lark Development Corporation (CDC) is a government agency tasked to manage the Clark Freeport and Clark Special Economic Zone – two contiguous areas in Pampanga and Tarlac that are considered as one of the fastest growing investment destinations in the Philippines today. While CDC is a subsidiary of the Bases Conversion Development Authority, it enjoys full autonomy to enter into contracts, grant permits and licenses, build, operate and regulate utilities – among other tasks in its mandate under Republic Act 7227 or the Bases Conversion Law and other pertinent Presidential and Executive issuances.CDC oversees the day-to-day affairs in Clark, ensuring that a viable business environment is enjoyed by locators and investors, employees, residents, local communities and all other stakeholders.This is achieved through the implementation of sound policies that help create profitable business climate inside the Freeport while helping boost the economies of local communities in and around Clark area.CDC has a responsive bureaucracy that is made up of business professionals and top caliber employees. Its organizational structure has been tailored to serve the needs and demands of Clark locators while upholding the interests of the government at the same time.
Philippine president Rodrigo Duterte is allegedly planning to fire the head of the Clark Development Corporation (CDC) for “corruption,” The Rappler reports. Duterte reportedly voiced his intentions to sack CDC boss Noel Manankil during the National Economic and Development Authority (NEDA) Board meeting earlier this week, according to sources speaking to Rappler. The sources said […]
Ray Junia, chairman of the Road Users Protection Advocates (RUPA) has urged authorities to investigate Transportation Secretary Arthur Tugade in connection to illegal online gambling operations in Clark Freeport in Pampanga. According to Junia, it was during Tugade’s term as head of Clark Development Corp. (CDC) when Jack Lam, one of Asia’s biggest gaming moguls, […]