“I dare you to join Government, to work side by side with the people who are

paid a fraction of what they’re worth in the private sector, and are only noticed when

things go wrong, or move too slowly – even if it’s not their fault. I dare you to be part

of a machine so old, so vast and cumbersome, that no amount of grit, or pluck, or smarts,

or hacker-DNA will make it move one bit faster than it’s ready to.

“I dare you to risk something, to allow your idealism to be tarnished;

your heart to be broken; the fight in you to die; just a little, when you realize

that change – the really game-changing, life-affirming, inspirational change – that you’re

after isn’t going to be accomplished in a year, or two, or sometimes even five …

That if you’re lucky, it might only be accomplished in your lifetime, or your children’s – and

in spite of that, still come to work everyday, deciding that it’s worth it.

“Come talk to me when you’ve done that or have at least tried.”

-- Joan Cybil Yao - DTI

Scope of the Report

Page

1. Message from the President & CEO 4

2. Financial Performance/Improvements 5

3. Administrative Performance 7

4. Business Development Highlights 10

5. Trade Facilitation Highlights 13

6. Tourism Highlights 18

7. Infrastructure Improvements 21

8. Initiatives to Address Climate Change 23

9. Development and Strengthening of Human Capital 27

10. Inclusive Growth Through CSR 29

11. APEC Related Initiatives 34

12. 2015 Information Technology Initiatives 36

13. Recovery of Lands / Revival of Projects 40

14. Improving Security 41

15. Legal Highlights 42

16. Executive Summary 45

17. Board of Directors 51

18. 2015 Audited Financial Statements 62

19. Performance Scorecard 69

20. Prayer 70

Page 3
 MESSAGE FROM
THE PRESIDENT
& CEO

This year has proven to be both a challenge and a success in building a bridge that would link
developments from the past years with the visions CDC holds for the future. By making talents and
skills a strategic priority in our Corporation, we have been able to exceed the goals set for this year.
This is truly a remarkable endeavor given that achievements over the last years were already very
laudable.

The highlights of this year’s achievements can be attributed to human capital and robust inclusive
growth, not to mention the programs that addressed climate change, amongst others. The
collaborative effort exerted by each member of our team paved way for the developments in the
Clark area in terms of employment, technology, and a greener environment. The annual report
presents how Clark met what was expected of it, and more. Net Income is at PhP 697 Million, 26%
higher compared to that of 2014’s and 15% more than what was expected for this year. For 2015,
employment has reached an astounding 82,382.

As a cliché goes: hard work pays off. During the latter part of the year, CDC had been recognized
and won in the Executive Leadership Team Category both in the government and private sectors.
This only goes to show that what defines the difference between success and failure is the great
team behind it: competent, daring, and caring. This is the kind of team that makes up the Clark
Development Corporation.

Despite all these accomplishments, our workforce still strives to develop and/or come up with new
ways in which we can boost our economic productivity. In keeping pace with the demands of our
time, we must continue the run toward our Corporate visions, with our improved methods. True
enough, Clark is now globally competitive. It is exhilarating to discover how much more we can do
to surpass our latest developments and accomplishments. I believe that what we’ve accomplished
thus far is only a fraction of our whole potential. With the promising advancements in technology
and infrastructures in the following years, I have little to no doubt that Clark will continue to grow
to be even more in the global market. The best is yet to come.

ARTHUR P. TUGADE
President and CEO

Page 4
 Corporate Objectives
To utilize the best practices in good governance to achieve economic growth, generate employment
opportunities, cultivate an environment for balanced and inclusive development with the physical
and human resources of the Clark Freeport Zone.

Corporate Governance
The strategy of culture and values transformation for CDC and giving emphasis on the “ways of
doing things” coupled with corporate principles such as transparency, accountability, and
professionalism paved the way in cementing the foundations of good governance.

This was the platform espoused by the new leadership when it assumed office more than three (3)
years ago. Simple as it may initially sound, the sustained exemplary performance in 2013 to 2015
proved its effectiveness. With the CDC Board of Directors’ enlightened leadership and direction
towards effective good governance, expectations are high that the coming years will sustain what
has been started in 2013 through 2015.

Further, significant changes in our corporate polices and structure, organizational reforms,
strengthened and sustained good governance undertakings, and best practices for policies and
procedures have been put in place and institutionalized, leading to a more efficient, transparent,
and accountable organization.

