State-run Bases Conversion and Development Authority (BCDA) reiterated its commitment to advancing the Philippines’ infrastructure development, following significant progress in its flagship New Clark City project.
BCDA president and chief executive Joshua Bingcang highlighted key advancements in New Clark City at the 15th Philippines-Japan High-Level Meeting of the Joint Committee on Infrastructure Development and Economic Cooperation on March 24, 2025.
“With Japan’s support, we are making great progress in transforming New Clark City into a smart, sustainable, and thriving economic hub,” Bingcang said.
One major update is BCDA’s partnership with Science Park of the Philippines Inc. (SPPI) to develop a 100-hectare industrial park, together with Japanese companies with the goal of attracting high-value manufacturing and technology investments.
BCDA is piloting an AI-driven smart mobility system within New Clark City in partnership with Zenmov and the New Energy and Industrial Technology Development Organization (NEDO).
The first of its kind in the Philippines, the mobility system features low-carbon transport solutions and autonomous public utility vehicles (PUVs).
The final report from Zenmov, which will e released in the third quarter of 2025, will provide crucial insights for the future development of the city’s comprehensive mass transit system.
Further, BCDA and the Japan Overseas Infrastructure Investment Corporation for Transport and Urban Development (JOIN), a Japanese government-private infrastructure investment fund, are accelerating the implementation of the New Clark City master plan.
The partnership is preparing a business case for estate management services, ensuring the efficient and sustainable administration of the city as it welcomes more businesses.
Bingcang also extended an invitation to Japanese businesses to explore the numerous opportunities New Clark City offers, encouraging them to take advantage of the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) Act, which provides enhanced incentives for foreign investors.
“These initiatives reflect the strong and enduring partnership between BCDA and Japan in shaping the future of New Clark City. We invite more Japanese businesses to join us on this exciting journey,” Bingcang said.