The Bases Conversion and Development Authority (BCDA) invited Australian firms to invest in Central and Northern Luzon, particularly in the area of infrastructure, among others, to help decongest Metro Manila. Know more:
Bases Conversion and Development Authority Chairman Delfin N. Lorenzana briefs Australian investors on the Marcos administration’s “Build Better More” program, as well as the BCDA’s crucial role in this massive infrastructure buildup.
During the investment briefings, BCDA Chairman Delfin N. Lorenzana discussed the “aggressive infrastructure” push of the administration of President Ferdinand R. Marcos Jr., which BCDA said is seen to help decongest Metro Manila, generate investments, and create job opportunities for the people. BCDA said the hub is an “emerging” center of economic growth just north of Metro Manila. In addition, the authority said the Subic-Clark corridor enjoys “close proximity” to the Clark International Airport , which it said is positioned to be Asia’s next premier gateway.
“This special economic zone serves as one of the landing sites of the Luzon Bypass Infrastructure project, which aims to provide affordable, high-speed internet access throughout the country. It also has its own community airport and seaport, making it an ideal investment destination,” BCDA added in its statement.
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