GMA guest at groundbreaking rites of logistics park in Clark
Benigno Ricafort, president of Clark Development Corp. (CDC), said at the same time, Arroyo will also lay down the time capsule at a predetermined area within the venue to formally start the construction of the GGLC.
Ricafort said earlier, the President witnessed on April 4 the forging of the memorandum of agreement entered into by the
The MOA called for the establishment of a logistics park in the world-class Diosdado Macapagal International Airport (DMIA) Civil Aviation Complex.
The CDC president said the first stage of the development of GGLC project will cost $25 million, that will build roads and install street lights, fencing, landscaping, sidewalk, utilities and access points. With the second stage, GGLC will develop over a period of seven years the main facilities and buildings which will cost $1 billion.
Ricafort said once completed, the GGLC will provide logistics-dependent businesses with warehouses, distribution, multi-nodal logistics, and light manufacturing services alongside complementary business operations and facilities to support aviation-related activities within the DMIA’s Civil Aviation Complex.
He said the project will generate some 35,000 new jobs and spur economic progress in Pampanga and the outlying regions by providing other sources of livelihood to its citizens. – With Ding Cervantes
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