By Mhicole A. Moral 

Filinvest has long recognized the potential of Clark as a thriving economic center and has been a key player in its transformation. Through strategic partnerships with the Bases Conversion and Development Authority (BCDA) and its subsidiary, Clark Development Corp. (CDC), Filinvest has spearheaded large-scale developments that drive job creation and economic growth.

Since securing the contract in 2016 to develop and manage the former Mimosa Leisure Estate, Filinvest has steadily expanded its investments in the region in partnership with the BCDA and its subsidiary, CDC. In the same year, Filinvest also became the first mover in New Clark City through a joint venture with BCDA, leading to the creation of Filinvest New Clark City, anchored by its flagship development, Filinvest Innovation Park.

Clark’s location provides strategic access to air and sea travel, with a travel time of 1.5 to 4 hours to major Asian destinations. In 2023, Central Luzon recorded a 136% increase in visitor arrivals compared to the previous year, with Clark serving as a major entry point.

The location benefits from well-developed infrastructure and easy access to major transport networks. Just 80 kilometers from Metro Manila, it connects directly to the North Luzon Expressway (NLEX), Subic-Clark-Tarlac Expressway (SCTEX), and Tarlac-Pangasinan-La Union Expressway (TPLEX). Clark International Airport, which serves flights to Hong Kong, Taiwan, Singapore, Japan, and Korea, is just five kilometers away. Meanwhile, Subic Freeport Zone, one of Southeast Asia’s competitive international logistics ports, is 80 kilometers from the estate.

Several infrastructure projects are also expected to boost accessibility further. The North-South Commuter Railway (NSCR), for instance, will shorten travel time between Clark and Metro Manila, while the Subic-Clark-Manila-Batangas Railway and Central Luzon Link Expressway (CLLEX) aim to improve logistics and regional access.

Filinvest Townships Head Don Ubaldo said the company is committed to developing its Clark projects as a destination for business, leisure, and industrial expansion.

“We are the first developer to partner with the government for large-format townships in the Clark Freeport Zone and in New Clark City. We are committed to helping unlock further growth in Clark with our investments,” he explained.

Mr. Ubaldo highlighted that Filinvest’s developments in the region generate jobs and attract investments that drive continued growth.

“Filinvest’s projects affirm our confidence in Clark’s strength and future-readiness,” he said. “These developments not only create employment opportunities but also bring in investments that support long-term expansion, contributing significantly to the area’s economic progress.”

Developing a sustainable mixed-use destination 

The 50-year lease agreement for the 201-hectare Filinvest Mimosa Plus Leisure City marked a key step in Filinvest’s plan to turn the estate into a major hub for business, leisure, and tourism. Filinvest has redeveloped the estate with modern facilities while preserving its historical character and natural surroundings.

The area houses the first GEO-certified Mimosa Plus Golf Course in the Philippines, recognized internationally for its commitment to sustainable golf course management. This 36-hole course attracts both local and international players, further positioning Clark as a premier destination for tourism and leisure.

Beyond the main course, the Mimosa Golf Clubhouse also features a Golf Academy and Driving Range, offering professional training and practice facilities open to all—whether seasoned golfers or beginners looking to refine their game.

Beyond leisure, Filinvest Mimosa Plus caters to upscale and mid-range markets with premium residential developments. The Crib offers affordable living spaces catering to urban professionals, while Golf Ridge Private Estate, under the Filigree brand, introduces luxury country club living beside the golf course. These projects contribute to Clark’s growing real estate market and drive property values.

Workplus, a premium office campus spanning four hectares, is another major development of Filinvest. It currently has three office buildings, 1Workplus, 2Workplus, and the newly completed 4Workplus. Filinvest aims to expand the area with two more office buildings in the future.

Retail and entertainment options are also in the pipeline. Filinvest Malls Mimosa is set to open towards the end of 2025, while Filinvest Shoppes Mimosa is scheduled for launch in the third quarter of the same year.

For corporate events and special gatherings, The Hilltop offers function spaces suited for conferences, meetings, and gatherings. The estate also serves the growing MICE (Meetings, Incentives, Conventions, and Exhibitions) sector, providing an alternative to Metro Manila’s event venues.

Aside from these infrastructures, Filinvest Mimosa Plus promotes community engagement through events such as bike clinics, marathons, and Eats by the Park, an outdoor food market.

“Filinvest Mimosa offers year-round business and leisure amenities where you can experience country-club living amidst nature,” Mr. Ubaldo noted. “This project perfectly aligns with CDC’s mission to elevate Clark into a premier business and tourism hub and a catalyst for growth in the country.”

