The state-owned
Bases Conversion and Development Authority (BCDA) said a top US-based
business school it had signed an agreement with has completed the
comprehensive blueprint that outlines the strategies and tactics in
marketing the country’s planned first and only smart and green
metropolis called Clark Green City making it the center for innovation,
sustainability and inclusive growth for its residents, partners and the
world.
BCDA President and CEO Arnel Paciano D.
Casanova said the Stephen M. Ross School of Business of the University
of Michigan formulated the Strategic Marketing Development Plan that
complements the Master Development Plan of the Clark Green City. He said
the Strategic Marketing Development Plan was presented to the BCDA last
December 17, 2013.
“We are happy to have partnered with
the Stephen M. Ross School of Business, being perhaps the world’s top
business school, which delivered a top notch global strategic marketing
development plan for the Clark Green City,” Casanova said. He added that
the plan will undoubtedly redound to the ability of BCDA to
successfully market Clark Green City in a global scale.
He added that team from the Stephen M.
Ross School of Business, lead by Dr. Andrew Lawlor, was in the country
last October to undertake meetings, data collection and other
preparatory activities for the study.
According to Casanova the scope of the
market study undertaken by the Stephen M. Ross Business School team
include, among others, the review of financial and economic assumptions
in the Master Development Plan; a market attractiveness assessment,
sizing analysis and branding formulation; and the five-year Strategic
Marketing Development Plan.
Casanova said the NEDA Infracom, chaired by Socioeconomic Planning Secretary and
NEDA Director-General Arsenio Balisacan
has already endorsed the Clark Green City Master Development Plan to
President Benigno S. Aquino III for final approval.
“Once we get the green light from
President Aquino, we can now implement both the Strategic Marketing Plan
and the Master Development Plan for the Clark Green City,” Casanova
said.
Casanova noted that the University of
Michigan has a long standing relationship with the Philippines in terms
of developing the country’s educational system. He explained that
graduates from the University of Michigan composed a large number of the
first American teachers or Thomasites who taught and chartered the
course of the Philippine educational system.
He said that no less that the founder of
the University of the Philippines College of Law, Justice George A.
Malcom was a graduate of the University of Michigan and a lot of known
Filipino leaders are educated there.
“This time, the University of Michigan
and the Stephen M. Ross School of Business has assisted the Philippines
in developing the country’s most modern and intelligent city,” Casanova
said.
According to Casanova, considering that
the greatest asset and competitive advantage of the Philippines is its
young population, the Clark Green City shall serve as the country’s
brain capital as it aims to host the most inquisitive, creative and
innovative minds.
Clark Green City involves the development of some 36,000 hectares of land or approximately half the size of Metro Manila.
At the heart of the 36,000-hectare
property is a 9,450-hectare metropolis. BCDA will start by developing
1,321 hectares for the first phase.
Earlier, Casanova said Clark Green City
is the first project of this magnitude that will be undertaken in the
history of the country. “Not only are we building a new city, we are
building the city for the modern Filipinos, aware of their rich and
diverse history, yet forward looking and global thinking,” he said.
Said Casanova: “We are building a city
not defined by physical space alone but on how this space uplifts the
quality of life of every human being that will live and work there.”
He added that development of the Clark
Green City is expected to contribute in attracting investments,
generating more jobs, boosting the economy and sustaining inclusive
growth.
Casanova said at full development, Clark
Green City would contribute approximately P1.57 trillion per year to
the economy of the country and will generate 925,000 jobs.
The BCDA has extensive experience in
building a city. It is coming from the success of developing the
Bonifacio Global City, the country’s most beautifully planned and
developed city using the best practices around the world. “Compared to
BGC, Clark Green City will be of a much larger scale,” Casanova said.
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