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Overview

NEDA approved New Clark City High Performance Gymnasium and Sports Museum Project for Chinese funding

Commitment Year•2018Country of Activity•PhilippinesDirect Recipient Country of Incorporation•PhilippinesSector•Other Social Infrastructure And ServicesFlow Type•Grant

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2018
Start (planned)
Oct 31, 2018

Geospatial footprint

Map overview

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The project aims to develop a High Performance Gymnasium and Sports Museum within the New Clark City Sports Hub in the future. More locational data ca be found at https://www.openstreetmap.org/way/783231398#map=16/15.3457/120.5315.

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

Government Agencies

  • Unspecified Chinese Government Institution

Receiving agencies

Government Agencies

  • Government of the Philippines

Implementing agencies

State-owned companies

  • The Bases Conversion and Development Authority (BCDA)

Loan description

NEDA approved New Clark City High Performance Gymnasium and Sports Museum Project for Chinese funding

Narrative

Full Description

Project narrative

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.