CITY OF MALOLOS—Investments in Bulacan today and in the coming few years would reach up to nearly P3-Trillion as the province became the major center of growth and development because of the P745-Billion worth New Manila International Airport and other breakthrough and game-changing projects.
Engr. Randy Po Statistics Division Head of the Bulacan Provincial Planning and Development Office of Bulacan said the P745-Billlion worth New Manila International Airport project in Bulakan town and the North South Commuter Railway Project (NSCRP) has already drew numerous investors and projects in the province.
The two major projects in the province itself already cost more than P1-Trillion, he said.
The 37 km Phase 1 of the NSCRP from Malolos to Clark Airport which is now 57% completed is worth P150-Billion. A project of the Department of Transportation, it has a total project cost of P1.99 Bilion according to Po as he spoke about the major flagship projects in the province last week here during the 2022 Bulacan Business Conference “Invest Bulacan Summit” held in this city.
Po said Bulacan, being 27km distance from the financial and industrial center of Metro Manila is the gate way to the north because of Its accessibility to major airports and seaports and which provides logistical opportunity to investors, he added.
The Northwin City, the 28th Megaworld township project is Bulacan’s version of The Bonifacio Global City in Taguig to be built in 85 hectares area in Marilao town and is accessible through the North Luzon Expressway is worth P98-Billlion. It is 20 minutes away from Metro Manila and also 20 minutes away from the New Manila International Airport.
The development of the projects has already started, Po said.
The already constructed and still continuing expansion of Bulacan Bulk Water project between Manila Waterworks and Sewerage System (MWSS) and Luzon Clean Water Development Corporation is worth P24. 41-Bilion.
The Sattellite Government Center of Bulacan which will also be constructed next year is worth P935-Million.
Bayabas Dam Project in Dona Remedios Trinidad, Bulacan which is worth P13.19-Billion is an alternative to Angat Dam for water needs of the farmers, a flood control project and is also targeted as a power generation facility. It will start construction by 2023, Josephine Salazar, National Irrigation Administration (NIA) region 3 director said after it has already been awarded to a winning bidder this third quarter of the year.
Manila Bay Integrated Flood Control, Coastal Defense and Expressway Project which will alleviate the residents from flood problems and will also be constructed in the next couple of years is worth P399-Billion.
The North Luzon Expressway East Alignment is worth P39.94-Billion.
The Bulacan Mega City is a P5 billion worth business and investment hub in Balagtas, Bocaue and Pandi towns.
The Public Private Partnership (PPP) of the Bulacan Provincial Government (PGB) Bulacan Cyber Park Business District is worth P4.577 billion while the Mixed Development of PGB Property in Tabang, Guiguinto is worth P480-Million.
Governor Daniel Fernando said Bulacan’s growth and development lies in three major alignment and districts through the–Bulacan Growth Triad based on physical framework plan.
The first is the Malolos-Meycauayan Urban Core which extends to Calumpit town. He said flooding and water intrusion being a costal area is a major problem in this corridor but programs and projects have been put in place to keep this the major area of urban centers and development. The agricultural areas within the vicinity of these growth centers will be protected and enhanced, Fernando said.
The second corridor of growth is the Norzagaray-City of San Jose del Monte SJDM–San Ildefonso areas in the eastern part and the third is the Plaridel-Baliwag Growth Area. Fernando said these two includes the huge investments that have already mushroomed along the both sides of the Plaridel Bypass Road that connects NLEX to San Rafael town via Balagtas exit.
Cristina Tuzon, Chairman of the Board of the Bulacan Chamber of Commerce and Industry said the further heights of the development in Bulacan today already within the reach of the businessmen in and out of the province not only because of their proximity to Metro Manila but because of its own metropolis being born in the province through the current major industrial, economic and tourism projects.
“We now have the power to shape the direction and capability of the investment of opportunities in our province,” she said.
The summit was attended by about 500 major companies in and out from Bulacan from construction, real estate, pharmaceuticals, hospitals, leisure parks and other tourist destinations, supermarkets and malls, and others.