Sun.Star Pampanga

Atin Ku Pung Singsing

Et me read you my Affidavit of welcome.

-

AFFI DAVI T

LI, ATLEE T. VIRAY, of legal age, married and a resident of City of San Fernando, Pampanga, after having been duly sworn to in accordance with las, depose and state:

l. That I represent the people of San Fernando, Pampanga in rejoicing over the constructi­on of the new Paskuhan Vill age;

2. That the whole area of the Paskuhan Village was donated by the family of our vice mayor, Jimmy Lazatin, whose father Jess Lazatin was known for philanthro­py and patriotism;

3. That because of the Paskuhan Village, San Fernando was known and became the Christmas Capital of the Phi l i ppi nes;

4. That the national government thru Tieza sold the entire property to Premier Central, a subsidiary of the SM Group of Companies;

5. That in the exercise of the right of first refusal, the City of San Fernando filed Civil Case No. 14636 for Annulment of the Contract of Sale with the joint initiative of the Solicitor General;

6. That on January 20, 202, the parties thru the endorsemen­tof the Solicitor General came outwith anacceptab­le compr omi se:

a. That the SM Group would separate and donate 5,000 square meters of the Paskuhan property to San Fernando;

b. That the SM Group is to construct free of charge, a two storey building which we are about to ground break with a floor area of 500 square meters.

7. That we are here today to witness the historic reconstruc­tion and rebuilding of this iconic heritage;

8. That long after the administra­tion of Mayor Edsa Santiago, he would be remembered as the father of the new Paskuhan Village;

9. I want you to revisit - the words vernacular song, Atin ku pung Singsing;

“Atin ku pung singsing

Metung yang timpukan

Mewala ya iti,

Ekukamalay­an

Translated –

“I have a ring

It’s one of a kind

It was lost

Without my knowledge.

10. That ring is our culture. The ring is the home of our lanterns. The ring has been found; The ring found in the Paskuhan Village.

11. That I am proud to welcome you to this historic occasion for the reconstruc­tion of our culture, the reconstruc­tion of the Paskuhan Village.

IN WITNESS WHEREOF, I have hereunto set my hand this 4th day of February, 2021 at City of San Fernando, Pampanga. ATTY. ATLEE T. VIRAY

SUBSCRIBED AND SWORN to in accordance with law.

SGD. ATTY. CORNELIO TALLADA

Notary Public

*Welcome remarks delivered by the columnist on February 4, 2021 on the occasion of the ground breaking of the New Paskuhan Village of the City of San Fernando, Pampanga.

SET

of the Pampanga

your hooks on how data sets from two research bodies correspond. Singapore, which places third in Transparen­cy Internatio­nal’s (TI) 2020 Corruption Perception Index, places 13th in Lowy Institute’s pandemic response ranking. Malaysia, on the other hand, ranks 16th on Lowy’s record and is at the 57th spot in the corruption perception index.

“Covid-19 is not

just a

This is in response to the column article of Ric Sapnu in Sunstar Pampanga with headline “Korean nationals invaded Pampanga?” which was published last February 1, 2021.

Clark Developmen­t Corporatio­n (CDC) would like to clarify that the Clark Freeport Zone will always be a destinatio­n that reflects Filipino ingenuity and culture. Complement­ed by its rich history and potentials, it is a preferred investment hub ready to host investors and their businesses who would like to be a part of economic upturn and shape their future in the Philippine­s.

This also includes investment­s by foreign companies. Under “Foreign Investment­s Act of 1991” (FIA), all investment­s and business enterprise­s that have located and are operating operations in Clark are allowed.

A home to various businesses led and establishe­d by individual­s of different colors and races, Clark does not only cater to Korean-owned companies.

Numerous investment­s of diverse nationalit­ies are currently present in the Freeport. However, out of its 1,226 total number of locators, 67-percent or 827 firms of this are still owned and led by Filipino nationals. Meanwhile, there are 108 Korean establishm­ents present in Clark which only constitute to about 8% of the entire locators’statistics in the Freeport. This proves that investment­s from native stakeholde­rs are still predominan­t in Clark.

Locally-owned business enterprise­s in the Freeport include; 365 firms involved in Commercial business, 221 establishm­ents under Servicerel­ated activities, 54 Industrial companies, 34 establishm­ents under ICT industry, 30 Logistics agencies, 29 Tourism-related ventures, 28 Aviation-related enterprise­s, and 20 under Utility services and 2 on Agro Industrial business.

Other industries in the Freeport are run and managed by individual­s from USA (49 firms), Australia (46 firms), Japan (42 firms), China (20 firms), Hongkong (20 firms), Canada (6 firms), British Virgin Islands (13 firms) and shareholde­rs from other Asian (43 firms) and European (43 firms) countries. In turn, these ventures have all significan­tly contribute­d to our country’s socio-economic developmen­t, and provided jobs and opportunit­ies for many Filipinos.

Under the FIA, anyone, regardless of nationalit­y is allowed and welcome to do business and invest in the Philippine­s, in almost all areas of economic activities. As stipulated in this act, foreign investors are allowed up to 100% ownership in both export and domestic market enterprise­s so long as their products and services, is not prohibited or listed in the “Foreign Investment Negative List” (FINL). FINL as defined in Section 3 of the said law is “a list of areas of economic activity whose foreign ownership is limited to a maximum of forty percent of the equity capital of the enterprise­s engaged therein.”

With these, we ensure the public that the establishm­ent of business enterprise­s and their operations in Clark, whether by local or foreign investors, are in accordance with the law. Rest assured that Clark Freeport Zone will remain a source of pride for every Filipino for it is a place where people of diverse cultures can dream, develop, grow and live harmonious­ly.

Thank you.

Sincerely,

NOEL G. TULABUT

Manager

CDC Communicat­ions Division

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