BCDA, Japanese firms ink deal on Clark Green City dev't

The Bases Conversion and Development Authority (BCDA) on Wednesday signed a memorandum of understanding (MOU) with Japanese companies on developing key features of the Clark Green City project.

The signing ceremony was part of President Rodrigo Duterte’s three-day official visit to Japan.

In an emailed statement, the BCDA said the partnership deal gives Hitachi Asia Ltd. and The Power Grid Solution Ltd. the authority to make a feasibility study for Clark Green City.

The study is "specifically for establishing an energy management system, an energy storage system, a district cooling system, and a total energy network system through the establishment of a private utility company."

The study costs approximately P10 million and are expected to be finished within six months.
 
"The partnerships with the Japanese companies underscore the continuing ties between the Philippines and Japan," the BCDA said.

"BCDA also sees the partnerships as further bolstering the current administration’s vision to sustain the country’s growth through more infrastructure and economic projects," it said.

The MOU came on the heels of similar partnership deals on infrastructure development with various Chinese companies during Duterte’s state visit to China.

The BCDA said it signed and MOUs with China Road and Bridge Corp. and China Harbour Engineering Company Ltd. for feasibility studies on the Subic Clark Railway project and the Fort Bonifacio-to-NAIA Bus Rapid Transit (BRT) system. — Ted Cordero/VDS, GMA News