The Bases Conversion and Development Authority (BCDA) and the provincial government of Tarlac will jointly develop a 47-hectare technology hub in New Clark City.
Under a memorandum of agreement signed last August 11, the BCDA grants usufructuary rights to the provincial government of Tarlac for the use of the subject property.
The land shall be used for the purpose of establishing, developing, and institutionalizing a hub for agro-industry, research and development, logistics, and other complex technological facilities like hyperscale data centers.
With the with BCDA, Tarlac will be able to attract investments that would open up employment opportunities for its residents.
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