BCDA showcases Filinvest ‘multi-gen metropolis’ at Belt and Road Summit

September 11, 2019

Author: admin

BCDA showcases Filinvest ‘multi-gen metropolis’ at Belt and Road Summit

The Bases Conversion and Development Authority (BCDA) pitched to international firms the
investment opportunities for the 288-hectare multi-gen metropolis in New Clark City during the
fourth Belt & Road Summit, to be held on 11-12 September 2019 in Hong Kong.

Atty. Joanna Eileen Capones, BCDA Vice President for Investments Promotion and Marketing,
is among the prominent roster of presenters during the summit’s “Investment and Business-
Matching Session.” At the summit, she showcased Filinvest’s ‘live, learn, work, and play’
concept integrated in its modern township that complements New Clark City’s smart, resilient,
and sustainable features.

Dubbed as a “future-ready” metropolis, Filinvest’s property is strategically located to the
National Government Administrative Center. It is also accessible via road networks that connect
to the Subic-Clark-Tarlac Expressway and the Clark International Airport which will be the next
global gateway in Asia.

“Filinvest was the first private group that believed in our bold vision for New Clark City. They
have been building Filipino dreams through masterplanned communities that enrich the lives of
many people, and we want to tread on that same path as we develop Clark,” Capones said.

Filinvest’s mixed-use industrial area will house an innovation park, a research and development
(R&D) district, and a lifestyle mixed-use district for hotels, office buildings, and commercial
establishments.

The 62-hectare Innovation Park Phase 1 will accommodate industries from the light
manufacturing sector, logistics, storage, warehousing, cold storage, and food processing.
Construction of the park has started last July and will be completed by first quarter of 2020.
Meanwhile, the R&D District will be a campus-type area wherein locators will provide support
for the innovation park.

Other developments include a commercial mixed-use district that feature local and global brands,
a residential district in which low-density condominiums will be established to highlight the
location’s natural topography and for occupants to have a mountain view.

An education cluster will also be developed to provide schools that offer primary to tertiary
education, as well as, TESDA-accredited courses to complement the industrial park.

A city park is also envisioned to be a family-centric destination that will adopt green features
such as bioswale and aquaponic wetlands and will promote a vibrant F&B scene with healthier
food options. The park will also have leisure walkway and cycling park loop, and will be a good
place for interactive public art and events.

New Clark City continues to drive growth as it houses the world-class sports complex to be used
during the 30th South East Asian Games (SEA) and a government center that will decongest
Metro Manila. To promote a sustainable mode of transportation, self-driving cars will also be
used to transport athletes inside the New Clark City sports complex during the games.

-END-

Reference:
Leilani Barlongay-Macasaet
Assistant Vice President for Corporate Communications
09088998578

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