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  • 21 Aug, 2019

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Clark Development Corporation

Clark, officially known as the Clark Freeport and Special Economic Zone (CFEZ) and Clark Development Corporation (CDC), refers to an area in Central Luzon, Philippines.

The CFEZ in Pampanga covers portions of the cities of Angeles and Mabalacat and portions of the town of Porac while parts of the area in Tarlac include portions of the towns of Capas and Bamban, Tarlac.

The CFEZ divided into two areas, the Clark Freeport Zone (CFZ) and the Clark Special Economic Zone (CSEZ). The New Clark City is part of the Clark Special Economic Zone. The CFZ covers the area of the former United States Air Force facility, Clark Air Base. Most of this air base was converted to Clark International Airport and some remained under the control of the Philippine Air Force. Clark Global City is also part of the Clark Freeport Zone.

Clark forms the hub for business, industry, aviation, education, and tourism in the Philippines as well as a leisure, fitness, entertainment and gaming center of Central Luzon.

History

Establishment of the Clark Special Economic Zone

The Bases Conversion and Development Act of 1992 (Republic Act 7227) authorized the President to issue a decree converting the military reservation in the Clark area covering Angeles City, Mabalacat, and Porac, Pampanga and Capas, Tarlac into a special economic zone. The legislation also created the Bases Conversion and Development Authority (BCDA) to facilitate the conversion process.

President Fidel Ramos issued Proclamation No. 163 on April 3, 1993, creating the Clark Special Economic Zone (CSEZ) and transferring the administration of the area to the BCDA. The proclamation included the Clark Air Base and portions of the Clark reverted base lands not reserved for military use to the CSEZ. The Clark Development Corporation, a subsidiary of BCDA was founded to oversee the development of the area in the same year. The Metro Clark Advisory Council (MCAC) was also formed shortly as a mechanism for the CDC to coordinate with local government units in the area.

The following year, President Ramos declared Clark as the future site of a "premier" civilian international airport with a 14-million passenger capacity by 1998 but this plan did not come to fruition as projected.

On June 14, 1996, the CSEZ was expanded with the addition of the Sacobia area, which includes lands from Mabalacat, Pampanga and Bamban, Tarlac, through Ramos' Proclamation No. 805.

The CSEZ was placed under the Philippine Economic Zone Authority on March 10, 2006 by then President Gloria Macapagal Arroyo through Proclamation No. 1035 granting tax and duty exemptions to export company locators operating within the CSEZ. The Clark economic zone lost these exemptions in 2005 after a Supreme Court ruling that these exemptions under the BCDA charter are exclusive to the Subic economic zone.

Creation of the Freeport Zone

The Clark Air Base area, also known as the Clark Main Zone was declared a Freeport Zone and was separated from the special economic zone through Republic Act 9400 of 2007.

Since then the Freeport Zone and the Clark Special Economic Zone were considered as separate areas but collectively they are occasionally referred to as the "Clark Freeport and Special Economic Zone".

Further reorganization

In November 2018, the BCDA and the Clark Development Corporation grouped four developments within the CFEZ namely the Clark Freeport Zone, Clark Global City, Clark International Airport, and New Clark City as "districts" under one brand dubbed as "Clark: It Works. Like A Dream". Six years later, it was announced that the planned central business district is set to rise in the area as Clark Central Business District and it will create more than 170,000 jobs.

CDC Board of Directors

The Clark Development Corporation (CDC) consists of a Board of Directors whose members are appointed by the President of the Philippines, based on the recommendations of the Governance Commission for Government-Owned or -Controlled Corporations (GCG).

Members of the Clark Development Corporation
Position Name
Chairman of CDC

Atty. Edgardo Pamintuan Sr.

President and CEO of CDC Atty. Agnes VST Devanadera
Members of the Board of Directors Atty. Ana Liza A. Peralta
Helen Nicolette M. Henson-Hizon
Atty. Bryan Matthew C. Nepomuceno
Atty. Paul Christian M. Cervantes
Jose Philip B. Panlilio
Atty. Maricris A. Carlos
Sharon Faye R. Malapitan-Bautista
Atty. Manuel M. Feliciano
Atty. Pablo A. de Borja
Board Officers
Corporate Secretary Atty. Pablo A. de Borja
Corporate Treasurer Alizaido F. Paras
Acting Compliance Officer Atty. Gloria Victoria Y. Taruc

Districts

Since the reorganization in 2018, there are four districts in Clark.

See also

References

  1. ^ "Clark: It works. Like a dream". Philippine Information Agency. November 27, 2018. Retrieved August 19, 2019.
  2. ^ "Clark Special Economic Zone – Proclamation Map" (PDF). GIS Section. Clark Development Corporation. Archived from the original (PDF) on February 3, 2021. Retrieved January 29, 2021.
  3. ^ Census of Population (2020). Table B - Population and Annual Growth Rates by Province, City, and Municipality - By Region. Philippine Statistics Authority. Retrieved July 8, 2021.
  4. ^ "Join Foreign Chamber (JFC) meeting with Clark Development Corporation (CDC)". European Chamber of Commerce of the Philippines. June 8, 2017. Archived from the original on May 24, 2018. Retrieved May 24, 2018.
  5. ^ "Clark Field Special Economic & Freeport Zone, Angeles, Pampanga Philippines". TravelPH.com. Manila Forwarders Travel and Tours. Archived from the original on November 22, 2007. Retrieved November 24, 2007.
  6. ^ "Republic Act 7227: Bases Conversion and Development Act of 1992". Congress of the Philippines. March 13, 1992. Retrieved May 24, 2018.
  7. ^ "Proclamation No. 1035, s. 2006". Official Gazette of the Republic of the Philippines. March 10, 2006. Retrieved May 24, 2018.
  8. ^ de Villa, Kathleen (April 13, 2019). "From a military base to an economic hub". Philippine Daily Inquirer. Archived from the original on April 14, 2019. Retrieved January 29, 2021.
  9. ^ Cervantes, Ding (November 15, 2013). "CDC head: No plans to scrap Clark advisory council". The Philippine Star. Retrieved January 29, 2021.
  10. ^ "Perks restored to Clark locators". GMA News. March 22, 2006. Retrieved May 24, 2018.
  11. ^ "Republic Act 9400". Congress of the Philippines. March 20, 2007. Retrieved May 24, 2018.
  12. ^ Dizon, Romeo (November 27, 2018). "BCDA, CDC launch new Clark brand, identity". Manila Standard. Retrieved November 27, 2018.
  13. ^ "BGC-type business district eyed in Pampanga with new highway project". GMA News Online. February 21, 2024. Retrieved August 26, 2024.
  14. ^ "GOCC Profile - Integrated Corporate Reporting System". icrs.gcg.gov.ph. Retrieved October 22, 2024.
  15. ^ "Clark Development Corporation". www.clark.com.ph. Retrieved October 22, 2024.