More than 40 Hawaii-based Filipino entrepreneurs are exploring investment opportunities in New Clark City and Clark Freeport Zone in Central Luzon, state-run Bases Conversion and Development Authority said Thursday.
Prospective investors through the Filipino Chamber of Commerce of Hawaii toured the complex as part of the group’s 30th goodwill and trade mission to the Philippines.
“This trade mission is an important initiative that will allow our industry leaders to explore the various investment opportunities in Clark and the Philippines. We fervently hope that this will also stimulate more interest, meaningful collaboration, and stronger ties with our business sectors from across the globe,” said CDC vice president for business development and business enhancement Rynah Ventura.
She also sought FCCH’s support in generating more interest in Clark.
The trade mission positioned Clark and Central Luzon as prime investment destinations for the Filipino business community in Hawaii.
BCDA president and chief executive Aileen Zosa urged the delegation to consider investing in New Clark City as an investment growth area in the Philippines.
“We encourage you to take a look at New Clark City, which is envisioned to be the country’s next smart, sustainable and green metropolis. Partner with us and be a part of this city’s growth story,” Zosa said.
Established in 1954, FCCH aims to empower the Filipino business community in Hawaii by fostering trade and investment opportunities. Filipinos make up one of the largest minority groups in Hawaii.
FCCH conducted its first goodwill and trade mission to the Philippines in 1963 with the purpose of improving the relationship between Hawaii and the Philippines.