BANGKO Sentral ng Pilipinas (BSP) Governor Benjamin Diokno on Wednesday bared plans for the BSP Security Plant Complex in Quezon City following the completion of the Central Bank’s new facility in New Clark City.
In an interview with CNN Philippines on Wednesday, Diokno said the current BSP buildings are no longer “relevant to the situation right now” because of its bulky structure and airflow.
“The old building in Roxas Boulevard, that will stay,” Diokno said.
“The printing plant in Quezon City, close to the Philippine Heart Center and Social Security Building, we are thinking about it. I have formed a technical working group. We can keep it, we can sell it or we can have a joint project with the private sector with it,” the governor added.
In September 2019, the BSP and the BCDA entered into a Memorandum of Understanding (MOU) to facilitate the groundwork necessary for the establishment of a new BSP facility in the New Clark City-National Government Administrative Center in Capas, Tarlac.
In January this year, BSP started its 50-year lease with New Clark City. The term of the lease is for 50 years reckoned from that date, with the option to renew for another 25 years, upon mutual agreement of both parties.
The contract covers the lease of a parcel of land spanning 313,171 square meters, located along the New Clark City-SCTEx access road. The BSP also recently launched the design competition for an eco-friendly currency production facility for their New Clark City center.
The contest has two stages: the Eligibility Screening and Shortlisting; and Submission of Technical and Financial Proposals and Conceptual Design. To promote participation in the competition, architectural firms are invited to send proposals.
Actual construction is projected to start during the second quarter of 2022.