Clark Development Corp. (CDC) said Wednesday that internal trade within the Clark Freeport Zone reached P4.55 billion in its first year under the Business Interdependence System (BIS).
The BIS, launched in 2024, tracks and facilitates business-to-business transactions among locators to encourage local sourcing of raw materials, packaging, construction inputs, food supply and manufacturing components that would otherwise be imported or purchased outside Clark.
CDC chairperson Edgardo Pamintuan said modern development thrives on interdependence, noting that Clark’s progress is anchored on its locators and investors.
“For decades, Clark has been building a legacy – strategic infrastructure, ease of doing business, and sustained growth. But the true strength of this economic zone lies in you: our locators and investors,” he said.
The system is evolving into a policy-oriented platform that will guide supplier matching, performance tracking and investment-driven reforms, the CDC said. It is also expected to help create predictable outcomes for investors through clearer standards on supplier accreditation and trade facilitation.
“Interdependence has bonded our locators together, creating new alliances and shared strength. The BIS ensures that what one locator needs, another can supply, right here in Clark,” a company representative said.
The representative stressed the value of collaboration, saying companies should regard local sourcing as a strategic advantage rather than just a procurement option.
The next phase of the BIS will expand local supplier participation in 2026 and deepen intra-zone linkages to maximize the Freeport’s collective economic value, CDC said.
CDC and the Incheon Free Economic Zone (IFEZ) of South Korea signed a memorandum of understanding (MOU) to strengthen regional investment and technology exchange.
