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.