CLARK FREEPORT ZONE, Pampanga (PIA) -- Investments committed by private and government locators in New Clark City (NCC) has reached P95.51 billion, as of end-2022.
 
Actual investments infused have already hit P14.59 billion. 
 
In a media briefing, Bases Conversion and Development Authority (BCDA) President and Chief Executive Officer Aileen Zosa said the state-owned firm will harness the potential of NCC into a smart, sustainable and inclusive city that will help in further accelerating growth in Central Luzon.
 
This is anchored on the economic agenda and the Build Better More infrastructure modernization program of President Ferdinand Marcos Jr.
 
To realize this goal, BCDA lined up several high-impact projects and programs particularly in the fields of sustainable development, renewable energy, information and communications technology, estate management, transportation, tourism and smart city technologies, among others. 

“The new BCDA leadership fully supports the Marcos administration’s 8-point socio-economic agenda as reflected in the Philippine Development Plan 2023-2028, and its mission to propel economic and social transformation in the country in order to provide more jobs and lift more Filipinos from poverty,” Zosa emphasized.
 
“NCC is BCDA’s answer to reach this goal. Through the development of NCC, we not only strive to decongest Metro Manila, but we will also provide a catalyst to spread growth in Central Luzon and other provinces,” she added.
 
Once fully developed, NCC is projected to become the home of about one million residents, and provide job opportunities to approximately 600,000 Filipinos. (CLJD-PIA 3)