DOT positions New Clark City as premier tourism investment hub

DOT positions New Clark City as premier tourism investment hub

Workforce Out of Town Hub (www.OutofTownBlog.com) – The Department of Tourism (DOT) is rooting on the progress of the Clark Freeport Zone (CFZ) and the New Clark Town in get to additional strengthen the recovery of the country’s tourism marketplace.

Throughout the to start with Central Luzon Tourism Investment Summit and Business enterprise Exchange (CLTISBEX) Hybrid Edition held not too long ago at Hilton Clark Sunlight Valley Resort, the DOT, in collaboration with the Tourism Promotions Board (TPB) and the Subic-Clark Alliance for Progress (SCAD), showcased how CFZ and the New Clark Metropolis may well be positioned as leading tourism hubs, Clark as a modern day sustainable aerotropolis and a most well-liked MICE (Meetings, Incentives, Conferences, Exhibits) destination and the New Clark Town as an best place for Sports activities Tourism in the Asia-Pacific Area.

DOT 3 Regional Director Caroline Uy in her opening remarks said that through the help of the private sector, the goal is to transform the CFZ into a preferred business and tourism destination in the Asia Pacific region and enable investors to find long-term economic returns
DOT 3 Regional Director Caroline Uy in her opening remarks claimed that by means of the help of the private sector, the objective is to completely transform the CFZ into a preferred company and tourism vacation spot in the Asia Pacific area and help buyers to discover extensive-time period financial returns

DOT 3 Regional Director Caroline Uy, stated, “through the assistance of the non-public sector, the target is to renovate the Clark Freeport Zone into a chosen small business and tourism destination in the Asia Pacific location and enable traders to uncover prolonged-phrase economic returns.”

Clark is strategically situated in Pampanga the place it could be simply accessed by the Philippines’ major overseas vacationer marketplaces like China, HongKong SAR, Singapore, South Korea, and Japan.

New Clark City
New Clark Town

There had been a full of 35 foreign and regional traders from the Philippines (5), China (25), Singapore (2), Japan (1), Taiwan (1), and the United Arab Emirates (1) that participated in the summit.

The function concluded with a whole of P127 million investment decision potential customers, mostly generated for the duration of the Business-to-Small business (B2B) conferences among the 77 potential buyers and sellers.

As of December 31, 2021, Clark is by now house to some 1,153 corporations which are also referred to as locators. These organization ventures offered options to a total of 121,341 experts and workers inside of the Freeport zone which initially utilized only 20,000 employees at the time of its opening.

Clark Freeport Zone
Clark Freeport Zone

In terms of exports, CFZ has considering the fact that created a total export of $5.40 billion with a whole financial investment of P265 billion.

Next the the latest opening of Clark Global Airport’s new passenger terminal, Puyat explained this will create extra gains for the market, particularly now that the DOT is also positioning Clark as a MICE-destination.

Uy specifically noted that as a MICE location, CFZ presents 80 conference/assembly halls, 3,648 hotel rooms, 126 eating amenities, and 45 tourism attractions this kind of as Clark Safari, Clark Bike Path, Clark Museum and Theater, Aqua Earth, Clark Worldwide Speedway, and Dinosaurs Island.

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