Hub for innovation and development

Filinvest is developing a 288-hectare mixed-use district within New Clark City, designed to be a modern and sustainable urban center in Central Luzon. This expansive development, known as Filinvest New Clark City, integrates residential, commercial, industrial, and institutional zones to foster a dynamic and well-balanced community.

At the heart of its industrial component is Filinvest Innovation Park, a dedicated hub for light and specialized industries. Positioned to meet the evolving demands of the new economy, the park serves as a strategic base for companies in e-commerce, data centers, and emerging technologies.

One of its key developments is the StB Giga Factory, set to become the first lithium iron phosphate battery manufacturing plant in the Philippines. Located within Phase 1 of Filinvest Innovation Park, this facility is expected to play a significant role in the renewable energy sector by producing advanced battery technology for various applications.

“Central Luzon remains a viable and competitive manufacturing and industrial hub outside the CALABA (Cavite-Laguna-Batangas) area,” said Mr. Ubaldo. “This provides an opportunity for Filinvest to expand its locator portfolio within Filinvest Innovation Park while also activating the mixed-use component of Filinvest New Clark City to support its growing community and the NGAC (National Government Administrative Center).”

Filinvest’s vision for New Clark City reflects its commitment to creating an integrated urban landscape. As part of this development, the company aims to secure Leadership in Energy and Environmental Design (LEED) certification, reinforcing its dedication to sustainable and energy-efficient building practices.

Aligned with the BCDA’s priorities, Filinvest incorporates environmental, social, and governance (ESG) principles through its sustainability framework, ensuring that its developments are not only progressive but also environmentally responsible.

Valuing significant partnerships

Beyond property development and hospitality, Filinvest has expanded its presence in the region through strategic infrastructure investments. One of its key ventures is its participation in the North Luzon Airport Consortium, which secured the bid to operate and maintain Clark International Airport.

Filinvest Development Corp. (FDC) plays a leading role in the consortium under Luzon International Premier Airport Development Corp. (LIPAD), a joint venture with JG Summit, Changi Airports Philippines, and Philippine Airport Ground Support Solutions. As the managing entity of Clark International Airport, LIPAD enhances the airport’s operations and services, strengthening its role as a major gateway in Central Luzon.

With its expanding footprint in Clark and New Clark City, Filinvest is playing a vital role in transforming the region into a premier destination for business, industry, and tourism. Through strategic partnerships with BCDA and CDC, the company continues to develop world-class townships, sustainable industrial parks, and integrated communities that enhance economic opportunities and improve quality of life.

As Filinvest Mimosa Plus and Filinvest New Clark City take shape, investors, businesses, and residents can look forward to a future driven by innovation, connectivity, and sustainability. Stay updated on the latest developments by following their official Facebook pages: https://www.facebook.com/FilinvestMimosaPlus/ and https://www.facebook.com/FilinvestNCCOfficial/.

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Security Bank Corp. granted a P2.560-billion credit support for the industrial park developer — Science Park of the Philippines, Inc. (SPPI), and P960-million for the residential and mixed-use property developer — Pueblo de Oro Development Corp. (PDO). The loan proceeds will be used to fund the new and expansion projects of SPPI and PDO — both member companies of the ICCP Group. The Loan Agreement signifies the start of a strong partnership between Security Bank Corp. and the ICCP Group of Companies built upon common values and goals.

The credit facilities were arranged by Investment & Capital Corporation of the Philippines (ICCP), one of the country’s leading independent investment houses.

SPPI is highly regarded as one of the pioneers and leaders in private industrial estate development in the country, with nearly 1,500 hectares of industrial estates developed and under development.

SPPI’s industrial parks are strategically located in Laguna (Cabuyao and Calamba), Batangas (Santo Tomas and Malvar), Lapu-Lapu City and Hermosa, Bataan. Upcoming industrial estate locations are San Jose, Batangas and Tarlac City. SPPI is also partnering with the Bases Conversion and Development Authority (BCDA) to develop a 100-hectare industrial park in New Clark City, Tarlac.

Pueblo de Oro Development Corp., among the promising and fast-growing real estate developers in the country, continues to develop and offer master-planned and best-in-class residential and mixed-use projects in urbanized locations and emerging growth hubs such as Batangas, Pampanga and Lapu-Lapu City. PDO’s 400-ha flagship township in Cagayan de Oro (CDO) remains committed to developing award-winning sustainable projects with two major developments set to launch in the next two years. Among PDO’s new project locations are Lipa City; Ibaan in Batangas; and Carcar in Cebu.

