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Friday, March 29, 2024

Opsytech, Donggwang seal P2.9-billion deal

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Filipino tech company Opsytech Corporation and South Korean developer Donggwang Clark Corporation signed a P2.9-billion business contract Saturday night in Makati City.

Donggwang Clark Corporation’s Overseas Division Representative Jungwoo Lee and Opsytech’s President and CEO Carl Chao signed a P2.9-billion business contract that includes world-class infrastructure which will rise in Clark Freeport Zone.

Opsytech’s President and CEO Carl Chao and Donggwang Clark Corporation’s Overseas Division Jungwoo Lee shared a toast during the contract signing, which includes the infrastructure that will soon rise in Clark, Pampanga.

As a tech company assembling auxiliary products, Opsytech Corporation will provide CCTV systems, building management systems, audio and video systems for world-class condominium towers and luxury hotels and casinos.

Chao thanked Donggwang for their confidence in his company during the thanksgiving celebration in Makati Shangri-La. 

“I thank Donggwang Clark Corporation for this wonderful opportunity and rest assured that I’ll do my 101% to achieve our goal of providing a world-class, state-of-the-art hotel resort and casino,” Chao said.

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Opsytech is contracted to assemble the auxiliary systems at the Hyatt Regency Clark Hotel and Casino, the Hilton Clark Hotel and Casino, and the Banyan Tree Clark Hotel and Casino developed by Donggwang Clark Corporation.

The hotels and casinos will rise inside the Clark Freeport Zone, one of the two areas covering Angeles City, Pampanga, and Tarlac, with the other area known as the Special Economic Zone.

Opsytech also launched the Dragon Eye CCTV system set to be distributed nationwide.

Chao, a Filipino-Chinese businessman, also gave a gold figure-8 dragon to Lee to show his appreciation to the Korean executive.

“I’m just so little to be partnering with them. I thank them for this very wonderful opportunity but it’s really not easy,” Chao said during the celebration.

Senator Manny Pacquiao, Chao’s friend, was also present at the thanksgiving party.

The party was organized by Epic Events Management led by Kae Nograles. 

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