How Clark’s economic stewardship translates into investments, jobs, and national returns

P372 Billion in Investments. 151,593 Jobs. P8.092 Billion Returned to the Nation.

The success of the Clark Freeport is measured not only by financial performance but by how sound economic stewardship creates lasting value for investors, businesses, workers, and the Filipino people.

Over the past four years, the Clark Development Corporation (CDC), under the leadership of President and CEO Atty. Agnes VST Devanadera, strengthened Clark’s position as one of the country’s leading economic hubs through sustained investment generation, business expansion, employment creation, and strong financial performance.

These outcomes have translated into tangible returns for the National Government.

From 2022 to 2025, CDC remitted a cumulative ?8.092 billion in dividends to the National Government. Annual dividend remittances steadily increased from ?1.207 billion in 2022 to ?1.80 billion in 2023, rising further to ?2.488 billion in 2024 and ?2.597 billion in 2025. With two consecutive years of dividend remittances exceeding ?2 billion, CDC has become one of the country’s leading dividend-contributing government-owned and controlled corporations.

These fiscal contributions are the result of a much broader economic ecosystem.

As of December 31, 2025, actual investments within the Clark Freeport reached ?372 billion, based on investments reflected in the audited financial statements submitted by locator companies. This includes major strategic developments such as the Clark Multi-Specialty Medical Center and the Pampanga Provincial Hospital.

The Freeport hosted 1,285 locator companies as of year-end 2025 and generated 151,593 jobs as of April 2026, reinforcing Clark’s role as a major destination for investments, manufacturing, logistics, aviation, healthcare, information technology, tourism, and other high-value industries.

CDC manages a 4,400-hectare Freeport and Special Economic Zone, with 3,462.53 hectares under contracted arrangements, including lease agreements, joint ventures, memoranda of understanding, road networks, and designated open spaces. Across these contracted areas, Clark achieved an average investment density of approximately ?1.07 million per hectare and supported an average of 43 jobs per hectare, demonstrating the productive and efficient use of economic zone assets.

Clark likewise continued to strengthen its role as an export platform, recording US$1.48 billion in export value during the first quarter of 2026.

The expansion of economic activity has been matched by stronger corporate performance. CDC’s gross revenues increased from ?5.26 billion in 2022 to ?6.83 billion in 2025, while net income grew from ?2.19 billion to ?3.81 billion over the same period.

These results reflect CDC’s dual role as both investment promotion agency and estate manager. Through strategic land management, infrastructure development, business facilitation, and investor support, the corporation continues to attract capital, enable enterprise growth, create employment opportunities, expand exports, and generate revenues that directly benefit the National Government.

Clark’s experience demonstrates how responsible economic stewardship creates a virtuous cycle: investments generate businesses, businesses create jobs, jobs strengthen communities, and sustained economic activity produces fiscal returns that support national development.

Today, Clark stands as one of the Philippines’ premier economic centers-where ?372 billion in investments, more than 151,000 jobs, and ?8.092 billion returned to the National Government illustrate how effective governance and strategic economic management translate into measurable and lasting public value.

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