Bases Conversion and Development Authority (BCDA) president Arnel P. Casanova has said they are mulling the possibility of developing another city at the Clark Freeport Zone in Pampanga.
Casanova said the proposed city is of the same mold as the Bonifacio Global City in Taguig, Metro Manila, which caters to the business process outsourcing and light industries and high-end residential communities.
“The master planning is ongoing and development for this new city is expected to last 50 years. We are looking at the possibility of constructing railways line and other infrastructures that would connect this new city to other parts of the country, especially in Central Luzon. We are looking to complete the plan by next year,” the BCDA chief added.
The BCDA is a government instrumentality vested with corporate powers under Republic Act No. 7227 (Bases Conversion and Development Act of 1992), which was signed into law by former President Corazon C. Aquino on March 13, 1992.
The BCDA Charter was amended by R.A. 7917 in 1995 and further by R.A. 9400 in 2007.
Mandated to transform former United States military bases in the country into alternative productive civilian use, BCDA remains as a major force in creating economic opportunities in the country through its establishment of integrated developments, dynamic business centers and vibrant communities.
BCDA engages in public-private partnerships to push forward vital public infrastructure such as tollways, airports, seaports, and also major real estate developments.
It has successfully developed economic centers such as the Bonifacio Global City and the Newport City, completed the world-class Subic-Clark-Tarlac Expressway, and plans to develop further the Diosdado Macapagal International Airport, among others.
The thrust of BCDA in expanding economic opportunities for Filipinos is echoed within the BCDA Group, composed of the BCDA Management & Holdings Inc., Clark Development Corp., Clark International Airport Corp., Poro Point Management Corp., John Hay Management Corp., Bataan Technology Park Inc., and North Luzon Railways Corp.