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Clark Development Corporation (CDC) of the Philippines and the Republic of Korea’s Land and Housing Corporation (LH) have signed a memorandum of understanding (MOU) on development cooperation to build a smart city at the Clark Freeport Zone, the Department of Foreign Affairs (DFA) said.
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(File photo) MANILA - A smart city built by the Korea Land & Housing Corporation (LH) will soon rise in Clark Freeport Zone, the Department of Foreign Affairs (DFA) said Friday. The government-owned Clark Development Corporation (CDC) and LH have already inked a smart city memorandum of understanding (MOU) on April 15 at Songdo Inernational Business District in Incheon province, some 30 kilometers southwest of Seoul. The MOU states that LH will build a smart city that will be linked to the Clark International Airport, which will also become a logistics hub with infrastructure for tourism, recreation, and aviation maintenance. The DFA said the future smart city will use artificial intelligence and big data to process real-time information collected through sensors and allow city operators to analyze data for future plans. "The Smart City MOU is a leap forward in the Philippines' shift to the 4th Industrial Revolution and a testament to the Philippines and Korea's shared