Clark Development Corporation (CDC)

The Clark Development Corporation aims to develop the Clark Freeport Zone. This freeport zone is a redevelopment of the former Clark Air Base, turning it into “the most competitive international service and logistic center in the Southeast Asian Region”. Companies who will be setting up business within the CDC area are entitled to advantages and incentives including:

• Unrestricted access to the Clark Freeport modern aviation complex

• Modern Telecommunication Facilities

• Advanced Power and Water Supplies

• Modern Waste Management Facilities

• Road Networks and Other Infrastructures.

When registered in Clark with the CDC, the following tax incentives are made available to your company:

• Tax waivers and foreign and local companies

• Provisions for 100% foreign ownership in most industries

• Ready pool of proficient English-speaking workers

• Competitive lease rates

• Unrestricted access to technology parks within the ecozone.

The Clark Freeport offers equidistant travel time in Asia as it takes only somewhere between one and a half to four hours to reach other major Asian destinations.