Partnership

BCDA and Japan ink partnership with Surbana Jurong of Singapore_021218

BCDA and Japan ink partnership with Surbana Jurong of Singapore for full development of New Clark City The Bases Conversion and Development Authority (BCDA) and Japan Overseas InfrastructureInvestment Corporation for Transport and Urban Development (JOIN) signed a Memorandum ofCooperation with Surbana Jurong of Singapore on February 12, 2018 in Mactan, Cebu.  Singapore Ambassador to the Philippines Kok Li Peng, Special Advisor to the Prime Minister ofJapan Hiroto Izumi, and Philippines’ Finance Secretary Carlos Dominguez III and other membersof the Cabinet witnessed the signing led by BCDA President and Chief Executive Officer VivencioDizon, JOIN President and Chief Executive Officer Takuma Hatano, and Surbana Jurong GroupChief Executive Officer Wong Heang Fine. The collaboration marks the full implementation of New Clark City anchored on theComprehensive Master Development Plan developed by BCDA and JOIN, in partnership withurban planning and engineering firms AECOM, Nippon Koei, and Philkoei InternationalIncorporated.  In the agreement, Surbana Jurong will assist BCDA and JOIN in drafting the developmentmanagement framework, design standard guidelines and environmental guidelines to complementthe masterplan of New Clark City.  “Surbana Jurong is proud to support BCDA and JOIN in developing New Clark City into the nextbig metropolis and become a showcase to the world of a smart and green city. We will leverage ourover 50 years of urban and infrastructure development expertise and our global capabilities tomanage the development of the city, and help the Philippine Government bring this vision toreality,” Surbana Jurong’s Group Chief Executive Officer Wong Heang Fine said.    Surbana Jurong will also help in utilizing Public-Private Partnerships to entice investors to NewClark City. It will also advise in the implementation plan of pioneer developers in New Clark Citysuch as Filinvest Land, Inc.’s mixed-use industrial real estate developments, and MTD CapitalBerhad’s National Government Administrative Center. It will also establish the framework of asmart city concept that will have fully-integrated infrastructure and utilities for power, water,sewerage, information and communication technology (ICT), security, and traffic management.   Mr. Wong Heang Fine added that “New Clark City has tremendous potential, and we arecommitted to be long-term partners in the city’s growth. The transformation of this area will bringabout sustainable growth and create jobs locally, and ultimately bring about long-lasting economicand social benefits for the country. We look forward to working together with BCDA and JOIN, aswell as international investors and local communities, in making this project a success.” Surbana Jurong is a wholly owned company of Temasek Holdings Singapore formed through themerger of renowned urban planning and affordable housing leader Surbana InternationalConsultants, and industrialization corporation Jurong International. It has 50 years of experience inthe development of Singapore’s urban, industrial and infrastructure landscape.  Meanwhile, JOIN President and CEO Takuma Hatano recognized the significance of the Manila-Clark Railway (PNR North Railway) project in developing New Clark City as one of Japan’sbiggest projects in the Philippines. The 106-kilometer alignment will connect Tutuban, Manila tothe Clark International Airport and New Clark City.  “The railway will immensely benefit commuters as it will cut down travel time from Manila toClark in an hour, from the current 2-3 hours travel time,” Hatano said. He added that the railway isdesigned to accommodate around 350,000 passengers per day and will provide an efficient andmore comfortable travel experience to commuters.  The first phase of the project is expected to be completed in 2021. The Manila-Clark Railway isbeing implemented by the Department of Transportation in partnership with BCDA, and will befunded through Japan’s official development assistance. The feasibility study and the detailedengineering design for the railway will be funded by the Japan International Cooperation Agency(JICA).  The 9,450-hectare New Clark City is envisioned to be a new metropolis that will rise in the ClarkSpecial Economic Zone, in Capas and Bamban, Tarlac. It is designed to be the country’s first smart,green, disaster-resilient city, where nature, lifestyle, business, education, and industries converge,and will be at par with other modern cities in the world.   New Clark City will feature mixed-use real estate developments for housing, a business continuitycenter that would also house national government agencies, an agro-industrial park and aninternational food market. The city will have wide pedestrian lanes, exclusive bicycle lanes, and anintegrated mass transit lane. Phase 1 of the project is expected to be completed in 2022. -END- References:Engr. Joshua M. Bingcang –Vice President for Business Development and OperationsMobile No. 09178039429 Leilani Barlongay-Macasaet – Head, Corporate Communication OfficeMobile No. 0908-8998578 Jackie Yu- Surbana Jurong Group Communications DirectorEmail: jackie.yuwc@surbanajurong.com

February 12, 2018

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BCDA, Japan team up with Surbana Jurong Singapore for development of New Clark City

BCDA, Japan team up with Surbana Jurong Singapore for development of New Clark City The state-owned Bases Conversion and Development Authority (BCDA) and the Japan Overseas Infrastructure Investment Corporation for Transport and Urban Development (JOIN) have partnered with Surbana Jurong of Singapore for the development of the New Clark City (formerly Clark Green City) project. Surbana Jurong will help BCDA and JOIN prepare the detailed design standards and guidelines for New Clark City. This includes the refinement of the detailed urban and infrastructure design, serve as a financial and business advisor, review the development of the Public-Private Partnership framework for provision of utility services such as water and power, and make the framework for the long-term operation of New Clark City. Surbana Jurong is focused on urban, industrial and infrastructure projects. It has grown to be one of the largest firms in Asia with over 120 offices in countries such as China, India, and Myanmar. In building world-class legacy projects in Clark, BCDA and JOIN acknowledge the expertise of international firms such as Surbana Jurong, for the development of New Clark City—the 9,450 hectare city being envisioned to provide a more comfortable life for Filipinos. New Clark City, a new metropolis that will rise in the Clark Special Economic Zone in the province of Tarlac, is designed to be the country’s first smart, green, disaster-resilient city, where nature, lifestyle, business, education, and industries converge, and will be at par with other modern cities in the world. -END- References: Engr. Joshua Bingcang – Vice President for Business Development and Operations, Mobile No. 09178039429 Leilani Barlongay-Macasaet – Head, Corporate Communications Office Mobile No. 0908-8998578

January 8, 2018

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