Whistle–Blowing Policy
While Clark Development Corporation is in the process of securing the approval of its own whistle
blowing policy, CDC has created a link at its website wherein the public can submit their issues,
concerns and complaints regarding CDC employees directly to the Governance Commission for
Government Owned and Controlled Corporation (GCG).

Page 5
 Financial Performance/Improvements
Based on unaudited financial statements for the year 2015, CDC posted the Highest Revenue of
PhP 1.554 Billion, Highest Net Income of PhP 697 Million and Highest Cash Position of PhP 2.33
Billion.

REVENUES
(in Billions PhP) NET INCOME
(in Millions PhP)

2015 gross revenues of PhP 1.554 Billion

is 12% higher than the actual for 2014 of Net income for 2015 is PhP 697 Million
PhP 1.39 Billion. which is 26% higher compared to 2014
actual performance of PhP 554 Million.

Revenues for 2013 to 2015 accounts to

28% of the aggregate revenues for the last Net income from 2013 to 2015
20 years. surpassed the combined net income in
the past 17 years (1996-2012) by 10%.

For the last 3 years (2013-2015), average

revenue per year is PhP 1.39 Billion, Of the total aggregate net income for the
which is more than twice the average for last 20 years, the 2013 to 2015 net
the years 1996 to 2012 (17 years) of PhP income of PhP 1.58 Billion represents
622 Million. 52%.

Page 6
CASH POSITION
(in Billions PhP)
The 2015 ending cash level of PhP 2.127
Billion, net of BCDA funding for the
power infrastructure, is 12 times more
than the 1996 ending cash level of PhP
173 Million.

The 2015 cash level is also almost twice

the 2012 ending cash level of P1.099
Billion, net of BCDA funding.

REMITTANCE TO THE NATIONAL

The yearend 2015 Cash Position which
is duly supported by bank and financial
documents improved slightly by 2%
compared to 2014 figure. This is after
payment of cash dividends,
infrastructure projects, and retirement
pay, among others.
GOVERNMENT
CDC remitted to the government a record
total of PhP 400 Million cash dividends in
2015, again the highest single-year
remittance so far. From 2013 to 2015, total
cash dividends paid is PhP 720 Million, or
53% of the total remittances to government
since 2006.

