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100 US firms express interest in Clark investment
The Bases Conversion and Development Authority (BCDA) has actively encouraged US firms to invest in Clark, Philippines, ahead of a significant trade mission by US Secretary of Commerce Gina Raimondo.
BCDA officials, including Chairman Delfin Lorenzana and President and CEO Joshua Bingcang, presented Clark as a prime investment destination to over 100 US companies at a recent Senior Leaders Seminar in Washington D.C.
This proactive engagement aims to leverage the upcoming Presidential Trade and Investment Mission, scheduled from March 11 to 12, which will bring US business representatives to the Philippines.
BCDA highlighted Clark's transformation from a former US military air base into a leading tourist and investment hub in Central Luzon, attracting considerable interest from American companies.
Key development projects presented for potential US investment include a 296.5-acre Filinvest Innovation Park, a USD2 billion data center, a USD172 million solid waste management facility, and a USD17.9 million solar power plant, all located in New Clark City.
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