“ICCP is proud to support Pueblo de Oro and SPPI in furthering their respective missions of responsible, climate-adapted township & industrial estate developments,” said Valentino S. Bagatsing, Chairman and CEO of ICCP.

“I take this opportunity to thank both the ICCP Group and Security Bank in making this partnership a reality,” highlighted Security Bank Chairman Atty. Cirilo Noel. “The Bank wanted to be associated with an institution that has the credibility, integrity, and excellence. I wish this partnership would be a long-standing partnership that will be for both our success and benefit, and also really to create economic value to our shareholders, to our community, and also to the country.”

Security Bank’s loans to Science Park of the Philippines and Pueblo de Oro Development Corp. align with the Bank’s mission to enrich lives, empower businesses, and build communities sustainably. The Bank is looking to build on the partnership with a multi-faceted approach across all financial services, including loans, deposits, and cash management solutions.

For his part, ICCP Group Chairman Guillermo Luchangco expressed his gratitude for the Security Bank support as SPPI and PDO embark on their expansion in the industrial estate and residential and mixed-use property development businesses. “In our Group, we emphasize integrity, ethics, and quality. These are the three pillars that we are known for, and Security Bank is a perfect banking partner for us.”

Other Security Bank officials, including Commercial Banking Group Head Jorge Lindley Ong, NCR3 Central Business District Region Head Erika Sykat and NCR 3 Central Business District Team Head Mary Ann Salazar witnessed the signing ceremony held last Feb. 10.

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EvoEnergi, a dynamic Retail Electricity Supplier and affiliate of publicly-listed D&L Industries, has successfully switched over the second Retail Aggregated Group under the Retail Aggregation Program, from the captive market onto the contestable retail electricity market. The successful switching, achieved last March 5, 2025, underscores EvoEnergi’s commitment to providing businesses with lower electricity costs and enhanced flexibility in managing their energy consumption.

By offering not only reduced rates but also clear and transparent terms, EvoEnergi distinguishes itself in the energy market. Through Retail Aggregation—a program that allows multiple electricity end-users within a contiguous area, or within the same distribution franchise, to combine their electricity demand—businesses can collectively meet the threshold required to participate in the contestable market, thereby securing significantly lower rates previously accessible only to large-scale consumers.

Advocating for Fairer Electricity Pricing

EvoEnergi fully supports the Energy Regulatory Commission (ERC) and the Department of Energy (DOE) in their efforts to expand access to competitive electricity rates through Retail Aggregation. By bringing businesses together under this program, EvoEnergi ensures that more industries benefit from transparent pricing and lower energy costs—without additional risks or complexity.

“For many businesses, electricity is a major cost driver, but few realize they are overpaying,” said Julian Lao, President of EvoEnergi. “We help businesses achieve real savings, allowing them to reallocate resources to growth and innovation, instead of paying excessive electricity costs.”

With discussions ongoing about lowering the contestability threshold to 100 kW, EvoEnergi anticipates that more businesses will soon benefit from these cost-saving opportunities, creating an even more competitive market.

Beyond Cost Savings: The EvoEnergi Approach to Energy Procurement

Having been in the manufacturing sector for decades, the management team of EvoEnergi fully understands the operational and financial challenges businesses face when it comes to electricity costs. This deep industry experience allows the company to design solutions that are practical, flexible, and tailored to real business needs.

EvoEnergi goes beyond simply reducing rates—it gives businesses control over their energy strategy. Unlike traditional suppliers that offer rigid contracts, EvoEnergi enables businesses to scale their energy use through tiered capacity increases and hybrid pricing structures, ensuring they get the best possible value without compromising operational stability.

“Electricity procurement should be a strategic decision, not just another fixed expense,” added Lao. “Our goal is to help businesses optimize their energy use in a way that aligns with their financial and operational objectives.”

Redefining the Role of the Retail Electricity Supplier

EvoEnergi’s approach is built on trust, transparency, and long-term partnerships. By prioritizing customer success over transactional engagements, the company continues to challenge conventional electricity supply models—putting businesses in a stronger position to make cost-effective and well-informed energy decisions.

As Retail Aggregation gains momentum, EvoEnergi remains focused on helping businesses unlock savings, improve efficiency, and gain greater financial flexibility in a rapidly evolving energy landscape.

For businesses looking to take control of their electricity costs, EvoEnergi provides the expertise and tailored solutions to make a real impact.

For inquiries, email info@evoenergi.com.ph or contact 0917-1569137.

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