Page 7
 Administrative Performance
CDC Strategic Planning Conference with participants wearing the Themed T-Shirts “ISANG PUSO, ONE
DIRECTION” which signifies Oneness and Unity of the Management Team
CDC top management has conducted the 2015
Strategic Planning Conference last July 09 –
11, 2015 at the Green Canyon Resort, Sacobia
Area, Clark Special Economic Zone. Members
of the Management Committee and heads
from strategic departments participated in
the 3-day strategic planning session. A review
of the 1st half of 2015 performance were
presented and reviewed. Projects on the
pipeline as well as those scheduled for
implementation for the 2nd half were also
presented and discussed. Finally, the
performance targets and budget for 2016
were presented, discussed, validated and
scrutinized for finalization by the
participants.
One highlight of the conference is the wearing
of the themed t-shirts “Isang Puso, One
Direction” signifying commonality, always on
time, walk in one direction, synchronization,
oneness and unity of the management team. A
challenge to the TEAM to be ONE.
A reorganization of the CDC organizational
structure was undertaken and completed in
November 27, 2015 reducing the number of
plantilla positions from 1,013 in December
31, 2012 to 725. The position classifications
prescribed by the Governance Commission
for GOCCs were also adopted in anticipation
of the expected implementation of the
Compensation and Position Classification
Systems for GOCCs in January 2016.
CDC has also partnered with the Center for
Labor Education, Advocacy Research and
Development, Inc. for the development of the
Competency-Based Human Resources
Management and Development Manual which
was completed in December 2015.
The manual will serve as the basis for
determining the level of competence of all
CDC personnel in 2016.
The Corporation has also embarked in the
development and strengthening of human
capital. CDC has approved and implemented
a Masters in Management program where
work programs relative to the development of
the management capabilities of employee
scholars are undertaken. A customized
Masters in Ecozone Management will be
developed in 2016 applicable in the
management of Freeport and Special
Economic Zones.
A total of 146 employees were sent to 73
public trainings aimed to improve work
performance and efficiency. An additional
142 personnel were also issued certificates of
attendance from the echo seminars conducted
by attendees to public trainings.
Gender and Development programs were
undertaken allowing free access of 25,902
women to the Clark museum and 4D Theater
from August to December 2015 with an
equivalent amount of Php 3,885,300.00. In
Page 8
partnership with the Civil Service
Commission Regional Office No. 3, ten (10)
sessions on Violations against Women and
Children and Anti-Sexual Harassment in the
Workplace were held on October 23, 28,
November 4, 11 and 25, 2015, 9:00 a.m. –
5:00 p.m., at the Mimosa Convention Center
and Hilltop Function Room, to promote
gender awareness among CDC officers and
employees on the rights of women and
children and work relations with female
colleagues.
Consistent advocacy to transform workplace
ethics and culture through the
implementation of the following policy
measures:
a. Customer service with a smile.
b. Punctuality of the Management Team
by reporting for work before 8:00 a.m.
and leaving the office after 5:00 p.m.
c. “Bawal humingi o tumanggap ng suhol
o regalo.”
d. “Ang tsismoso ay pang kalaboso, ang
intriguero ay pang impyerno.”
e. “Hindi pwede ang pwede na”
f. “If you don’t have anything good to
say, just keep quiet.”
g. Acapela singing of the Philippine
National Anthem and sharing of
employees on culture and values in the
workplace during monthly flag raising
ceremony.
h. Conduct of meetings before and/or
after office hours to maximize
performance of government services.
i. Mentoring responsibility and sharing
of common information for effective
resolution of corporate issues
CENTRALIZED WAREHOUSE
MANAGEMENT
a. Conducted and completed the
following:
 inventory and turnover of residual
construction materials from
various stockroom formerly under
the custody of ECMD;
 initial inventory for the newly
turned-over moveable assets and;
 routine monthly and weekly
inventory;
b. Transferred the inspection and
acceptance of supplies/material
deliveries and subsequent issuance of
the office supplies, printable
requirements, office equipment
peripherals, vehicle parts, medical
supplies and equipment, etc. at the
former Jacinto Bldg.;
c. Facilitated the transfer/donations of
supplies/moveable properties to
various government agencies such as
the 7th ID Philippine Army, Mabalacat
City Colleges, City College of Angeles,
and the Municipalities of Bamban,
Capas, Porac, and other LGUs and
schools;
d. Endorsed two (2) lots of scrap
materials to the Disposal Committee
for bidding. The lots cleared for
disposal have a combined value of PhP
4.06 million based on the assessed
value of the Commission on Audit
(COA).
CLARK DEVELOPMENT CORPORATION
WAS CONFERRED A CONFIRMATION
LETTER RECOMMENDED FOR
ISO9001:2008 CERTIFICATION
Awaiting the awarding of the actual
ISO9001:2008 Certificate by the Certification
Body (TUV Rheinland Philippines, Inc.), CDC
received last December 16, 2015 a
Confirmation Letter affirming that it has been
audited on December 01 – 02, 2015 and
recommended for ISO9001:2008 Certification
for the following scope: “Provision of
Business Development, Business
Enhancement and Zone Management
Services.”
The Confirmation Letter is virtually an
ISO9001:2008 Certification and an
achievement that CDC is particularly proud of
as it demonstrates commitment in providing
the highest quality services beyond
expectation to stakeholders, in particular to
its locators.
Page 9
CDC’s journey towards achieving
ISO9001:2008 Certification started as early as
April 2014 when it engaged the services of a
professional ISO practitioner for ISO
awareness; and the consultancy engagement
of Development Academy of the Philippines
(DAP) which started in November 2014 for
the conduct of initial gap assessment,
technical guidance on documentation, Quality
Management System (QMS) implementation
and checking, internal quality audit (IQA),
management review and finally the final
gap/readiness assessment. Prior to
presentation of CDC to the Certification Body,
the QMS team which the management formed
has undertaken hours of preparation of
documentation aligned with ISO standard,
training of IQA and actual audit of processes
based on the QMS model.

Providing quality service is CDC’s quality

policy. The ISO-QMS accreditation shows just
how far CDC goes in ensuring the best quality
services to its stakeholders.

