CLARK FREEPORT — The Bases Conversion and Development Authority formalized
two agreements with Japanese organizations during recent a high-level visit to
Tokyo, ensuring the smart and sustainable development of John Hay Special
Economic Zone, New Clark City, and its other economic zones.
A memorandum of understanding with Zip Infrastructure Co. Ltd. to determine
the viability of a self-driven cable car system in Camp John Hay, Baguio City was
signed by BCDA president and CEO Joshua M. Bingcang and Zip Infrastructure CEO
Takamasa Suchi, with Transportation Secretary Jaime J. Bautista and Zip
Infrastructure director and head of business development Mario Ian Carlos Ferido
Rebonquin as witnesses.
show MOU for the promotion of investment opportunities in NCC other BCDA
economic zones. With them are BCDA VP Mark P. Torres, Ministry of Land,
Infrastructure, Transport and Tourism deputy minister Seiichi Onodera, and Japan
Overseas Infrastructure Investment Corp. for Transport and Urban Development
PCEO Tatsuhiko Takesada.
Under the MOU, Zip Infrastructure shall prepare a feasibility study for the
operations and maintenance of its self-driven cable car system called Zippar in
Camp John Hay to provide an alternative transportation system that can ease
traffic congestion and provide better accessibility.
Zippar also offers a versatile
design that allows riding in curves and branches while remaining automated and
driven from a control center.
“This technology promises to enhance urban mobility, reduce traffic congestion,
and promote environmentally sustainable transportation solutions. By leveraging
Zippar technology, we can create a seamless and efficient transport system within
Camp John Hay, making it more accessible and enjoyable for residents and visitors
alike,” Bingcang said.
The BCDA also inked a three-year partnership with the Organization for Public-
Private Partnerships Promotion Support (OPPS) of Japan to facilitate the
promotion of investment opportunities in NCC and other BCDA economic zones to
Japanese companies.
The MOU was signed by Bingcang and OPPS director and vice president Kimikazu
Uemura, with Ministry of Land, Infrastructure, Transport and Tourism deputy
minister for overseas projects Seiichi Onodera, Japan Overseas Infrastructure
Investment Corp. for Transport and Urban Development president and CEO
Tatsuhiko Takesada, and BCDA vice president for engineering and social support
Mark P. Torres as witnesses.
Through this partnership, the BCDA and OPPS seek to create business
opportunities, promote information exchange between the public and private
sector, and scope appropriate modes of partnership with Japanese companies
interested in specific investment areas, such as housing, estate management,
operations and maintenance of sports facilities, transportation, waste-to-energy,
smart city development, retail, and other areas that may be required or agreed
upon by both parties.
“OPPS as a steadfast advocate for BCDA's projects, and leveraging on your
Japanese network and expertise to attract investment and foster international
partnerships will be crucial and invaluable in raising awareness about the
opportunities available in NCC and in facilitating collaborations with global
stakeholders,” said Bingcang.OPPS is an organization of Japanese companies providing support services to
realize PPPs and private finance initiatives.
It helps industries screen
infrastructure projects and supports coordination between Japanese companies
and partner governments. BCDA Public Affirs
