A KOREAN state-owned agency will develop a mass housing project in New Clark City in Capas, Tarlac, following the signing of a memorandum of understanding (MoU) with the Bases Conversion and Development Authority (BCDA) on Monday.
A KOREAN state-owned agency will develop a mass housing project in New Clark City in Capas, Tarlac, following the signing of a memorandum of understanding with the Bases Conversion and Development Authority on Monday.With P9 billion in investments, the Korean Overseas and Infrastructure and Urban Development Corp. will build 3,000 housing units on a 5-hectare site.
Bingcang assured the affordability of the housing units, whose monthly lease payments range from P5,000 to P7,000, with financing options available for up to 30 years.'We intend to wrap up our negotiation by the end of the year... and break ground within the end of the year,' Bingcang said, adding that thousands of indirect jobs would be created when construction starts.
Firm To Build Mass Housing In Clark
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