CDC BAGS TOP PLUM IN ASIA CEO AWARDS

category were titans in the business world

Clark Development Corporation won this
year’s Executive Leadership Team category in
the prestigious Asia CEO Awards, besting
other top corporations both in the
government service and private sector.
The Asia CEO Awards, held last November 11,
2015 in Manila, is presented by PLDT Alpha
Enterprise. It is considered the largest event
of its kind in the Philippines and one of the
largest in Asia. Among the finalists in the said
and government agencies with national scope.
They include Concepcion Industrial Corp.,
Hedcor, Inc., Integrated Micro Electronics,
Inc., Magsaysay Maritime Corp., Megaworlds
Corp., PAG-IBIG Fund, Philex Mining Corp.,
Pointwest Technologies Corp., and Security
Bank Corp. CDC President and Chief
Executive Officer Arthur P. Tugade, who is
also among the finalists in the Global Filipino
Executive of the Year category, attributed the
recognition to the support of all officers and
employees of CDC.
Page 10
Business Development Highlights
LOCATORS PER YEAR ACTUAL EMPLOYMENT PER YEAR

PROJECTS SIGNED

Committed Investment
Committed Employment
Type of Lease in US $ Million

2015 2014 2013 2015 2014 2013

Direct Leases 303.60 188.67 58.10 4,886 75,672 10,722

Subleases, and
Memorandums of 50.08 88.48 66.85 8,782 8,638 8,357
Agreement

Total 353.68 277.15 124.95 13,668 84,310 19,079

CONTRACT SIGNING

Contract signing between CDC and GZTPAI Contract signing between CDC and LGC Automotive
Services Inc.

Page 11
The following are the Breakthrough Projects
for the year:

 Nanox Philippines Inc.’s Expansion Project

(6 Has) with committed investment of US$
760 million
 Widus International Leisure Inc.’s
Expansion Project (3.2 Has) with
committed investment of PhP 4 billion
 PLDT Clark Telecom, Inc.’s establishment
of a Data Center Facilities infusing
additional investment of PhP 1.3 billion INBOUND INVESTMENT MISSIONS
 Donggwang Clark Corporation’s
additional project activity infusing CDC, through outbound missions to promote
additional investment commitment of PhP Clark together with the rest of the Investment
3.4 billion. Promotions Agencies (IPAs) under the
 Global Zoo and Theme Park Alliance Inc. Philippine Investment Promotions Plan (PIPP),
(GZTPAI) with committed investment of has been aggressively receiving several
PhP 135 million (20 has.) inbound investment missions by prospective
investors from several countries, interested in
locating in Clark, as follows:
Another economic indicator that measures the
trust and confidence as well as the level of
satisfaction of investors is the number of
expansion projects being undertaken.

For the Clark Freeport Zone, the increasing

number of expansion projects as illustrated by
the four companies above as well as similar
expansion projects with Eagle Sky Gaming and
Phoenix Semiconductor are testament to the
good governance and quality of service made
by CDC employees in addition to the
Freeport’s strategic location, quality of
workers, live-work-play environment, safety
and security and incentives that make each Singaporean Ambassador to the Philippines and
locator happy. Singaporean Businessmen (Singapore) May 8, 2015

Massachusetts Institute of Technology (USA)

January 19, 2015

Page 12
INBOUND INVESTMENT MISSIONS JOBS FAIRS

Jobs Fair on November 27, 2015

Country Number of Delegates
Total No. of Participating
USA 14 57
CFZ Locators
Japan 12
Total No. of Job Vacancies 9,107
Korea 51
Total Applications
Singapore 42 5,350
Received by Companies
Taiwan 27
China 7
United Kingdom 2
Palau 50
Others 86
Total 291

Statistics
Particulars
April 2015 Last year
VISA MONITORING AUDIT
Total No. of
Participating 46 51 Active
CFZ Locators Locator
Expats

Total No. of FS Phil. Corp. 43

4,788 3,978
Job Vacancies Jisen Tourism 97
Total Eaglesky Technology 31
Applications
3,572 2,399 BSD Service Corp. 62
Received by
Companies Next Games Outsourcing 1,437
Total 1,670

