Clark Freeport, Pampanga—A P35-million warehouse project will be constructed here to respond to the growing needs of manufacturing firms and factories, the head of the communication division of the Clark Development Corp. said on Wednesday.
Noel Tulabut said that the project will be constructed inside the 3.19 hectares of property leased by MSK Group Work Clark Inc., a Taiwanese-Filipino company operating inside the freeport zone since 2012.
A lease agreement to this effect was signed recently between the Clark Development Corp. president Arthur P. Tugade and Su Kuo Fang, president of MSK at the Xenia hotel here, Tulabut said.
After the completion of warehousing facilities, MSK will sublease them to manufacturing firms and factories inside the zone. Aside from the 3.19 hectares of land, the firm is also interested in the former site of a furniture exporter Golden Cane, also located inside the freeport zone, Tulabut added.