• 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

SBCorp. approves P4.22 million in loans for female...

July 10, 2025

DENR seeking to plant 3 million trees in...

July 10, 2025

PHL slips in investor relations, debt transparency rankings

July 10, 2025

San Juanico disruptions highlight need for containerizing key...

July 10, 2025

Miners see Trump copper tariffs driving value-adding push

July 10, 2025

Meralco to tap more WESM power following delays...

July 10, 2025

PCC considering changes to divestment rules

July 9, 2025

DEPDev calls 10% tariff positive outcome, but sees...

July 9, 2025

CAB seeks expanded air deal with Australia

July 9, 2025

LGUs ordered to develop coastal ‘greenbelt’ zones

July 9, 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

    • California Democrat Who Rushed Kristi Noem With No ID Now Pushing Bill Requiring ICE Agents to ID Themselves

      July 11, 2025
    • DNC Chair Ken Martin Shrugs Off Zohran Mamdani Comments About Globalizing the Intifada: ‘We’re a Big Tent Party’ (VIDEO)

      July 11, 2025
    • State Department to Go on Firing Spree

      July 11, 2025
    • Liberal Wingnut Kathy Griffin ONCE AGAIN Suggests Trump Did Not Win the 2024 Election Fair and Square (VIDEO)

      July 11, 2025
    • CNN Data Analyst STUNNED That Majority of Americans Are NOT Worried About Climate Change (VIDEO)

      July 11, 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