The Bases Conversion and Development Authority (BCDA) is offering Poro Point Freeport Zone (PPFZ) in La Union and New Clark City (NCC)as a relocation site of Taiwanese companies.
In a recent webinar, BCDA executive vice president and chief operating officer Aileen Zosa said Poro Point is an ideal location for Taiwanese investors as it is the nearest property to Taiwan.
Poro Point is home to the San Fernando International Seaport, which has three pier structures that accommodate all vessel types; and the upgraded 40.5-hectare San Fernando Airport.
BCDA, in partnership with the Department of Transportation, is also building the P35-million San Fernando Ferry Port Terminal inside Poro Point Freeport Zone which upon completion, will reduce travel time to and from Alaminos and San Fernando, as well as Dagupan in Pangasinan, from more than five hours to just two and a half hours.
Poro Point also has an integrated resort with recreational, mixed-use tourism and commercial facilities.
The presence of a cable landing station at Poro Point strategically positions it as the IT hub of the north via the planned Luzon Bypass Infrastructure Project, an ultra-high-speed information highway that will greatly improve the speed, affordability, and accessibility of broadband internet.
Zosa also pitched NCC’s growth potential to Taiwan businesses, citing its smart, green, and resilient features.
BCDA will complete this year the direct connection from the new Clark International Airport terminal to the New Clark City through the completion of Sacobia Bridge, cutting travel time to 15 to 20 minutes, Zosa said in a separate forum.
To date, there are 15 Taiwan companies operating within the Clark Freeport Zone, generating 4,933 jobs and accounting for investments worth $213.54 million.
A bus rapid transport system, an integrated mass transit lane, and high-speed railways are also planned for development. – Irma Isip
