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Friday, March 29, 2024

Korean firm set to open Duty Free outlet inside Clark

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Duty Free Philippines Corp. signed a partnership with Donggwang Clark Corp., the Philippine subsidiary of Sun Valley Group of South Korea, to open a Duty Free outlet at Hilton Sun Valley Resort inside the Clark Freeport Zone.

The agreement will launch the construction of a 370-square-meter outlet operated by DFP and  designed and constructed by DCC.

The outlet which is expected to open in the first quarter of 2020 will be the second DFP store in Pampanga province in addition to a branch at Clark International Airport.

“This partnership is part of our ongoing efforts to accelerate DFP’s presence in major tourism and economic destinations to tap the increasing number of foreign tourists and expatriates in the country,” said Duty Free Philippines chief operating officer Vicente Pelagio Angala.

“We strategically chose the location at an integrated tourism estate that includes condo units and commercial spaces,” said Angala.

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The said outlet will highlight Filipino export-quality products through Go Lokal! kiosk and regular tax-exempt items such as perfumes and cosmetics, health and beauty, fashion, confectioneries, liquor, and tobacco.

Angala said they would work on partnerships with the organizers of international events hosted in Clark.

DCC committed to supporting the business operations of DFP through advertising and marketing efforts and gift certificates as giveaways to their hotel and casino guests.

Clark Freeport Zone is becoming the next economic haven of Luzon with unprecedented gains in investments, revenues, employment and other significant achievements.  

Clark Development Corp. said locator-firms in Clark Freeport Zone reached 949, most of them in the information communication technology, service and developers’ industries. Employment in the Freeport exceeded 108,000 jobs.

Passenger traffic at Clark International Airport in 2018 hit the 2.5-million mark supported by 390 domestic and 184 international flights weekly.  

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