The BCDA signed three memoranda of understanding with Japanese institutions to open up collaboration opportunities in waste management, renewable energy, telecommunications and sustainable development.
Signed during an official mission to Tokyo, the first MOU is with Japanese industrial and engineering firm Kanadevia Corp. It involves a feasibility study on building a waste-to-energy (WTE) facility in New Clark City in Capas, Tarlac.
‘This project aligns with the BCDA’s goal of transforming New Clark City into a green and resilient metropolis by introducing sustainable solutions and fostering a circular economy,’ the BCDA said in a statement on Wednesday. Connectivity
The second MOU, this time with Japanese telecommunications firms IPS Inc. and InfiniVAN Inc., explores potential collaborative projects to optimize use of BCDA’s information and communications technology assets in the Poro Point Freeport Zone in La Union and other administered zones. This aims to boost the Luzon Bypass Infrastructure Program by ensuring high-speed internet connectivity in local communities.
The last MOU was signed with the Japan Bank for International Corp. (JBIC). It involves projects that support energy transition as well as environmental and social sustainability.
Aside from encouraging Japanese companies to invest in green and sustainable initiatives, JBIC will consider strategic funding options to support such projects.
Green initiatives
‘With our Japanese partners, we are advancing projects that tackle waste management through renewable energy, strengthen digital connectivity for communities, and promote sustainable development in our economic zones,’ BCDA president and CEO Joshua Bingcang said. ‘These agreements are more than just documents; they represent a shared commitment to collaboration, innovation and sustainable growth,’ Philippine Ambassador to Japan Mylene de Joya Garcia-Albano said.
The BCDA delegation to Tokyo is also scheduled to meet with the Japan Overseas Infrastructure Investment Corporation for Transport and Urban Development to align strategies for developing New Clark City.