Page 13
 Trade Facilitation Highlights
EXPORTS PER YEAR (US$ BILLION)
COMMITMENT TO ENHANCE EASE IN
DOING BUSINESS IN CLARK…
TFD in rendering services to all CFZ
Registered Enterprises and Stakeholders has
initiated several steps in revisiting existing
policies and business processes primarily in
the movement of goods from and to the
Freeport Zone. TFD ensures that existing
policies and procedures are consistent with
existing government rules and regulations.
TFD has continuously built on its mandate to
enhance the business operations of CFZ
Registered Enterprises and Stakeholders and
do away with its regulatory framework to
progressively align TFD’s services with
international standards and be responsive to
the needs of CFZ Registered Enterprises and
Stakeholders.
In the 3rd Quarter of 2015, CDC has released
the Manualization/Codification of TFD
Related Processes. The
Manualization/codification was brought
about by TFD’s desire to consolidate all
existing issuances and processes in one
reference. The TFD Manual was drafted to
become user friendly and easy to follow. To
date, electronic copies of the TFD Manual
were sent to CFZ Registered Enterprises and
Stakeholders. Computer printed copies as
well of the TFD Manual are distributed to CFZ
Registered Enterprises and Stakeholders.
Towards the first quarter of 2016, with TFD’s
implementation of the full-automation of the
Permit to Bring-In and Bring-Out and more
streamlined processes and conduct of
inspection, TFD is ready to roll-out the first
edition of the printed TFD Manual.
Another landmark initiative of TFD is the
Full-automation of Permit to Bring-in and
Permit to Bring-out. Full Implementation of
Electronic Permit to Bring-In and Bring-Out
(e-PBI/PBO) started on 16 December 2015 by
virtue of a CDC Memorandum Circular TFD
Control No. 15-11-14 dated 17 November
2015.
To date, the total numbers of registered active
CFZ Registered Enterprises enrolled at e-
PBI/PBO totaled 211. By the first quarter of
CY 2016, TFD will be fully automated in the
processing of all permits being issued to both
CFZ Registered and Non-registered
Enterprises ensuring faceless transactions
towards full transparency and accountability.
The department has also premiered the
issuance of a number of MEMORANDUM
CIRCULARS to reiterate existing rules and
policies and ensure compliances.
 Memorandum Circular No. TFD 15-12, 11
May 2015 on “Reiteration of the Joint SBMA-
CDC Policy Guidelines Especially on the
Compliance and Procedures of Permit to Bring-
Out of Tax-Exempt Motor Vehicles” pertaining
to enforce the Joint SBMA-CDC Policy
Guidelines on Tax-Exempt Vehicles.
This initiative was made to monitory the
movement of TEVs of CFZ Registered
Enterprises. Also, TFD has closely monitored
the required LTO Registrations and Surety
Bond Requirement of the TEV holders.
Come the January of 2016, TFD shall be
conducting the Annual Inventory of all TEVs
in the Zone. By February 2016, TFD will also
conduct the first ever inventory of all Tax
Exempt Aircrafts in the Clark Freeport Zone.
Page 14
 The Joint-Inventory of TEVs and TEAs shall be
participated by CDC representatives, BOC and
LTO representatives.
 Memorandum Circular No. TFD 15-13, 11
May 2015 on “Reiteration of Policy on
Purchase Sale of Duty and Tax-Free Goods
Within the Clark Freeport Zone” pertaining to
those qualified individuals allowed by law to
purchase duty free items within the Clark
Freeport Zone. Said Circular also emphasizes
that pull-out of duty-free goods from the
Freeport and Special Economic Zones into the
customs territory or the practice of allowing
duty-free operators to sell their goods outside
the Freeport and Special Economic Zones,
even after paying the tax therefor, is
prohibited. Thus, goods that are originally
imported duty free shall only be sold at the
duly authorized duty free shops.
For 2015, there were several Duty Free Stores
who were noted with non-compliances with
the sale of duty free items to unqualified
individuals and those that were exceeding the
threshold limit. TFD was able to collect
penalties from these Duty Free Stores and
monitor their non-compliances.
 Memorandum Circular No. TFD-15-07-07,
29 July 2015, “Trade Facilitation Department’s
Issuance of All Gate/Entry/Exit/Tally-In/Tally-
Out/Bring-In/Bring-Out Pass” pertaining to
permits to bring-in and out, exit passes,
