The Bangko Sentral ng Pilipinas Currency Production Facility as envisioned by an artist. It will stand on a 29.22-hectare parcel of land within the National Government Administrative Center of New Clark City, Tarlac.
The Bangko Sentral ng Pilipinas (BSP) will relocate its Currency Production Facility to New Clark City (NCC) in Tarlac.
A signed Memorandum of Understanding (MOU) between BSP and the Bases Conversion and Development Authority (BCDA) formalized their commitment to establish the new production facility on a 29.22-hectare land situated within the National Government Administrative Center (NGAC).
“After 40 years of service, it is now ripe for a comprehensive upgrade that will ensure that BSP remains at the cutting-edge of currency production and security printing technologies,” BSP Governor Benjamin E. Diokno said
He further stressed that NCC is the only one that met its very tough criteria for a site that will accommodate BSP’s facilities.
“These standards, which encompass everything from lot configuration, site conditions, to infrastructural support, are intended to ensure that the BSP’s operations are optimally located,” Diokno said.
The BSP governor lauded the NCC as he says it is consistent with the BSP’s vision for a facility that is smart, green and “employ state-of-the-art technologies that will foster high-yield production systems, efficient workflows, while maintaining a low energy footprint.”
NCC will be the first smart, green, sustainable and resilient metropolis and the 200-hectare NGAC, where back-up government agencies will be situated, is only the first phase of its development. (Jojo Mangahis)