State-owned Bases Conversion and Development Authority (BCDA) and residential and office builder Filinvest Land Inc. (FLI) have sealed a landmark deal to implement the first phase of development of what is expected to be the Philippines’ first smart, green, and disaster-resilient urban district—the Clark Green City (CGC).
Closed in a signing ceremony at the BCDA Corporate Center in Bonifacio Global City in Taguig on Friday, the contract covers a 288-hectare parcel of land of the CGC, a master-planned district measuring a total of 9,450 hectares.
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