By James A. Loyola
Megawide Construction Corporation (Megawide) has started fresh construction at the 177-hectare Clark Global City (CGC) of Udenna Land’s Global Gateway Development Corporation (GGDC).
“We are honored to work shoulder to shoulder with Megawide to transform 177 hectares of land into a thriving business center and community,” said Udenna Land Chairman Dennis Uy.
He noted that, “bold and audacious projects such as CGC can only be done by partnering with people who not only share the same vision but are also equipped with topnotch execution skills.”
After taking over the property in 2017, GGDC now holds the lease rights for The master-planned, mixed-use development located in the heart of Central Luzon until 2085.
To fast-track the development of this modern metropolis with its 22-month timeline target, GGDC has been partnering with several locators that share the same vision of building this generation’s center of commerce, culture, entertainment and leisure.
“Megawide is proud to be working with Udenna and GGDC as contractor for the site development of Clark Global City,” Megawide Chairman Saavedra said.
He added that, “we’re excited to be working on such a transformative project not just for Clark but for Central Luzon. We thank Udenna and GGDC for giving us the opportunity to help engineer a first-world Clark and a first-world Philippines together.”
At present, 47 of the 177 hectare estate has been developed with world-class, disaster-ready horizontal infrastructure, 50-year storm water drainage systems, state-of-the-art sewer system, an underground infrastructure network, and eight-road lanes with bike lanes and 50 meters of right-of-way priority.
Megawide commits to construct 12 kilometers of roads and fully develop the remaining balance of infrastructure in 22 months.
“After only a year of operations under new management, GGDC has subleased over 32 hectares of land to 17 top-tier real estate developers, fully leased out West Aeropark and hosted over 15 major events including the sought after Hot Air Balloon Festival in Clark, Pampanga,” GGDC President Wilfredo Placino said.