NEWS

Clark Global City and Megawide Break Ground for New CBD in Central Luzon

Nov 19, 2019

CLARK GLOBAL CITY, PAMPANGA - Leading the groundbreaking ceremony are Udenna Land Chairman and CEO, Dennis A. Uy (4th from right), GGDC Vice Chairman and President, Wilfredo Placino (3rd from right), Megawide Chairman, Edgar Saavedra (4th from left), joined by (L-R): Deo Custodio, GGDC Chief Legal Director; Glenson Lim, Udenna Land, Inc. Chief Development Officer; Evangeline Tejada, Clark Development Corp. VP for Business Development and Enhancement; Vitaliano Sabalo Jr., Schema Consult, Inc. Chairman; and Darwin Cunanan, Clark International Airport Corp. AVP for Strategic Development and Corporate Management.

19 NOVEMBER 2019 - Udenna Land’s Global Gateway Development Corp. (GGDC) held a groundbreaking with Megawide Construction Corporation (Megawide) for Clark Global City (CGC), a 177-hectare master-planned, mixed-use development located in the heart of Central Luzon. 


Udenna Land Chairman and CEO, Dennis A. Uy, GGDC Vice Chairman and President, Wilfredo Placino, and Megawide Chairman, Edgar Saavedra, together with Clark Freeport officials and the existing real estate developers of CGC (SM Group, Century Properties, DataLand, W Group, Suyen), led the groundbreaking ceremony in Clark Global City, Pampanga.


Earlier this year, Megawide, one of the leading engineering and infrastructure conglomerates in the country with construction projects in residential, commercial and mixed-use segments, was tapped as its general contractor. 



“Bold and audacious projects such as CGC can only be done by partnering with people who not only share the same vision but are also equipped with topnotch execution skills. We are honored to work shoulder to shoulder with Megawide to transform 177 hectares of land into a thriving business center and community,” shared Udenna Land Chairman Dennis Uy.



Megawide Chairman Edgar Saavedra and Udenna Land Chairman and CEO, Dennis A. Uy at the groundbreaking ceremony. 


After taking over the property in 2017, GGDC now holds the lease rights for CGC until 2085. To fast-track the development of this modern metropolis with its 22-month timeline target, GGDC has been partnering with several locators that share the same vision of building this generation’s center of commerce, culture, entertainment and leisure. 


CGC complements government efforts to spread growth across the country through its Build, Build, Build program. It is a strategic project bound to benefit not just Central Luzon but the country as a whole, expected to  decongest Metro Manila, provide opportunities to northern locals, and spur economic growth. Furthermore, its proximity to major thoroughfares and international gateways, and access to a young and highly skilled talent pool make it a suitable place for business, life, and innovation, and a go-to destination for investors.


“Megawide is proud to be working with Udenna and GGDC as contractor for the site development of Clark Global City. We're excited to be working on such a transformative project not just for Clark but for Central Luzon. We thank Udenna and GGDC for giving us the opportunity to help engineer a first-world Clark and a first-world Philippines together”, Megawide Chairman Saavedra said.




L-R: Bryan Lim, Suyen Corp. VP Business Development; Norman Wee, W Group President; Dennis A Uy, Udenna Land Chairman and CEO; Edgar Saavedra, Megawide Chairman; PJ Garcia, Leechiu Management, Inc. CEO; and Wilfredo Placino,  GGDC Vice Chairman and President.




(L-R) PJ Garcia, Leechiu Management, Inc. CEO; Norman Wee, W Group President; Edgar Saavedra, Megawide Chairman; Dennis A Uy, Udenna Land Chairman and CEO; and Bryan Lim, Suyen Corp. VP Business Development.


At present, 47 of the 177 hectare estate has been developed with world-class, disaster-ready horizontal infrastructure, 50-year storm water drainage systems, state-of-the-art sewer system, an underground infrastructure network,  and eight-road lanes with bike lanes and 50 meters of right-of-way priority. Megawide commits to construct 12 km of roads and fully develop the remaining balance of infrastructure in 22 months.


After only a year of operations under new management, GGDC has subleased over 32 hectares of land to 17 top-tier real estate developers, fully leased out West Aeropark and hosted over 15 major events including the sought after Hot Air Balloon Festival in Clark, Pampanga,” GGDC President Placino said in remarks delivered during the groundbreaking ceremony. He closed his remarks by addressing the existing developers of CGC, “This is really an exciting time for all our stakeholders, which is why we invite all of you to be part of this strong growth momentum. Do not be left out. Start your developments. Help us make Clark Global City a city that we can all be proud of.


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About Udenna Land


Udenna Land is the property and development arm of the Udenna Group, and is fast becoming the Philippines' leading property company of choice for businesses and communities.


With 356 hectares in the high growth areas of Pampanga, Mega Manila, Batangas, and Davao, its developments include Clark Global City, a 177 hectare property in the Clark Freeport Zone in Pampanga; Calaca Industrial Sea Port, a 108 hectare property and the country’s only industrial park with its own seaport facility located in Calaca, Batangas; and The UDENNA Tower, a prime commercial location in Bonifacio Global City, where the Udenna Group's headquarters is located.


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