CLARK FREEPORT ZONE – Clark Development Corporation (CDC) is set to embark on a new Master Development Plan (MDP) in a bid to usher in new business landscape inside the Freeport Zone.
CDC President and Chief Executive Officer Noel Manankil stressed that several lease contracts of pioneer locators are set to expire by 2018 and henceforth.
“Anticipating these expirations, we are preparing the new MDP to make the main Freeport more marketable, effective, viable and in harmony with current and planned developments with the current and planned developments, including the Clark International Airport and Clark Green City development,” he explained.
Moreover, Manankil noted that the new MDP will provide a fresh take on the most strategic approach for further development of the Freeport Zone in line with government’s “Build, Build, Build” program.
The new MDP aims to optimize the development potentials of Clark without compromising the economic, environmental and social integrity of the Main (Freeport) Zone with the surrounding areas.
Among the projects included under the MDP are the Subic-Clark Corridor (CFZ, Clark Civil Aviation complex. Clark Special Economic Zone and Clark Green City), the proposed North Luzon Railways project, Manila-Clark airport Express Railway, and the 60-kilometer railway that will connect Clark and Subic. (CLJD/TJBM PIA-3)