The Medical City Holds Cornerstone Ceremony for New Hospital in Clark Free Port Zone

29 January 2013 – Officials led by Mabalacat City Mayor Marino Morales and Clark Airport President and CEO Victor Jose Luciano witnessed  the Cornerstone Ceremony at The Medical City-Clark, a world-class hospital facility being constructed at the Clark Free Port Zone in Pampanga.

Also present at the ceremonies were Dennis Wright, President, Peregrine Development International; Jim Spore, Vice President and COO, Peregrine Development International, and Mark Williams, Investment Director of KGL Investments.  Representing TMC were President and CEO Dr. Alfredo R.A. Bengzon, Chairman Dr. Augusto P. Sarmiento, and other members of TMC’s top management.

TMC-Clark is the first component of a larger health care complex at the Global Gateway Logistics City (GGLC), a 177-hectare master planned logistics and business center which will house new infrastructure amounting to over $1.5 billion. KGL Investment Company is the principal investor and owner of GGLC while Peregrine Development International is the project developer.

Construction of the tertiary hospital complex is scheduled to be completed by August 2014. “TMC-Clark will have a full complement of top quality diagnostic and treatment services, drawing from the strengths of institutional centers of excellence. It will also be the official medical facility and trauma/burn center of Diosdado Macapagal International Airport,” said Dr. Alfredo R. A. Bengzon.

Being situated next to an international airport, TMC-Clark also seeks to serve the global market. The hospital supports TMC’s strategy to expand presence by developing a national network. TMC’s network is currently composed of two other hospitals and 20 outpatient clinics located across Metro Manila and in selected provinces.

Launching of TMC Clark was held in December 2010 with no less than President Benigno Aquino III as the guest of honor and speaker.

With the addition of the Clark site to TMC’s growing network of health facilities, TMC strengthens its serious bid for prominence in national and international healthcare.

 “TMC Clark will serve as our flagship center for Central and Northern Luzon. In addition, being situated next to an international airport, the Clark location provides an excellent platform for building our international customer base,” Dr. Bengzon added.

Under the terms of agreement, GGLC will construct the hospital according to TMC’s specifications. TMC will then lease, equip and operate the facility.