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Sunday, December 10, 2023

Clark investments hit P5.57b as of June

THE Clark Development Corp. (CDC) has P5.57 billion in investments as of June, its president and chief executive officer Agnes Devanadera on Friday said.

“We have the P5.57 billion in investments as of the end of June. This is our contribution to the country and there is the support to the call of the President to take good care of the investors,” she cited at a media briefing organized by the Philippine Information Agency.

“We have remitted P1.2 billion in May to the national government as our dividend. That represents 50 percent of our net income. That is how big our contribution is,” Devanadera said.

“We do the land use plan. We maintain the environment and the most important here now, is to be able to maintain and support our locators for investments,” she added.

The country’s international airport has been made more accessible and enjoyable, the official also said.

“We have the Skyway, TPLEX, SCTEX, NLEX and we have the major arteries that are being made. The railroad system will start from Calamba in Laguna to Clark,” she cited.

“There are 1,137 locators for now, a total manpower of 127,509.

This is the just the regular workers. It does not include the construction workers, the outsource employees and all the casual employees. There is very much to be found in Clark,” Devanadera said.

The total of 127,509 workers is not the entire population of Clark.

Devanadera said out of the entire 30,000 hectares of Clark’s total land area, only 4,000 hectares have used by the Clark Ecozone.

Another 10,000 hectares land area is available but not everything is ”buildable,” she said.

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