Subic-Clark-Tarlac Expressway to make RP among Asia's best logistics hub
The completion of the Subic-Clark-Tarlac Expressway in Central Luzon, which is expected to be finished by November 2007, will soon make the Philippines among Asia’s best logistics hub.
Secretary Eduardo Pamintuan, chair of the Subic Clark Alliance for Development Council, said once the facilities in the economic corridor are completed, massive investments will start pouring in.
The P21-billion project will put in place all enabling components of the so-called “logistics hub” as part of the Luzon Urban Beltway super regions' blueprint of President Gloria Macapagal Arroyo.
“Upon completion of this project, we expect massive investments both local and foreign to put up business in this part of Luzon… thus it will generate jobs for local residents,” Pamintuan said at a press conference.
As designed, the expressway will link a deep water port in Subic, with Diosdado Macapagal International Airport, one of the Philippines' finest airports, which is located at Clarkfield in Pampanga.
The project has two phases: Package 1, the stretch of highway from Subic to Clark via Dinalupihan, Bataan; Lubao, Floridablanca, Porac and Angeles City in Pampanga, while Package 2 would link Subic to Tarlac City by way of Mabalacat, Pampanga as well as Bamban and Concepcion towns in Tarlac.
He added that the logistics hub could become a modern and efficient marketing venue for Philippine products since both Subic and Clark Field, both former US military bases, have high-quality infrastructure and can offer opportunity to logistical synergy.
“In five years, we can compete with all the other logistics hub in Asia… what sets us apart is that we are strategically located in this region,” Pamintuan said.
On the other hand, Subic Bay Metropolitan Authority administrator Armand Arreza said they are expecting millions of pesos worth of projects within the Subic area for 2007.
“Various investments such as the biggest call center in India will put up business in Subic, and there will also be new resorts and hotels,” Arreza said.
The Subic-Clark-Tarlac Expressway’s Phase 1 of construction was started on April 21, 2005 and will be completed by August 2007 while Package 2 will be completed three months later.
Pamintuan said the expressway is expected to be inaugurated by December 2007. (PNA)
Secretary Eduardo Pamintuan, chair of the Subic Clark Alliance for Development Council, said once the facilities in the economic corridor are completed, massive investments will start pouring in.
The P21-billion project will put in place all enabling components of the so-called “logistics hub” as part of the Luzon Urban Beltway super regions' blueprint of President Gloria Macapagal Arroyo.
“Upon completion of this project, we expect massive investments both local and foreign to put up business in this part of Luzon… thus it will generate jobs for local residents,” Pamintuan said at a press conference.
As designed, the expressway will link a deep water port in Subic, with Diosdado Macapagal International Airport, one of the Philippines' finest airports, which is located at Clarkfield in Pampanga.
The project has two phases: Package 1, the stretch of highway from Subic to Clark via Dinalupihan, Bataan; Lubao, Floridablanca, Porac and Angeles City in Pampanga, while Package 2 would link Subic to Tarlac City by way of Mabalacat, Pampanga as well as Bamban and Concepcion towns in Tarlac.
He added that the logistics hub could become a modern and efficient marketing venue for Philippine products since both Subic and Clark Field, both former US military bases, have high-quality infrastructure and can offer opportunity to logistical synergy.
“In five years, we can compete with all the other logistics hub in Asia… what sets us apart is that we are strategically located in this region,” Pamintuan said.
On the other hand, Subic Bay Metropolitan Authority administrator Armand Arreza said they are expecting millions of pesos worth of projects within the Subic area for 2007.
“Various investments such as the biggest call center in India will put up business in Subic, and there will also be new resorts and hotels,” Arreza said.
The Subic-Clark-Tarlac Expressway’s Phase 1 of construction was started on April 21, 2005 and will be completed by August 2007 while Package 2 will be completed three months later.
Pamintuan said the expressway is expected to be inaugurated by December 2007. (PNA)
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