Clark Freeport Zone remains today one of the most preferred investment and tourism destinations in the Asia-Pacific region.
Located in the heart of the central Luzon region of the Philippines, Clark is strategically located in a higher land area that is sustainable, resilient, and less susceptible to earthquakes and floods.
As a prime location for development, it is home to many prominent multinational companies involved in manufacturing, logistics, tourism, information and communication technology, and aviation related industries, among others. Industry leaders who are currently at Clark include Global Gateway Development Corporation, Yokohama, SFA Semicon Philippines, Donggwang Clark, Widus Philippines Inc., and Texas Instruments, among others.
The favorable business climate in Clark means that a total of 1,231 freeport locating companies benefit from competitive investment incentives. Some of them are exemption from taxes and customs duties, duty-free importation, free movement of goods and capital goods, special visas and work permits for foreign nationals , and up to 100% foreign ownership.
Apart from this, thriving business operations are complemented by utilities that meet global standards. The Freeport prides itself on providing a reliable source of power, a high quality water supply and an advanced telecommunications system for the convenience of all of its stakeholders.
The continued growth in the number of businesses has also created more jobs and opportunities for 118,192 highly skilled and skilled workers.
As well as being an ideal investment center, the Freeport is also a favorite tourist destination for travelers and guests from around the world. Its own aviation gateway, Clark International Airport, provides a global link and provides convenience to business and leisure travelers. The newly constructed second airport terminal, which can accommodate an additional 8 million passengers per year, will also usher in a better passenger experience. And due to the expected influx of tourists in the coming years, major companies in tourism-related industries have turned to Clark to provide services to local and international customers.
Clark is said to be a premier Meetings, Incentives, Conferences, and Exhibitions (MICE) destination with its growing number of hotel rooms, conference venues, and exhibition centers. Globally recognized brands like Marriott and Hilton are just a few of the many state-of-the-art hotels and accommodation facilities present in the Freeport.
Its vast green spaces, its roads and its environment conducive to sport make it a suitable place for various sporting activities. Recognized by the Philippines Sports Tourism Awards (PSTA) as the ultimate sporting destination for 2015 and 2019, Clark has already conquered the international scene as it served as the official venue for the 30th Southeast Asian Games (SEA) for Philippines in 2019.
These and all other upcoming developments at Clark will certainly make it a keyword in the investment scene and an area of choice for people around the world on their next business and leisure adventure. Want to shape your future at Clark? Let’s make your dream come true! Learn more about this premier tourism and investment destination by visiting www.clark.com.ph or by emailing [email protected]