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DOT positions New Clark Metropolis as premier tourism funding hub

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DOT positions New Clark City as premier tourism investment hub

New Clark City

Team Out of Town Hub (www.OutofTownBlog.com) – The Department of Tourism (DOT) is rooting on the development of the Clark Freeport Zone (CFZ) and the New Clark City in order to further boost the recovery of the country’s tourism industry. During the first Central Luzon Tourism Investment Summit and Business Exchange (CLTISBEX) Hybrid Edition held […]

DOT positions New Clark City as premier tourism investment hub
Melo Villareal
Out of Town Blog

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DOT positions New Clark City as premier tourism investment hub

New Clark City

Staff Out of City Hub (www.OutofTownBlog.com) – The Division of Tourism (DOT) is rooting on the event of the Clark Freeport Zone (CFZ) and the New Clark Metropolis so as to additional increase the restoration of the nation’s tourism business.

In the course of the first Central Luzon Tourism Funding Summit and Enterprise Change (CLTISBEX) Hybrid Version held just lately at Hilton Clark Solar Valley Resort, the DOT, in collaboration with the Tourism Promotions Board (TPB) and the Subic-Clark Alliance for Growth (SCAD), showcased how CFZ and the New Clark Metropolis could also be positioned as premier tourism hubs, Clark as a contemporary sustainable aerotropolis and a most well-liked MICE (Conferences, Incentives, Conferences, Displays) vacation spot and the New Clark Metropolis as a super vacation spot for Sports activities Tourism within the Asia-Pacific Area.

DOT 3 Regional Director Caroline Uy in her opening remarks said that through the help of the private sector, the goal is to transform the CFZ into a preferred business and tourism destination in the Asia Pacific region and enable investors to find long-term economic returns
DOT 3 Regional Director Caroline Uy in her opening remarks stated that by means of the assistance of the non-public sector, the objective is to remodel the CFZ right into a most well-liked enterprise and tourism vacation spot within the Asia Pacific area and allow buyers to seek out long-term financial returns

DOT 3 Regional Director Caroline Uy, stated, “by means of the assistance of the non-public sector, the objective is to remodel the Clark Freeport Zone right into a most well-liked enterprise and tourism vacation spot within the Asia Pacific area and allow buyers to seek out long-term financial returns.”

Clark is strategically positioned in Pampanga the place it might be simply accessed by the Philippines’ main overseas vacationer markets like China, HongKong SAR, Singapore, South Korea, and Japan.

New Clark City
New Clark Metropolis

There have been a complete of 35 overseas and native buyers from the Philippines (5), China (25), Singapore (2), Japan (1), Taiwan (1), and the United Arab Emirates (1) that participated within the summit.

The occasion concluded with a complete of P127 million funding leads, largely generated in the course of the Enterprise-to-Enterprise (B2B) conferences amongst 77 patrons and sellers.

As of December 31, 2021, Clark is already dwelling to some 1,153 firms that are additionally known as locators. These enterprise ventures offered alternatives to a complete of 121,341 professionals and staff contained in the Freeport zone which initially employed solely 20,000 staff on the time of its opening.

Clark Freeport Zone
Clark Freeport Zone

By way of exports, CFZ has since generated a complete export of $5.40 billion with a complete funding of P265 billion.

Following the latest opening of Clark Worldwide Airport’s new passenger terminal, Puyat stated this can generate extra positive aspects for the business, particularly now that the DOT can also be positioning Clark as a MICE-destination.

Uy particularly famous that as a MICE venue, CFZ gives 80 conference/assembly halls, 3,648 lodge rooms, 126 eating services, and 45 tourism sights similar to Clark Safari, Clark Bike Path, Clark Museum and Theater, Aqua Planet, Clark Worldwide Speedway, and Dinosaurs Island.

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DOT positions New Clark City as premier tourism investment hub
Melo Villareal
Out of Town Blog

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Support author of this article and visit his post, originally published HERE

This post is originally published at Out of Town Blog blog and it's not owned by this site! Respect content authors!
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