Udenna targets BPO office market with 177-ha Clark purchase
Property developer Udenna Group seeks to pat into the country’s business process outsourcing (BPO) and other sectors with its acquisition of a 177-hectare prime property within the Clark Freeport Zone. The property will be renamed Clark Global City, featuring more than 52,000 square meters of office space. Locators in the area will enjoy tax benefits from the Freeport Zone and anchor projects such as Medical City. Udenna Group’s Dennis Uy expects the property to be the center of business in Central Luzon and nearby areas. The company said the master-planned development is envisioned as a modern and sustainable business and transportation hub leveraging on its proximity to the Clark International Airport and to the Subic Freeport Zone.