17/05/2024

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DOT positions New Clark City as premier tourism investment hub

3 min read
DOT positions New Clark City as premier tourism investment hub

Workforce Out of City Hub (www.OutofTownBlog.com) – The Department of Tourism (DOT) is rooting on the advancement of the Clark Freeport Zone (CFZ) and the New Clark Metropolis in purchase to even more boost the recovery of the country’s tourism marketplace.

All through the initially Central Luzon Tourism Financial investment Summit and Business Exchange (CLTISBEX) Hybrid Edition held recently at Hilton Clark Sun Valley Vacation resort, the DOT, in collaboration with the Tourism Promotions Board (TPB) and the Subic-Clark Alliance for Improvement (SCAD), showcased how CFZ and the New Clark Town may be positioned as premier tourism hubs, Clark as a modern day sustainable aerotropolis and a most popular MICE (Meetings, Incentives, Conferences, Exhibits) spot and the New Clark City as an excellent vacation spot for Athletics Tourism in the Asia-Pacific Region.

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 as a result of the assist of the personal sector, the intention is to transform the CFZ into a desired business enterprise and tourism place in the Asia Pacific region and empower traders to obtain very long-expression financial returns

DOT 3 Regional Director Caroline Uy, said, “through the assist of the private sector, the purpose is to rework the Clark Freeport Zone into a desired business and tourism spot in the Asia Pacific area and enable investors to come across extended-time period financial returns.”

Clark is strategically located in Pampanga exactly where it could be conveniently accessed by the Philippines’ major international tourist marketplaces like China, HongKong SAR, Singapore, South Korea, and Japan.

New Clark City
New Clark City

There were a total of 35 overseas and community 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 party concluded with a complete of P127 million financial commitment sales opportunities, mostly produced during the Small business-to-Small business (B2B) meetings amongst 77 buyers and sellers.

As of December 31, 2021, Clark is now dwelling to some 1,153 corporations which are also referred to as locators. These business ventures delivered prospects to a overall of 121,341 gurus and staff inside of the Freeport zone which at first employed only 20,000 personnel at the time of its opening.

Clark Freeport Zone
Clark Freeport Zone

In terms of exports, CFZ has since created a overall export of $5.40 billion with a full investment decision of P265 billion.

Adhering to the current opening of Clark Intercontinental Airport’s new passenger terminal, Puyat claimed this will create more gains for the field, in particular now that the DOT is also positioning Clark as a MICE-location.

Uy exclusively pointed out that as a MICE location, CFZ offers 80 convention/conference halls, 3,648 hotel rooms, 126 eating facilities, and 45 tourism points of interest these as Clark Safari, Clark Bike Path, Clark Museum and Theater, Aqua Earth, Clark Worldwide Speedway, and Dinosaurs Island.

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