Clark, Philippines

[hullexile]

For those who do business in the Philippines best get used to Clark being a base and the future capital. Here is a series of short videos.

Four areas:

New Clark City (previously called Clark Green City)

As well as a brand new city of 1.2 million (with housing, retail, schools, embassies, hospitals, factories,etc) it also includes the Sports City - venues and accomodation for the athletes of the 2019 South East Asia Games and much bigger the New Government City - offices for all the government departments to relocate from Manila.

60% green, 40% buildings. All utilities in accessible underground service tunnels, powered by renewable energy.

Clark Global City - a business district. Offices, retail, healthcare.

Airport zone - airport expanded to Heathrow like capacity with four runways. Logistics zone.

Clark freeport zone - the existing area which will be developed.

Three new railways to Manila, Subic Port and up north. Increased road network.

Timescales:
New Clark City, phase 1 complete in 2019. The rest ongoing mostly complete in 20 years.
Clark Global City, well on way, complete in 10 years
Airport, capacity up to 12 million by 2020, 80 million 2025.


https://m.youtube.com/playlist?list=...1G2ZqmJESjb-ov

[Plutark]

Nice summary. Definitely worth investing in that area. Way more convenient than the infrastructure hell in Manila

[hullexile]

Nice summary. Definitely worth investing in that area. Way more convenient than the infrastructure hell in Manila

Already noticed property prices rising considerably in areas surrounding Clark - we live about a mile or less to the boundary. Lots of housing developments going on in the foothills of the mountains that were completely undeveloped. You are probably looking at a population increase of 3-5 million in Pampanga over the next 10 years. They all have to live somewhere. God knows what the localtraffic will be like then though. GDP growth locally is 12% or more per year and accelerating.

[jw1701]

Very interesting..thanks for sharing

Do you have a sense of how much is real/funded...just curious as I've heard there's lot of investment money being talked about (particularly from China)

[hullexile]

Very interesting..thanks for sharing

Do you have a sense of how much is real/funded...just curious as I've heard there's lot of investment money being talked about (particularly from China)

Very little is from China. The Subic railway is the only one I can think of, oh and an industrial estate but that is FDI not a loan.

There is direct government funding but most of it is private sector, either domestic or foreign. If I can find numbers I will let you know.

[GlennBond]

This isn’t the Clark I used to remember. What happened to all the girlie bars?! There were lots of them. Can’t believe this is going on now. Wow.

[hullexile]

This isn’t the Clark I used to remember. What happened to all the girlie bars?! There were lots of them. Can’t believe this is going on now. Wow.

Still there just off the airbase as they always were. From what I hear the numbers are slowly falling and the visitors getting older each year . Lot more Korean men now. Development in that area as well, condos and hotels. They are trying to move the quality of tourists upmarket but they will never get rid of the bars.

[GlennBond]

Thanks for the updated info. One time some friends and I paid a taxi driver 1500 pesos to drive us from Manila to Clark. For a friends birthday celebration. Bars were wild. In fact, it was like the Wild West in that area.

[hullexile]

First 5G video call in the Philippines made in Clark today.

Attachment 76776

[hullexile]

Announced yesterday that Clark Airport will now be operated by a consortium headed by Changi Airport. In return they give the government 18.75% of gross revenues.

We have noticed underground construction work going on between Angeles and the airport - assumption is that this is the Manila railway line.