BCDA, Tarlac provincial govt sign pact for devt of tech hub in NCC

By Andrea E. San Juan @andreasanjuan

THE Bases

BCDA President and CEO Joshua M. Bingcang and Tarlac Governor Susan A. Yap signed a memorandum of agreement (MOA) on Friday August 11, 2023, for the development of a

47-hectare property in NCC. Under the agreement, the BCDA said it grants usufructuary rights to the Provincial Government of Tarlac for the use of the subject property.

The state-owned group said the land shall be used for the purpose of “establishing, developing, and institutionalizing a hub for agro-industry, research and development [R&D], logistics, and other complex technological facilities like hyperscale data centers.”

“ We are grateful that through the efforts of the Provincial Government of Tarlac, we are realizing our dream of developing New Clark City as the Philippines’ model for future smart cities,” Bingcang said.

The BCDA chief said this “milestone” is a product of years of hard work by the government and the private sector to bring in investments in the fields of ICT, big data, and R&D, among others.

For his part, Tarlac Governor Susan A. Yap said this partnership with BCDA would bring in investments and eventually open up employment opportunities for the people of Tarlac.

Rest assured that the Provincial Government of Tarlac will be here, hand in hand, to support the dreams