Korean firm, BCDA ink Tarlac build deal

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Korean firm, BCDA ink Tarlac build deal

//business-finance.news-articles.net/content/202 .. 3/30/korean-firm-bcda-ink-tarlac-build-deal.html

Published in Business and Finance on Sunday, March 30th 2025 at 13:00 GMT by BusinessMirror
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

South Korean-led investment firm Hann Philippines Inc. (HPI) and its corporate social responsibility arm Hann Foundation Inc. (HFI) are set to establish a P5-million multi-purpose pavilion within the 10-hectare Ayta Ethno Botanical Center (AEBC) in New Clark City,

The article from BusinessMirror discusses a significant infrastructure development deal signed between the Bases Conversion and Development Authority (BCDA) and a Korean firm, Korea Overseas Infrastructure and Urban Development Corporation (KIND), for the construction of a 100-hectare industrial park in Tarlac City. This project, named the Tarlac Eco Industrial Park, aims to boost economic growth in the region by attracting investments and creating job opportunities. The agreement was formalized through a memorandum of understanding (MOU) signed on March 30, 2025, which outlines the development of industrial, commercial, and residential areas. The initiative is part of a broader strategy to transform former military bases into economic zones, enhancing the Philippines' appeal as an investment destination. The project is expected to leverage Tarlac's strategic location, being close to major transport networks, to facilitate logistics and trade.

Read the Full BusinessMirror Article at:
[ https://businessmirror.com.ph/2025/03/31/korean-firm-bcda-ink-tarlac-build-deal/ ]

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