Tuesday, March 12, 2019

New Clark City Filinvest GAIA

Filinvest GAIA (288-hectare development) is located in Capas, Tarlac and within the New Clark City. It is situated strategically besides the National Government Administrative Center and the New Clark City Sports Complex.

Located in Central Luzon and has global connectivity through local and international routes - including NLEX, SCTEX, Clark International Airport, and Subic International Freeport. Surrounded by scenic mountain views, New Clark City is poised to be an eco-friendly, world-class metropolis.

Planned uses within GAIA are the following:
  • Industrial
  • Residential
  • Commercial Mixed-Use
  • Office Mixed-Use
  • Institutional
The development can be accessed through NLEX-SCTEX (Dolores Exit), then continue on MacArthur Highway. From Alabang it's estimated to take 2 hours and 50 minutes (from Manila it's 2 hours and 10 minutes). From Clark International Airport it's about a 1-hour travel (30 kilometres away).



Broadway Malyan was the master planner. The timeline for development is divided into phases (the industrial zone is the first phase, it's targeted to be operational by end of 2019).

100 hectares of GAIA is for industrial use (with 50 hectares for Phase 1 of the development). Permitted uses of the industrial zone (subject to review and approval):
  • Light manufacturing
  • Logistics, storage, and warehousing
  • Cold storage
  • Food processing

About power and electricity, the joint venture company of BCDA and Meralco-led consortium will take care of the power distribution. About water, it's the joint venture company of BCDA and Prime Water Infrastructure Corporation-led consortium.

About the developers:
In 2016, Filinvest Land, Inc. (FLI) and the Bases Conversion and Development Authority (BCDA) signed a joint venture agreement to develop the 288-hectare property within New Clark City.

FLI is one of the leading real estate developers in the Philippines. With more than 40 years of experience in the industry, FLI has developed more than 2,400 hectares of land and provided home for over 150,000 families over 150 projects located in 48 cities and municipalities nationwide.

BCDA is a development corporation vested with the corporate powers under Republic Act 7227 in 1992. BCDA engages in public-private partnerships to push forward vital public infrastructure asuch as tollways, airports, seaports, and also major real estate developments. It has successfully developed economic districts - Bonifacio Global City in Taguig and Newport City in Villamor Air Base - and vital infrastructure - Subic-Clark-Tarlac Expressway.