FLI upbeat on Clark

Filinvest Land Inc. of the Gotianun Group hopes its joint venture with state-run Bases Conversion Development Authority to develop the 288-hectare Clark Green City, will be finalized soon in order to start developing the property.

BCDA on Sept 8. said Filinvest land was the lone bidder for the 288 hectare initial phase of the Clark Green City project.

“The next step is to complete the joint venture agreement with BCDA because BCDA is still going the post-bid qualification,” FLI senior vice president Francis Ceballos told reporters.

Ceballos, however, said the property was situated within the mixed-use lots of Clark Green City.

“Planning for the property will already start by next year. But if we push very hard, we may also launch the first project by next year,” Ceballos said.

He said the 228-hectare property was bigger than the Filinvest Corporate City, which is also a mixed-use project in Alabang.

Ceballos said Filinvest Land was also open to taking in partners to develop the property. 

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