BCDA pitches Clark  to American investors

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The  Bases Conversion and Development Authority (BCDA) yesterday said  American companies are eyeing investment opportunities in connective infrastructure, information and communications technology  and the critical minerals sector in Clark.

BCDA said this highlighted the agency’s participation at the Senior Leaders Seminar of  the US Chamber of Commerce in Washington DC  on February 15 where chairman Delfin Lorenzana and president and chief executive officer (CEO)

Joshua Bingcang pitched investment opportunities in the following:

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the 296.5-acre Filinvest Innovation Park in New Clark City  the $3.17-billion Subic-Clark-Batangas Railway System, $152-million Clark National Food Hub, $60-million expansion of airside capabilities of Clark International Airport, the $2-billion data center colocation facility in New Clark City, $172-million solid waste management and waste-to-energy project in New Clark City, $17.9-million solar photovoltaic power plant in New  Clark City, and the $100-million Clark Integrated Public Transport System.

Lorenzana and Bingcang also paid a courtesy call on US Secretary of Commerce Gina Raimondo, who will lead the US Presidential Trade and Investment Mission to the Philippines from March 11 to 12.

BCDA said Raimondo declared her commitment to pitch the whole of Clark as an ideal investment hub for US companies eyeing to expand their business in the country.

Clark  is home to over 1,000 companies, including Texas Instruments, FedEx, Hilton, Nestle, UPS and Marriott.

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