CDC exec: ‘Clark unique, one stop shop destination for investors’

CLARK FREEPORT— “We need to take care of Clark because it is very unique,” thus said Clark Development Corporation (CDC) Vice Chairman Benjamin P. Defensor, Jr. as he underscored the role of this Freeport as an ideal investment and tourism hub.

During the recent Capampangan in Media (CAMI) Balitaan sa Bale Balita, Defensor said that this Freeport is a “onestop-shop” destination for investors.

“Updated lahat ng mga locators natin dito kung ano ang mga requirements. Because when we talk about Clark, we are trying to make a one-stop-shop. Lahat ng babayaran mo nandito pati yung mga babayaran mong taxes pati yung mga requirements pag nagtrabaho ka dito in short, we make it very attractive for the locators,” he sai d.

Defensor, former Armed Forces Chief of Staff, also mentioned that the developments in this Freeport significantly contributes to the growth of Central Luzon.

“Seventy-five percent of exports of Central Luzon are provided by Clark. That is the best proof to show-off na talagang umaasenso ang mga tao rito. Sinusunod ang mga batas natin at sa mga regulations na ginagawa dito sa Clark. It is inland but it produces a lot of industry, it produces a lot of revenues in the Philippines,” he added.

Exports from various semiconductor and manufacturing firms in Clark is about $4.85 billion per year which accounts for 75 percent of the total exports from the region.

Meanwhile, in a separate interview, Defensor also cited the pool of workforce here as one of the factors on the development of the Freeport.