State-run Bases Conversion and Development Authority (BCDA) is set to begin work on the ₱172-million expansion project of Hacienda Luisita interchange in Subic-Clark-Tarlac Expressway (SCTEX) to provide greater access to key industrial hubs in the area. BCDA President and Chief Executive Officer...
NEW CLARK CITY — The Philippines stands to generate an additional $200 billion in export revenue from the proposed Pax Silica artificial intelligence (AI) hub in New Clark City within 30 years from the start of development, or as early as 2058. Based on estimates from state-run Bases Conversion...
NEW CLARK CITY — State-run Bases Conversion and Development Authority (BCDA) has dispelled assumptions that hyperscale data centers, whose energy requirements are enough to power as many as 100,000 households, would be constructed under the proposed Pax Silica artificial intelligence (AI)...
The potential displacement of farmers from the site of the proposed Pax Silica artificial intelligence (AI) hub in New Clark City is not expected to happen anytime soon, according to the Bases Conversion and Development Authority (BCDA). Amid claims that the state-run firm is buying land to evict...
The Bases Conversion and Development Authority (BCDA), the state-run firm overseeing the development of the Pax Silica artificial intelligence (AI) industrial hub, said farmers affected by the project may find work opportunities in New Clark City. In a statement on Monday, Aug. 3, the BCDA said it...
The influential Makati Business Club (MBC) has questioned the lack of concrete plans presented for the proposed Pax Silica artificial intelligence (AI) industrial hub in New Clark City during President Ferdinand Marcos Jr.’s recent State of the Nation Address (SONA). The MBC, which represents the...
State-run Bases Conversion and Development Authority (BCDA) is now ready to begin the planned modernization of Poro Point Seaport in La Union province following the award of more than ₱68 million in funding to determine its viability as a public-private partnership (PPP) project. In a social...
The Philippines aims to complete negotiations with the United States (US) on the long-term framework governing the artificial intelligence (AI) industrial hub at New Clark City in Tarlac province under the Pax Silica partnership within two to three months, according to state-run Bases Conversion...
The development of the ₱2.5-billion information and communications technology (ICT) infrastructure in New Clark City remains in limbo as the government failed to attract any bidders in its latest attempt to get the project underway, potentially impacting progress on a planned artificial...
The Bases Conversion and Development Authority (BCDA) has signed an agreement with the regulator of the Ninoy Aquino International Airport (NAIA) for the sale of the Terminal 3 property worth nearly ₱50 billion. The BCDA said it transferred the 61-hectare property occupied by NAIA Terminal 3 to...
State-run Clark International Airport Corp. (CIAC) has signed a 25-year lease agreement with Heatcon Asia Inc., a Boeing supplier specializing in composite repair solutions, as part of efforts to strengthen Clark’s aviation and aerospace industry. In a statement on Wednesday, June 10, CIAC said...
The National Grid Corporation of the Philippines (NGCP) plans to invest nearly ₱7 billion in a dedicated substation to guarantee a stable power supply for New Clark City in Capas, Tarlac, anticipating a surge in demand from a planned artificial intelligence (AI) industrial hub. Joshua Bingcang,...
