Bases Conversion and Development Authority President and Chief Executive Officer Joshua M. Bingcang gestures during a roundtable discussions at Philippine Daily Inquirer Office, Makati City, June 16, 2026.INQUIRER PHOTO / NIÑO JESUS ORBETA
More than 50 companies, including trillion-dollar tech titans, are keen on investing at the first site tipped to be developed for the United States-led Pax Silica initiative at New Clark City in Pampanga, according to Joshua Bingcang, president and CEO of the Bases Conversion and Development Authority (BCDA).
Bingcang told Inquirer officers, editors and reporters during a roundtable discussion on Tuesday that he would be heading to Washington next week to work on how this planned “economic security zone”—as the United States described it—would be realized.
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A 4,000-acre, or 1,600-hectare, portion of Clark has been identified as the site of various high-tech industries and support businesses that would serve as a hub of the supply chain for artificial intelligence or AI technology.FEATURED STORIES
