Byggboom i Angeles City

[Gulafebern SE]

$1-M promenade project to be established in Clark

CLARK FREEPORT ZONE — A $1-million promenade project will be established here after the signing of an agreement by Clark Development Corp. (CDC) President Levy P. Laus with a local tourism firm at the Holiday Inn Clark recently.

Laus said Global CD&P Corporation, based in Angeles City, will construct the first-of-its-kind project here that will be similar to the classy promenade in the Libis area in Quezon City.

Vilma Chivel Pangilinan, Global CD&P chief executive officer, said the firm would venture into a “modest yet ambitious pro-active business property development” in Clark.

Pangilinan said the proposed project, at the back of the Clark Hostel along M.A. Roxas Highway, will complement the business operations of several business establishments in the tourism area here and would service the needs of their foreign and local clientele.

She said the project in Clark will bring a famous, world-renowned chain of coffee outlets, noted grills and restaurants, spa and massage parlors, fashion shops and video arcades, including the establishment of wireless fidelity (Wi-Fi) connections all over the area.

The project is envisioned to create a convergence of tourists, businessmen, locators, travelers and residents here in one place while trying to enjoy the ambience of Clark not only as an investment destination but a tourist destination as well.

Pangilinan said they chose to invest in Clark because of the increasing number of inbound flights to the Freeport and the connectivity of Clark to Subic and Clark to Tarlac before the end of the year, among other reasons.

The project is scheduled for completion before the first quarter of 2008 in time for the opening of the P21-billion Subic-Clark-Tarlac Expressway (SCTEX).