The Philippine hosting of Asia Pacific Economic Cooperation (APEC) helps fast-track projects of both the government and private sectors including expansion plans of various locators in Clark.
Clark Development Corporation president and chief executive officer Atty. Arthur Tugade said that legacy projects including the Clark Rotunda, Clark Museum, Clark 4D Theatre and Clark Integrated Command Center were to be implemented by 2015.
However, things changed when the National Organizing Committee of APEC finally decided to utilize Clark as a major venue for the Senior Officers Meeting. Tugade sat down with the CDC management committee and board of directors to request for an early implementation of the projects.
He added that Clark locators along with government share a common vision that APEC is good for the Philippines. “Everyone is helping especially the stockholders in helping the government in APEC 2015”.
APEC Senior Officers Meeting started on January 26 to February 7.
Tugade was especially grateful to CDC locators as they advanced the dates of their development plans including the following:
Fontana Leisure Parks, the construction of a convention center to increase the seating capacity from 500 seats to more than 1800 seats; Upgrading of the clubhouse, golf course and acquisition of the state of the art facilities; construction of villas and rooms; and adding 1000 new workers for APEC needs.
For Oxford Hotel, renovations of two floors and face lifting of the building arcade and dedicating the use of the floors for the APEC summit and landscaping of the area.
The Oxford Hotel is committed to Php1 Billion investment in the next five years for the construction of a new hotel, casino and restaurant complex with one-stop commercial complex, and employment of 615 people.
For Widus, a Php2 billion for the construction of Tower 3 with 300 bedroom capacity, investment in clubs, and the putting up of a water theme park. The project will generate employment of 500 additional workers. Widus assigned tower plus 30 additional rooms solely for the APEC delegates
The renovation of the Clark Parade Ground is in its final stages. Once completed, the Php 4.6 millionproject will have a rubberized overlay for the jogging path, renovated park bencher, a shower room for sports participants. The old lamp posts will be replaced and augmented by stadium lights for special sports and tourism events in the evenings.