BSP to transfer minting facility to Tarlac in 2022

The Bangko Sentral ng Pilipinas (BSP) plans to transfer its mint and production facility to a new complex at New Clark City in Capas, Tarlac – better than the existing Security Plant Complex in Quezon City – by second quarter of 2022.

BSP Governor Benjamin Diokno announced this at the launch of a design competition for the BSP’s “eco-friendly currency production facility” in New Clark City.

“The new BSP complex design competition will enable the central bank to benefit from multiple design ideas for the construction of its iconic, smart, green and modern facility,” he said.

The new complex, to be built on 31 hectares of land, will house structures for currency and security documents production, executive offices, information technology, security, training, wellness and sports activities. The complex will also house an academic building, BSP’s research academy and a museum.

Diokno said the central bank’s current headquarters along Roxas Boulevard in Manila will be retained, while a study group has been formed to determine the fate of its complex in Diliman, Quezon City.

He added they can either retain the Quezon City property, sell it to the private sector, or jointly develop it with a third party.

The design contest will have two stages: eligibility screening and shortlisting and submission of technical and financial proposals and conceptual design. To promote participation in the competition, architectural firms were invited to send proposals.

“The proposed project design should be sustainable and incorporate Green Building measures to promote efficient use of resources such as power, water, and materials. These are intended to foster the health of its occupants and to protect the environment,” Diokno explained.