Establishment of New Clark City
The establishment of New Clark City was officially announced on January 26, 2018, envisioning a new urban center located near Angeles City. Developed by the Bases Conversion and Development Authority (BCDA), this ambitious project aims to create a sustainable, smart city as part of the Philippines' long-term development plan. New Clark City is designed to decongest Metro Manila and promote growth in the Central Luzon region. It features environmentally friendly infrastructure and has sparked interest from various international investors looking for opportunities in the Philippines.