forces in building New Clark City.
To accomplish this, the two parties will hold frequent meetings to discuss project advancements and potential areas of growth. They shall define and facilitate the appropriate method of a partnership between the Singapore-based company and BCDA.
BCDA believes that a smart city’s major purpose is to use smart technologies and data analysis to optimise city functions and boost economic growth while also increasing people’s quality of life.
EnterpriseSG is a statutory body established by the 2018 Enterprise Singapore Act to advocate for Singapore firms by enhancing their capabilities and facilitating their access to global markets.
Meanwhile, over 50 delegates from Australia and New Zealand visited and toured New Clark City -one of the investment destinations highlighted in this year’s Pacific Business Mission. A carefully master-planned metropolis in Capas, Tarlac is being developed to help decongest Metro Manila and catalyse growth in Central Luzon, and eventually across the country.
The sustainability qualities of New Clark City were emphasised, which is 70 per cent conserved for green and eco-tourism initiatives and 30 per cent buildable. In addition, the new BCDA PCEO outlined plans for the creation of an inexpensive housing complex and the Philippines’ largest public park within the metropolitan area, which will emphasise non-motorised and sustainable transport-oriented development (TOD).
Soon, a 34.55-hectare affordable, multi-tenure, and climate-resilient housing project will emerge in the city. It will include mixed-use residential and commercial projects, a river park, a town centre, a community square, and a sports park, among others. All of these will connect to various transit networks, including bus rapid transit and metro rail transit.
Other initiatives in the works for New Clark City include world-class city management and administration services, a data centre location facility, and solid waste management and waste-to-energy project.
The Pacific Business Mission is organised in collaboration with the Philippine Trade and Center in Sydney, the Philippine Board of Investments, the Export Marketing Bureau, the Philippine Economic Zone Authority (PEZA), the Subic Clark and Alliance for Development Council (SCADC), and the freeport and economic zones along the Subic-Clark-Bataan Corridor.
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Autor(en)/Author(s): Yen Ocampo
Quelle/Source: Open Gov Asia, 12.09.2022
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