The Philippine Economic Zone Authority (PEZA), in collaboration with Singapore-based Sembcorp Industries Ltd. and HSBC Philippines, recently conducted a high-level site visit to New Clark City (NCC). The engagement, hosted in coordination with the Bases Conversion and Development Authority (BCDA), marks a significant step in exploring potential large-scale industrial investments in the Philippines.
This site visit builds upon ongoing discussions initiated during PEZA’s recent investment mission to Singapore. The talks center on Sembcorp’s interest in developing world-class industrial parks in the Philippines, leveraging its extensive expertise in urban solutions and its successful track record in establishing the Vietnam Singapore Industrial Parks (VSIP).
A Strategic Partnership for Growth: The initiative is bolstered by the ongoing strategic partnership between PEZA and HSBC Philippines. Building on the success of previous collaborative investment missions—including recent efforts to attract Indian investors—this alliance utilizes HSBC’s global network, deep market insight, and financial advisory capabilities.
Together, the partners aim to streamline the entry of international investors, particularly those focused on manufacturing, infrastructure, and sustainable industrial development.
“Our collaboration with HSBC Philippines is instrumental in our efforts to position the country as a premier destination for global capital,” said a spokesperson for PEZA. “By combining PEZA’s ecozone management expertise, BCDA’s world-class infrastructure, and HSBC’s financial advisory, we are creating a robust ecosystem for high-impact, sustainable investment.”
New Clark City: A Hub for Future Industry. Strategically located within the Luzon Economic Corridor (LEC)—a region that hosts the majority of PEZA-managed ecozones—New Clark City is increasingly recognized as a vital pillar for national economic growth. With its modern infrastructure and master-planned design, NCC offers a competitive environment for businesses looking to establish or expand their regional presence.
Sembcorp Industries Ltd., a global leader in sustainable energy and urban solutions, views the Philippine market as a key area for potential expansion. The synergy between these organizations aims to foster economic resilience and drive long-term industrial modernization in the country.
The visit underscores a shared commitment to strengthening the Philippines’ investment pipeline and enhancing the nation’s status as a top-tier destination for sustainable development and industrial excellence.
