Global Gateway Development Corp., a company backed by Kuwaiti investors, plans to generate at least 300,000 jobs over the next 10 years in Clark Freeport Zone, as it started the construction of AeroPark Campus as a part of the 177-hectare Global Gateway Logistics City.
GGDC chief executive Mark Williams said GGLC would consist of a town center, business park, logistics park and the AeroPark Campus. Quadrant 1, the first phase of AeroPark Campus, will involve the construction of office buildings with a combined floor area of 142,000 square meters, as well as retail establishments worth a total of $150 million. GGDC is the local operating unit of KGL Investment Company of Kuwait.
Global Gateway Development Corp., a company backed by Kuwaiti investors, breaks ground for The AeroPark Campus as a part of its 177-hectare Global Gateway Logistics City in Clark Freeport. Shown during the groundbreaking ceremony are (from third left) GGDC president Michael Russell, Clark International Airport Corp. president and chief executive Emigdio Tanjuatco III, Angeles City Mayor Edgardo Pamintuan, Kuwait Ambassador Waleed Ahmad Al-Kandari, Pampanga Governor Lilia Pineda and GGDC chief executive Mark Williams. With them are officials of various companies involved in the development of the AeroPark Campus that will feature 142,000 square meters of retail and office space. RENDY ISIP
“Imagine, there will be over 300,000 empowered consumers who will inject their income back into this regional economy, creating an ever growing dynamic cycle of growth and prosperity. This land will also house over 5.8 million square meters of perimeter office and logistics space along with supporting retail, hotel and residential properties,” Williams said.
“Above all, it will reinforce the status of Central Luzon as an emerging economic hotspot in both the Philippines and in Asia,” he said.
GGDC president Micheal Russell said the project was designed for optimal fit-out for office and business processing outsourcing clients. “Additionally, each building has two floors of retail to service tenants, nearby locators and the local community.
Building redundancy/resiliency measures will include: the use of N+1 backup power utilizing prime generators and onsite storage of fuel, gas and water to operate continuously for several days,” Russell said.
He said construction of Quadrant 1 would begin by mid-November and was expected to be finished by May 2017. The AeroPark Campus will occupy 27 hectares of land at the GGLC area, located beside the world-class The Medical City Clark, which was also developed by GGDC.
Russel said GGDC tapped leading architectural and engineering firms as well as consultancies and leading contractors to design and build the project. “Clark Freeport Zone is now recognized as one of the top 100 outsourcing destinations in the world, and it is a great honor to serve the Filipinos by building this multi-million project,” Russell said.
Clark International Airport Corp. president and chief executive Emigdio Tanjuatco III said the project “is a welcome development for Clark as it is expected to create job opportunities as well as to attract more investors that will benefit the development of Clark Airport.”
The GGLC area is within the jurisdiction of the Clark International Airport Corp. that manages the operation of the Clark International Airport.