SPECIAL Assistant to the President for Investment and Economic Affairs Secretary Frederick Go said New Clark City, the Bases Conversion and Development Authority’s flagship project, is a “very attractive” investment hub for certain sectors.
New Clark City covers over 9,450 hectares of land, envisioned to be the country’s first smart, green, and resilient metropolis.
“(M)y personal favorite, New Clark City, which we really think will be very attractive to the industrial investments, most particularly in the pharmaceutical and semiconductor industries,” Go said at the recent One Clark Forum organized by the Economic Journalists Association of the Philippines and the Bases Conversion and Development Authority (BCDA) in this town, last May 10.
Go is optimistic that the CREATE MORE bill, or the Corporate Recovery and Tax Incentives for Enterprises Maximize Opportunities for Reinvigorating the Economy, will help attract more locators to New Clark City.
“We are committed to shepherding CREATE MORE until it becomes a law. CREATE MORE will continue to encourage potential investors, particularly in the semiconductor and pharmaceutical industries to locate and bring more jobs to Clark,” he added.
Filinvest Land, Inc. is developing the Filinvest Innovation Park, a 288-hectare master-planned community inside New Clark City.
