State-owned Bases Conversion and Development Authority and the Japan Overseas Infrastructure Investment Corporation for Transport and Urban Development or Join teamed up with Surbana Jurong of Singapore to develop New Clark City.
Surbana Jurong will help BCDA and Join prepare the detailed design standards and guidelines for New Clark City.
These include the refinement of the detailed urban and infrastructure design, financial and business advisory, review of the development of the Public-Private Partnership framework for provision of utility services such as water and power, and 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.
The 9,450 hectare development is envisioned to provide an alternative city to major metropolis in the country. New Clark City will rise within Clark Special Economic Zone in Tarlac province.