CLARK FREEPORT – Congruent to the vision of the Bases Conversion and Development Authority (BCDA) to develop the Clark Freeport “as the fulcrum of Central Luzon development,” the Clark Development Corporation (CDC) said new projects are expected to take off by 2012.
CDC President Felipe Antonio B. Remollo said in the pipeline now are at least five major projects that are expected to reinforce the Freeport’s reputation as both an investment and tourism destination.
The first project involves another world-class tourism blueprint – MegaWorld Corporation’s mixed-use project to be located in a 400-hectare area between the Clark Freeport Zone and the Clark Special Economic Zone.
This involves the construction of a mixed-use complex that features office, commercial, retail, and leisure, residential, health, and wellness components at a development cost of at least P7 billion.
At least 200 hectares was allotted for the CDC’s second project – the proposed Clark STAR, which stands for Sports, Training, Amusement and Recreation. Located at the sprawling Clark Highlands, Clark STAR is the perfect site for transport terminal, wakeboarding complex, soccer stadium, hotels and villas, athletes’ dormitories, nature and theme park, swimming center, boulevard and promenade, and athletes’ training ground.
The third project, meanwhile, is the Clark Highlands, formerly known as the Next Frontier located at the Sacobia Valley. It covers 10,684 hectares of land adjacent to the Clark Freeport will be developed into ICT parks, residential, light-industrial, agro-industrial, and tourism and leisure projects.
Clark STAR, Clark Highlands and the Clark Special Economic Zone are all located in Sacobia Valley.
In April of next year, Korean firm Donggwang Clark Corporation is expected to complete its $200-million tourism-related project, which includes the Clark Sun Valley Golf Course located at main zone of the Freeport.
With the groundbreaking of this fourth Clark project, Donggwang is poised to be the new leader in tourism complex and golf course construction in the Philippines, Remollo said.
According to Remollo, the Korean firm will create a 304-hectare tourism complex with residence villas, water theme park, and various amenities. Complementing this is a 10-storey office and residential building – the biggest of its kind inside Clark.
While Tower 3 of Donggwang’s ODE County Officetel is already complete, February 2012 will see the completion of two of its other structures – Towers 1 and 2, said Remollo.
And lastly, expected to be completed by April 2013 is the proposed CDC Corporate Building, which will
consolidate the various departments and offices in one modern, environment-friendly structure.
At present, departments and offices of the CDC’s Corporate Headquarters are located separately in nine different buildings and structures.
