The Residences

Housing for government workers soon to rise in New Clark City

Housing for government workers soon to rise in New Clark CityThe Bases Conversion and Development Authority (BCDA) and its partner MTD Philippines Inc.on Thursday held a symbolic topping-off ceremony at The Residences, a 525-unit condominiumtype housing in New Clark City for use of government employees and other locators. Tarlac 2nd District Representative Victor Yap and Capas Mayor Reynaldo Catacutan graced theevent. Officials of the government agencies which will soon have its offices in New Clark City were alsopresent. These include Development Bank of the Philippines (DBP) President and CEO CeciliaBorromeo, Landbank Leasing Corp. President and CEO Manuel Lopez, Office of Civil DefenseDeputy Administrator Kristoffer James Purisima and UP-Philippine Eye Research Institute DirectorDr. Leo Cubillan. The Residences is an integral part of the government’s response to President Duterte’s vision todecentralize state offices in Metro Manila and solve the congestion problem in the capital. Around 1,000 government employees will benefit from the 525-unit housing facility which willhave modern amenities. The project is significant for the government employees who will be thefirst occupants of New Clark City, the first smart and disaster-resilient city in the country. In the long run, an estimated 1.02 million residents are expected to populate New Clark City and582,000 of these will belong to the city’s workforce. The topping-off ceremony of The Residences complements other developments in New Clark Citysuch as the world-class sports facilities to be used for the 30th South East Asian Games, and theprovision of reliable water and power utilities in the new metropolis. -END- Reference:Leilani Barlongay-Macasaet09088998578

January 31, 2019

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