• World News
  • Politics
  • Economy
  • Stock
  • Editor’s Pick
Global Trading Markets
EconomyEditor's Pick

Ground broken on New Clark affordable-housing project

by July 10, 2025
July 10, 2025

THE Bases Conversion and Development Authority (BCDA) said construction started on an affordable housing project in New Clark City on Thursday.

This housing project is part of the Pambansang Pabahay Para sa Pilipino program, BCDA President and Chief Executive Officer Joshua M. Bingcang said.

It is a partnership with the Department of Human Settlements and Urban Development and a consortium of Sta. Clara International Corp. and South Korea’s Saekyung Unitless Co.

The project, which will begin vertical construction this year, will initially deliver 840 housing units within two years.

“These units form part of a larger, masterplanned 5.84-hectare community that will eventually offer more than 3,400 residential units, including mid-rise buildings for affordable housing,” it added.

According to BCDA, the project will prioritize local hires from Capas and surrounding towns during construction and operations.

Human Settlements Undersecretary for Freeport Economic Zones Emmanuel D. Pineda said that the project “is a real and tangible step forward in our collective pursuit of Bagong Pilipinas, where housing is a right, not a privilege.”

The housing project is also expected to integrate green parks, community spaces, sports and recreation facilities, retail zones, and access to nearby national institutions and employers.

“The community will also serve as a potential housing site for uniformed personnel, allowing them to live closer to their place of duty,” BCDA said.

The project is also set to benefit from the New Clark City–MacArthur Highway Connector Road and Connecting Road Package 2, which link the city to the Virology and Vaccine Institute of the Philippines, the Bangko Sentral ng Pilipinas complex, and the National Academy of Sports.

New Clark City is expecting to host locators with P274.52 billion in pledged investments and 150,000 jobs. — Justine Irish D. Tabile

previous post
San Juanico disruptions highlight need for containerizing key island ports — agri lobby
next post
SBCorp. approves P4.22 million in loans for female entrepreneurs

You may also like

Marcos orders support measures for exporters

July 31, 2025

ODA portfolio rises 6% to nearly $40B in...

July 31, 2025

Cybersecurity company expanding PHL talent pool

July 31, 2025

VAT filing deadline extended for foreign digital providers

July 31, 2025

P5-B Lemery, Batangas logistics hub completed

July 31, 2025

Gov’t scientists develop ASF rapid test kits

July 31, 2025

Telcos say Konektadong Pinoy bill should be returned...

July 31, 2025

Infrastructure spending expected to accelerate after election pause

July 31, 2025

Exporters left in the dark after Marcos silence...

July 31, 2025

BCDA approves new BSP complex in Clark

July 31, 2025

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Slovenia Imposes Arms Embargo on Israel, Citing Gaza Conflict

      August 3, 2025
    • BIDEN COULD HAVE RELEASED THE EPSTEIN FILES… HE DIDN’T

      August 3, 2025
    • Muslim Migrants Found NOT GUILTY of Attempted “Honor Killing” Despite Being Caught on Tape Violently Assaulting Daughter Allegedly For Not Wanting to Marry Older Muslim Man (VIDEO)

      August 3, 2025
    • VIDEO: Texas DPS Uses K9 Unit to Track Illegal Aliens in Brush

      August 3, 2025
    • Trump Administration ‘Greatly Concerned’ With UK PM Starmer’s Government ‘Spying’ on Critics of Mass Migration

      August 2, 2025
    Footer Logo
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 GlobalTradingMarkets.com All Rights Reserved.

    Global Trading Markets
    • World News
    • Politics
    • Economy
    • Stock
    • Editor’s Pick