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Home Spotlight 2021 Year-end Report: PH Moving Forward

Clark: a preferred business and leisure destination

Manila StandardbyManila Standard
December 24, 2021, 1:50 am
in 2021 Year-end Report: PH Moving Forward, Spotlight
Reading Time: 3 mins read
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Clark Freeport Zone remains to be one of the most preferred investment and tourism destinations across Asia Pacific Region today.

Located at the heart of Central Luzon Region in 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 of development, it is a home to numerous top-notch and multinational companies involved in manufacturing, logistics, tourism, information communication technology, and aviation- related industries among others. Industry leaders that are currently in Clark include Global Gateway Development Corporation, Yokohama, SFA Semicon Philippines, Donggwang Clark, Widus Philippines Inc., and Texas Instruments among others.

The favorable climate for business in Clark makes a total of 1, 231 locator firms in the Freeport enjoy competitive investment incentives. Some of these are exemption from tax and customs duties, duty free importation, free flow of goods and capital equipment, 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 are at par with global standards. The Freeport takes pride in providing reliable energy source, high quality water supply, and advance telecommunications system for the comfort of all its stakeholders.

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Continuous growth in the number of companies has also allowed the creation of more jobs and opportunities for 118, 192 highly-skilled and proficient workers.

Aside from being an ideal investment hub, the Freeport is also a favorite tourism destination by travelers and guests from around the world. Its own aviation gateway—Clark International Airport —provides global linkage and offers convenience to both business and leisure travelers. The newly constructed second airport terminal which can accommodate an additional 8 million passengers annually will also usher in a better passengers’ experience. And because of the expected influx of tourists in the coming years, major companies on tourism-related industries have turned to Clark to provide services for both local and international guests.

Clark is envisioned to be a premier Meetings, Incentives, Conferences, and Exhibits (MICE) destination with its growing number of hotel rooms, conference sites, and exhibit centers. Globally – acknowledged brands like Marriott and Hilton are only few of the numerous state-of-the-art hotels and accommodation facilities present in the Freeport.

Its vast green spaces, and sports-friendly roads and environment make it a suitable venue for various athletic activities. Recognized by the Philippines Sports Tourism Awards (PSTA) as the ultimate Sports Destination for year 2015 and 2019, Clark has already conquered the international stage as it served as the official venue of the 30th Southeast Asian (SEA) Games in the Philippines in 2019.

These and all the other upcoming developments in Clark will definitely make it a by-word in the investment scene and an area of choice by people from across the globe on their next business and leisure adventure. Want to shape your future in Clark? Let’s make your dream work! Know more about this premier investment and tourism destination by visiting www.clark.com.ph or email info@clark.com.ph

Tags: Asia Pacific RegionClark Freeport Zoneinvestmenttourism destinations
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