• By The Financial District

BANGKO SENTRAL TO BUILD ECO-FRIENDLY COMPLEX IN CLARK

Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno is looking at further boosting the central bank’s delivery of its mandate once it opens a facility in Central Luzon.

In his speech during the signing of the lease contract between the BSP and the Bases Conversion and Development Authority (BCDA) Wednesday, Diokno said the facility will be built on a 313,171- square-meter land within the New Clark City-National Government Administrative Center in Capas, Tarlac.


The facility is convenient through the access road from the Subic-Clark-Tarlac Expressway (SCTEX)-New Clark City.


“With this contract, the BSP and BCDA affirm its shared commitment to promote efficient and effective governance by supporting the government’s infrastructure program to decongest the National Capital Region and decentralize the delivery of public services,” he said.


Under the contract, BSP will lease the space for 50 years, with an option to extend it by 25 years.


The facility will include a new plant complex for the production and distribution of currency and the printing of the national identification (ID) cards and land title certificates; administrative offices and administration buildings; a new BSP museum; employees’ wellness areas; and other support structures.


Diokno said the signing of the lease contract allows central bank authorities to procure the architectural and engineering design and the eventual construction of the eco-friendly facilities.


To date, the BSP’s currency printing and minting facility is in its Security Plant Complex (SPC) along East Avenue in Quezon City.



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