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

New Clark Government Center Corporation (NGCC) President Patrick Nicholas P. David (2 nd from left) pays a courtesy visit to LANDBANK President and CEO Cecilia C. Borromeo (middle) on 14 November 2022 to discuss potential partnerships in support of the upcoming projects of the MTD Group in the New Clark City in Capas, Tarlac.

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.

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