CLARK FREEPORT – The Bases Conversion and Development Authority has
engaged in partnerships with business groups in the Metro Clark area for
investment studies and promotions of the New Clark City as a smart, resilient, and
sustainable urban space.
Two separate memoranda of understanding were signed by BCDA vice president
for investment promotions and marketing Erwin Kenneth R. Peralta with the
Metro Angeles Chamber of Commerce and Industry, Inc. (MACCII), represented by
president Elizabeth Carlos-Timbol, and the Pampanga Business Development
Coordinating Council (PBDCC), represented by president, Prof. Ronald Malicdem,
on June 8 during the General Membership Meeting of MACCII in NCC in Capas,
Tarlac.
Under their respective MOUs, both MACCII and PBDCC agreed to share
knowledge and information on investment opportunities, incentives, facilities and
development projects within BCDA properties, especially NCC, to enable effective
promotion to potential investors.
Both groups committed to organize joint workshops, seminars, and networking
events with BCDA to promote knowledge-sharing, business-matching, and
exploration of potential ventures.
MACCII also agreed to use its network and resources to promote investment
opportunities inside BCDA properties to local and foreign investors. It vowed to
represent the interests of the business community in Angeles City and Central
Luzon, advocating for policies and initiatives that promote economic growth,
investment, and business development in the region, and providing inputs and
recommendations to BCDA and other government agencies on matters affecting
the business sector.
PBDCC, an umbrella of 10 business organizations and two universities, likewise
signed to establish and operate a business incubation facility in NCC even as it
committed to conduct market research and studies on identified projects.
For its part, BCDA has agreed to share knowledge and information on urban
planning, infrastructure development, and management of economic zones. It will
also collaborate with both groups in all investment promotion events and
activities, market research, and conduct of feasibility studies.
The BCDA has also agreed to conduct regular consultations with the groups to
keep them informed of BCDA’s development projects and to gather valuable
business inputs from them.
Peralta said the partnership with the business sector is part of BCDA’s
commitment to inclusive development and sustainability.
“We are very conscious of BCDA’s role and mandate. It is part of our commitment
to make sure that the BCDA communities are equally developed and the people
are involved. We are not only after the sustainability of urban spaces, but more,
we aim for human sustainability,” Peralta said.
BCDA was created under RA 7227 to primarily carry out the declared policy of the
government to accelerate the sound and balanced conversion into alternative
productive civilian uses of the Clark and Subic military reservations and their
extensions, and to enhance the benefits to be derived from said properties in
order to promote the economic and social development of Central Luzon and the
country in general. BCDA Public Affairs
