Manila, March 3 -- The Bases Conversion and Development Authority (BCDA) said it is partnering with a consortium to build a low-cost housing complex in New Clark City, with a component of the Pambansang Pabahay Para sa Pilipino (4PH) program.

The consortium of Sta. Clara International Corporation, Saekyung Realty Corporation, and Korea Overseas Infrastructure and Urban Development Corporation is eyeing to invest PHP4.8 billion to develop the 6.1-hectare housing project.

The low-cost housing complex is planned to have 12 high-density buildings, with a total of 3,320 units. Nine buildings, or 2,600 units, will be allocated for the open market, and three buildings, or 720 units, will be part of the Marcos administration's 4PH.

The BCDA an...