French, German firms keen on investing in New Clark City
European companies are looking to operate their business activities in New Clark City, the Philippines’ next big metropolis breaking ground in Central Luzon.
According to Bases Conversion and Development Authority (BCDA) President and Chief Executive Officer Vivencio Dizon, they are expecting French firm SEMMARIS to complete a feasibility study on establishing an International Food Market inside the New Clark City by the end of 2018.
SEMMARIS runs Rungis International Market, the biggest market in Paris. They have partnered with Metro Pacific Investments Corp. (MPIC) to conduct the feasibility study of the International Food Market.
BCDA aims to link buyers and sellers of food and agricultural products through the International Food Market. Moreover, the project is expected to help provide local farmers with direct market access and earn higher income.
Bosch interested in setting up facility in New Clark City
German engineering and electronics company Bosch has also conveyed interest in building a testing facility inside the New Clark City.
Dizon said they recently spoke with Bosch regarding the matter.
He added that local and foreign companies have shown strong investment interests in New Clark City. As soon as Surbana Jurong finalizes the masterplan for the New Clark City, BCDA will move forward with more developments in the new metropolis.
via Philippine News Agency / Kris Crismundo
