LANDBANK, NGCC in talks to finance gov’t offices in New Clark City

The Land Bank of the Philippines (LANDBANK) and the New Clark Government Center Corporation (NGCC) are exploring potential collaboration initiatives for the construction of new government buildings in the New Clark City in Capas, Tarlac, in support of the National Government’s plan to decongest Metro Manila.

In a courtesy visit on 14 November 2022, NGCC President Patrick Nicholas P. David met with LANDBANK President and CEO Cecilia C. Borromeo to seek the state-run Bank’s support in financing the MTD Group’s upcoming projects, which include the New Modernization Building project of the National Bureau of Investigation (NBI).

Also present during the meeting were NGCC Finance Officer Adolfo A. Goyala, and LANDBANK Senior Vice Presidents Ma. Celeste A. Burgos and Lucila E. Tesorero.

LANDBANK has been supporting the MTD Group’s infrastructure projects in Central Luzon since 2015, with the construction of the Palayan Government Center and Business Hub in Nueva Ecija, and the Bataan Government Center and Central Business Hub in Bataan.

MTD Group’s project in Nueva Ecija is comprised of a five-story government building for national and regional government offices, two six-story buildings for Business Process Outsourcing (BPO) with private offices and commercial areas, and a six-story building for a business hotel with adjoining two-story commercial and retail complex.

Meanwhile, the project in Bataan serves as a one-stop shop for various government services, providing greater convenience to the constituents of the province.

It houses various provincial and national offices, including the Provincial Government of Bataan, the City Government of Balanga, the Department of Science and Technology (DOST), Department of Trade and Industry (DTI), Department of Environment and Natural Resources (DENR), and the LANDBANK Bataan Capitol Branch Lite, Lending Center and other field units.