Clark Freeport and Special Economic Zone

Freeport and special economic zone in Central Luzon, Philippines From Wikipedia, the free encyclopedia

Clark Freeport and Special Economic Zonemap

Clark, officially known as the Clark Freeport and Special Economic Zone (CFEZ) and Clark Development Corporation (CDC),[3] refers to an area in Central Luzon, Philippines.

Quick Facts Country, Region ...
Clark
Clark Freeport and Special Economic Zone
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Main gate of the Clark Freeport Zone in Angeles City
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Motto: 
Clark: It works. Like a dream.[1]
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Location of Clark Pampanga and Tarlac
OpenStreetMap
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Clark
Clark
Location in Luzon
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Clark
Clark
Location in the Philippines
Coordinates: 15.18493°N 120.5394°E / 15.18493; 120.5394
CountryPhilippines
RegionCentral Luzon
ProvincesPampanga and Tarlac
Cities and municipalities (portions)Pampanga
Tarlac
EstablishedApril 3, 1993
Government
  TypeGOCC
  BodyCDC Board of Directors
  ChairmanAtty. Edgardo Pamintuan Sr.
  President and CEOAtty. Agnes VST Devanadera
Area
  Total
320.6 km2 (123.8 sq mi)
Time zoneUTC+8 (PST)
Catholic dioceseRoman Catholic Archdiocese of San Fernando (Angeles, Mabalacat, and Porac, Pampanga)
Roman Catholic Diocese of Tarlac (Bamban and Capas, Tarlac)
Websitewww.visitclark.com and www.clark.com.ph
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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.[4]

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.[5]

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.[6] The Clark Development Corporation, a subsidiary of BCDA was founded to oversee the development of the area in the same year.[7] 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.[8]

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.[7]

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.[6]

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.[9]

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.[10]

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".[11] 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.[12]

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).[13]

More information Position, Name ...
Members of the Clark Development Corporation[14]
Position Name
Chairman of CDC Thumb

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
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Districts

Since the reorganization in 2018, there are four districts in Clark.[11]

See also

References

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