Connect with us

Hi, what are you looking for?


DA, BCDA to establish P285-M agri-industrial site in New Clark City

THE Agriculture department and the Bases Conversion and Development Authority (BCDA) recently signed an agreement covering the development of the first agri-industrial zone at New Clark City in Tarlac.

In a statement on Sunday, Agriculture Secretary William D. Dar said the project has been allocated initial funding of P285 million. It will be known as the New Clark City Agro-Industrial Business Corridor and National Seed Technology Park.

“We envision the seed technology park to be the core base for the country’s modern crop industry, one that will take us one step towards industrialization and modernization of the agriculture industry,” Mr. Dar said.

“The historic project, when properly planned, supported, and funded, would make it possible for the agriculture sector to unleash its potential as a major pillar of the Philippine economy,” he added.

BCDA President and CEO Vivencio B. Dizon said the agri-industrial project is targeted for completion by 2022.

“The agro-industrial business corridor is critical not just for Clark, but also for the entire country for agricultural sustainability and resiliency,” Mr. Dizon said.

According to the Department of Agriculture (DA), the agri-industrial zone will be located on 50 hectares at New Clark City.

The first phase of the project will be operated by the DA and will cover a seven-hectare portion of the property.

It will include the establishment of the seed technology park components such as the seed laboratory, incubation hubs, machinery shed, soil and water chemistry laboratory, and other support facilities.

Meanwhile, the project’s second phase will be developed by the BCDA and will cover the remaining 43 hectares of the site.

It will involve the commercial components for agribusiness activities such as downstream and upstream linkages in the agricultural value chain.

“The lessons of the pandemic singled out the agriculture sector as a driver of economic recovery. The sector will not only produce food and better incomes for farmers, it will also generate employment and spark entrepreneurship in the most sustainable and inclusive ways possible,” Mr. Dar said.

In July, the DA also evaluated Taguig City as another potential agri-industrial site, with its location near Laguna de Bay envisioned as a landing spot for produce grown in Rizal and Laguna, to the east and south of Metro Manila. — Revin Mikhael D. Ochave

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!



By Diego Gabriel C. Robles THE Philippine economy expanded by 7.4% in the second quarter — slower than expected — as rising inflation weighed...


By Abigail Marie P. Yraola, Researcher THE Philippines’ merchandise trade deficit hit another record in June as imports continued to outpace exports despite a...


THE National Government’s (NG) outstanding debt as a share of the gross domestic product (GDP) eased to 62.1% at the end of June. Data...


By Keisha B. Ta-asan SOURED LOANS held by Philippine banks fell for a fourth straight month in June, bringing the nonperforming loan (NPL) ratio...


Smart says third telco player’s PCC complaint meant to avoid liability By Arjay L. Balinbin, Senior Reporter GLOBE Telecom, Inc. on Tuesday said it...


DMCI Holdings, Inc. reported on Tuesday that its second-quarter consolidated net income went up by 73% to P9.03 billion from P5.23 billion, driven by...

You May Also Like


Having a good Instagram marketing agency to back up your Instagram account is an absolute must going into the new year. With competition stronger...


Ivermectin, an existing drug against parasites including head lice, has had a checkered history when it comes to treating COVID-19. The bulk of studies...


Insomnia is the most common sleep disorder in the global population. Therefore, it is a problem that many people suffer or have suffered throughout...


Instagram still holds the top spot for social media in terms of building brand reputation and expanding business potential. Every day, more and more...

Disclaimer:, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 SmartRetirementReport. All Rights Reserved.