BCDA inks pact with Swedish gov't and private firms to develop Clark Green City
Posted: November 16, 2015 | Category: Investment And Projects
The state-owned Bases Conversion and Development Authority (BCDA) signed today a Memorandum of Understanding (MOU) with the Swedish government and two private firms that would pave the way for future collaborative opportunities to develop and build what is envisioned to be the country’s first smart, disaster-resilient and green metropolis–Clark Green City.
The Swedish entities are IVL Swedish Environmental Research Institute (IVL), a foundation jointly owned by the Government of Sweden and Swedish industry; ElectriCITY, a non-profit organization composed of major companies operating in Sweden; and Xeric AB (Xeric), a company that specializes in providing business consultancy services for small and medium enterprises.
“We welcome IVL, ElectriCITY, and Xeric as the newest partners of the BCDA in the development of Clark Green City and look forward to a fruitful collaborative partnership through knowledge and technology transfer, research and development, and business investments,” BCDA President and CEO Arnel Paciano D. Casanova said.
According to Casanova, the forged MOU creates a non-binding framework for furthering discussions under which the BCDA and the three Swedish firms can explore potential collaborative opportunities in relation to sustainable urbanization, best practices in urban development, and providing business solution services in the development and growth of Clark Green City.
Under the MOU, BCDA, IVL, ElectriCITY, and Xeric agree to pursue cooperation, promote green sustainability, inclusive growth, innovation, enterprise development and develop synergies towards common goals in the areas of sustainable city planning; eco-governance; infrastructure and utilities; energy; clean technology, products, and solutions; information technology and smart development; sustainable resource management; waste management and recycling; and training and education, among others.
Casanova said, for this purpose, a Technical Cooperation Committee will be established to facilitate the implementation of the cooperative activities.
The MOU was signed by BCDA President Casanova, IVL President and CEO Tord Svedberg, ElectriCITY Chairman Allan Larsson, and Xeric CEO for Southeast Asia Klas Lundgren. The MOU is effective for a period of three (3) years.
IVL was created in 1966 and since then has been involved in the development of solutions to environmental problems both at the national and international levels.
ElectriCITY has been instrumental in the development of Hammarby Sjostad – a notable example of sustainable city development in Sweden.
XERIC was founded in 2011 by a group of experienced managers from the Swedish telecommunications company Ericsson.
The entire Clark Green City is a 9,450-hectare master planned property within the Clark Special Economic Zone in the province of Tarlac, Philippines.
At full development, Clark Green City will have some 1.12 million residents, 800,000 workers and contribute a gross output of approximately P1.57 trillion per year to the national economy or roughly four percent share in the county’s Gross Domestic Product (GDP).
Located at the Clark Special Economic Zone, Clark Green City is positioned strategically between highly urbanizing cities of San Fernando, Angeles and Olongapo in Central Luzon as well as the cities of San Carlos, Dagupan and Urdaneta in Northern Luzon. It is also near the Clark International Airport and the Subic Seaport.
The strategic location and its connectivity to major cities in Central Luzon through the country’s expressways like NLEX, SCTEX, TPLEX and soon the CLEX will allow the convergence.