NEW YEAR — What was once America’s largest overseas military base in the Philippines is now a commercialized global city.
The former 230-square-mile Clark Air Base has been turned into Clark Freeport Zone, in Pampanga, Philippines, and is home to a futuristic, Clark Global City — a 177-hectare property bustling with commercial and residential opportunities just 50 miles north of Manila.
With world-class quality infrastructure, Clark Global City is touted to be a better alternative for Filipino-Americans and expats planning to invest or retire in the Philippines.
“We’ll be developing in the next three years, our target is in the next three years, you will find, you will see a retirement village inside the commercial area of Clark,” said chairman Dr. Ireneo “Bong” Alvaro.
From casinos, restaurants, shopping malls to modern hospitals, this planned retirement community is a self-contained city with all the amenities.
Philippine trade and investment head Nic Bautista says the Clark Freeport Zone is also ideal for those looking to invest their money, especially in food production.
These are support services especially for silver towns or retirement communities.
What’s more, the Philippines offers reduced labor costs compared to the U.S., where many companies have suffered.
Filipino-Americans planning to invest or retire in this modern community could be assured of fast connectivity.
“We’re talking about fast train connection, from the capital in metro Manila, all the way to Clark and Clark international airport, and we’re also talking about connectivity within Clark – our properties will have ultra-fast and affordable internet.”
Clark Freeport Zone will also be the site of word class sports facilities, and is constructed to host the next Southeast Asian Games.