New Clark City
| New Clark City | |
|---|---|
| Planned community | |
| Country |
 Philippines
|
| Region | Central Luzon |
| Province | Tarlac |
| Municipality | Capas |
| Managing entity | Bases Conversion and Development Authority |
| Time zone | PST (UTC+8) |
| Website | newclarkcityph |
New Clark City (also called Clark Green City) is a planned community under-development which is geographically situated in Capas, Tarlac, Philippines. It covers an area approximately 9,450 hectares (23,400 acres) and is being managed by the Bases Conversion and Development Authority (BCDA).
In March 2015, the Philippine Congress approved House Resolution 116 in support of Clark Green City.
The development is under the management of the Bases Conversion Development Authority (BCDA). The BCDA signed a 100-year contract with Filinvest to develop the 288 hectares (710 acres) of allocated for the project. The development authority also managed to make partnership with foreign firms to develop Clark Green City such as United Arab Emirates-based Al Ahli Holding Group which plans tourism-related projects in the area, Japan Overseas Infrastructure Investment Corp. which plans to connect Clark Green City to Manila as well as surrounding cities by rail, and IVL Swedish Environmental Research Institute which will assist the BCDA to come up with "smart and disaster-resilient" features for the planned community. An agreement was also signed between Paris-based Vivapolis.
The groundbreaking rites for the Clark Green City, led by then President Benigno Aquino III was made in April 11, 2016.
The project was named "Clark" for marketing purposes for potential investors in the area. This naming decision was made despite being located in Tarlac and not in Clark, Pampanga due to the latter being more known to foreign investors. The BCDA compared this with the situation of the Subic Bay Freeport Zone, which was Olongapo and Morong, Bataan, and not in Subic, Zambales.
Clark Green City spans an area of 9,450 hectares (23,400 acres) and is located within the Clark Special Economic Zone. The development is located in the municipality of Capas, Tarlac although it is administered from Angeles, Pampanga.
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Wikipedia