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The Bases Conversion and Development Authority (BCDA) on Wednesday said it has formalized a partnership with the National Development Company (NDC) to tap the latter’s expertise in financing and implementing high-impact projects in New Clark City.
BCDA president and chief executive officer Joshua Bingcang and NDC general manager Antonilo DC Mauricio signed a memorandum of understanding (MOU) creating a collaborative framework for the urban development of New Clark City last November 4.
“We thank the NDC for readily offering to share with BCDA its knowledge and expertise in financing and implementing projects, particularly in urban expansion, industrial development, and energy, among others,” Bingcang said in a statement.
