PEZA, BCDA Showcase Investment Opportunities in New Clark City

The Philippine Economic Zone Authority (PEZA) and the Bases Conversion and Development Authority (BCDA) launched a joint investment briefing to promote opportunities in New Clark City (NCC), which officials described as a sustainable and smart metropolis as well as a strategic hub for future developments.

Government officials presented investment opportunities in New Clark City during a joint PEZA-BCDA briefing for prospective locators. (Photo: Philippine Economic Zone Authority Facebook)

The event gathered government officials, industry leaders and prospective investors to explore opportunities within the 9,450-hectare New Clark City complex, located within the Clark Freeport and Special Economic Zone in the municipalities of Capas and Bamban, Tarlac.

“With New Clark City’s strategic location within the Luzon Economic Corridor, world-class infrastructure and future-ready ecosystem, we are opening more opportunities for global investors seeking sustainable and high-growth locations in the region,” said Tereso Panga, director general of PEZA.

For his part, BCDA President and CEO Joshua Bingcang said the agency is committed to providing investors with “world-class infrastructure, efficient government support and a competitive ecosystem for business expansion.”

Both officials said the collaboration aims to create a more seamless end-to-end process for investors, from site selection to operations.

They added that opening NCC to high-value strategic investments could generate more investments and employment opportunities for Filipinos.

Officials also highlighted NCC’s strategic access to major transport networks, including Clark International Airport, Subic Bay and key expressways, positioning the city as a gateway for trade, logistics, advanced manufacturing and technology-driven industries.

Panga said that, as of December 2025, there were five PEZA-registered economic zones within Clark, hosting 24 locator companies with cumulative investments exceeding PHP62 billion and generating employment for more than 29,000 Filipinos.

PEZA and BCDA added that local and global value chains in the corridor could support the Philippines’ participation in the U.S.-led Pax Silica program and the broader Luzon Economic Corridor initiative.