NEDA approved New Clark City High Performance Gymnasium and Sports Museum Project for Chinese funding
Summary
Funding agency [Type]
Unspecified Chinese Government Institution [Government Agency]
Recipient
Philippines
Sector
Other social infrastructure and services (Code: 160)
Flow type
Grant
Infrastructure
Yes
Category
Project lifecycle
Geography
Description
On Oct. 31, 2018, the National Economic and Development Authority committee approved the China-funded New Clark City High Performance Gymnasium and Sports Museum Project. The project is a part of the National Government Administrative Center (NGAC) and involves the development of a gymnasium and sports museum that includes a basketball court, running track, gymnastics training area, martial arts area and an athletes lounge. The facility will be built by the Bases Conversion and Development Authority ahead of the Philippines’ hosting of the 2019 SEA Games. The project is predicted to cost P1.6 billion, and was supposed to be funded by a Chinese grant, the value of which is undetermined.
Number of official sources
2
Number of total sources
4
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of the Philippines [Government Agency]
Implementing agencies [Type]
The Bases Conversion and Development Authority (BCDA) [State-owned Company]