Description:Poro Point Management Corporation (PPMC), a member of The BCDA Group, is tasked to develop and manage the Poro Point Freeport Zone (PPFZ) in order to promote the economic and social development of Northern Luzon. PPMC has identified an area of three (3) hectares inside the PPFZ as a proposed Information and Communications Technology (ICT) Park, which can cater to the growing Information Technology (IT)-Business Process Outsourcing (BPO) Industry, of which an area of 2.25 hectares is available for development.
Estimated Project Cost (in USD $):
a. The estimated site development cost for the ICT Park amounts to $710,000.00. The cost of site development includes cost for utilities such as road network, drainage and water distribution systems, power supply. Other cost for the project includes landscaping and detailed engineering.
b. The estimated cost for the construction of an IT-BPO Building amounts to $1,500.00 per square meter. The cost includes the building and the fit-out.
Type of collaboration offered:
PPMC is seeking for investment partners in the form of private developers who will develop the area and construct IT-BPO Buildings. PPMC’s offers long-term lease.
Profile of proponent -
Poro Point Management Corporation (PPMC) is a Government Owned and Controlled Corporation (GOCC). It was created as the operating and implementing arm of Bases Conversion and Development Authority (BCDA) to manage the Poro Point Freeport Zone (PPFZ). PPMC is mandated to develop and manage the PPFZ into a self-sustaining and environmentally sound industrial, commercial, financial, tourism, transshipment, and investment center with the end view of generating employment opportunities in and around PPFZ, attracting and promoting productive foreign investments, accelerating the sound and balanced conversion into alternative productive uses of the former Wallace Air Station, Voice of America (VOA) Complex and the San Fernando International Seaport and Airport, consistent with the socioeconomic development of Northern Luzon in particular and of the country in general.
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