A new study by the Subic-Clark Alliance for Development (SCAD) is suggesting the development of new industrial area at two towns in Pampanga that will eventually cater to prominent Japanese, Korean and Taiwanese investors.
SCAD Chairman Roberto V. Garcia, who presented the said study to the Pampanga provincial board, said that “We need to establish new industrial estates in Porac and Floridablanca towns,” due to the lack of massive leasable land properties in Clark Freeport Zone and Subic Bay Freeport Zone.
Garcia is also the chairman of the Subic Bay Metropolitan Authority (SBMA). Porac and Floridablanca are the two towns of Pampanga’s biggest municipalities in terms of land area and are easily accessible via the Subic-Clark-Tarlac Expressway (SCTEX).
Both Porac and Floridablanca are the two nearby town in between Clark and Subic. Garcia said that they are taking advantage of the interests of the three ASEAN countries to relocate to Clark and Subic via the proposed industrial establishments in Pampanga.
The proposed industrial hubs will be “exclusive economic zone per country,” according to the study as proposed by Garcia. Japan, South Korea and Taiwan are looking for industrial areas with at least 100 hectares of land, Garcia added.
Most of the foreign investors want to exit from China and transfer their respective manufacturing hubs to the Philippines, Garcia further added.
The Pampanga Vice Gov. Dennis G. Pineda said “Pampanga should be ready for more investors, especially those who will bring in multibillion-peso investments and provide more employment for local residents.”
Meanwhile, the Pampanga Third District Board Member Rosve Henson, chairman of the Ways and Means Committee, said “the SCAD’s presentation is most welcome, but we have to make sure that what’s due for Pampanga government and its people will be given in accordance to our laws, should this plan be approved.”
Henson added, “the proposal of SCAD will be carefully studied by the Provincial Board and Pampanga Gov. Lilia G. Pineda and local officials of the concerned towns.”
Garcia said that the study was made possible in the wake of the new investments of around P100 billion at the SMBA in just the first seven months of this year.