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BCDA, Kepco ink deal to develop smart city

The Bases Conversion and Development Authority (BCDA) signed a memorandum of understanding (MoU) with the Kepco Philippines Corp. (Kephilco) for the conduct of a feasibility study on the development of a Smart City energy management system in New Clark City.
Signatories of the MoU were BCDA president and chief executive officer Vivencio Dizon and Kephilco president and chief executive officer Jae Han Go. The signing was witnessed by Kephilco general manager Choi San Jae and BCDA Corporate Planning Officer Raul Buensalida.
The MoU intends to create a non-binding framework for BCDA and Kephilco to discuss and explore on collaborative opportunities for the construction, operation, and maintenance of the said system.
Through the Smart City energy management system, BCDA envisions to optimize the use of basic utilities such as power, in making the New Clark City truly smart and modern with fast interconnection and stable and reliable power supply.
This complements high-impact infrastructure projects in Clark, including railways to ease traffic and provide interconnectivity in the whole city.
In the agreement, the conduct of a feasibility study will determine the viability of a Smart City energy management system in New Clark City.
Kephilco, an affiliate of Korea Electric Power Corporation (Kepco), is mandated to enter into and engage in the business of developing and operating power generation facilities, as well as utilizing the Smart grid or Microgrid technology in New Clark City.
In 2016, Kepco has been named the best company in the electric utility sector in the world and was ranked first in the top 100 Asian power company by Forbes Global 2000 — Forbes magazine’s annual ranking of top public companies in the world.
Kepco has projects in 24 countries including Japan, China, USA, and the Middle East.
South Korea’s expertise in smart city development which prioritizes a low carbon and green growth society makes it a great example for BCDA’s development projects in Clark.

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