clearance passes and all other permits that
will allow any other equipment, goods,
materials and items to pass through the gates
of Clark Freeport Zone and Clark Special
Economic Zone shall be approved and issued
solely by the Trade Facilitation Department
(TFD). This milestone Circular has changed
the landscape of permit issuance of entry and
exit in the CFZ.
With this additional mandate of catering
TFD’s services to CFZ Stakeholders, PSD
Collections for CFZ Contractors for the
issuance of Temporary Gate Pass (TGP) has
rose by 84.8%. Collections for PSD’s TGP in
the year 2014 was pegged at P493,100.00
while collection for January 1, 2015 to
December 22, 2015 was recorded at
P911,300.00. Thus, TFD being the Permit
Issuing Authority has forced collections of
TGP to soar.
 Memorandum Circular No. TFD-15-09-09,
02 September 2015, “60-Day
Compliance/Amnesty Period on Self
Declaration of Articles Brought Inside the
Freeport Zone” pertains to CDC’s issuance of a
Sixty (60)-Day Compliance/Amnesty Period
for all registered CFZ locators with articles
without the appropriate Permits to Bring-In
(PBI) and without passing through the CDC-
Trade Facilitation Department (TFD) and
Bureau of Customs’ (BOC) mandatory
inspection of inbound goods at the Customs
Clearance Area (CCA). To date, there were
sixty-nine (69) locators who have submitted
their declarations of undocumented articles.
During the 60-day amnesty period, the
corresponding penalties under CDC
Memorandum Circular No. CSD 13-21 on non-
filing and non-inspection of inbound goods
was suspended. CFZ Registered Enterprises
were encouraged to submit sworn
declarations and list of undocumented
articles duly received by CDC-TFD which
served as the Freeport Enterprise’s proof of
compliance in lieu of the required Permit to
Bring-In and mandatory inspection.
This milestone Circular is one example of
CDC’s enhancement function.
 Memorandum Circular TFD Control No.
15-0954, 05 November 2015, “Bring-In/Out
of Articles through Courier Service Providers”
pertains to the required processing of
appropriate Permit to Bring-In and Permit to
Bring-Out in order to facilitate and document
the movement of tax exempt articles in the
CFZ prior to the engagement of courier
providers (DHL, LBC & Fedex).
Said Circular enjoined all courier providers
not to extend their services to locators
without a valid & approved Permit to Bring-In
or Permit to Bring-Out.
 Memorandum Circular No. TFD 15-11-13,
06 November 2015, “Self-Declaration of Vat
Zero Rated Locally Purchased Vehicles”
pertains to the submission of written
declaration of Vat Zero Rated locally
Page 15
 purchased vehicles. Although this Circular
was not clearly taken seriously by CFZ
Registered Enterprises, TFD is bent on
monitoring the availment of the VAT Zero
Rating of all CFZ Registered Enterprises.
 Memorandum Circular TFD Control No.
15-11-14, 17 November 2015, “Full
Automation of Permit to Bring-In & Permit to
Bring-Out”, pertains to CDC’s effort to
streamline procedures and faceless
transaction to a full automation of Permit to
Bring-In (PBI) and Permit to Bring-Out (PBO)
which was to be implemented on 16
December 2015. Manual applications for
PBI/PBO shall be processed only when the
electronic PBI/PBO system is down.
TFD AS BUSINESS ENHANCERS…
Meanwhile, TFD in its relentless efforts to
enhance the ease of doing business in Clark
has tailored-fit TFD policy to CFZ Registered
Enterprises with special/peculiar needs. TFD
believes that a one-size fit all policy is NOT
applicable to all CFZ Registered
Enterprises. As a general rule, all joint-
inspections of cargoes are to be conducted in
the BOC Customs Clearance Area (CCA).
However, in adapting to the diverse needs of
CFZ Registered Enterprises, it has extended
on-site inspections to CFZ Registered
Enterprises which include: Taiyo Nippon,
Foton Motors Phils., Gas Boy, Warehousing
and Trading Companies, Duty Free Stores,
Aviation Related Companies and Tourism
related enterprises.
TFD has also made special working
arrangements with courier providers through
the “Inspect Now, Tag Later Arrangement.”
This arrangement has reduced the processing
and waiting time of courier providers for
outbound cargo where time is of the essence
in catching the day’s flight in NAIA and traffic
posed a major challenge.
TFD in enforcing compliances to existing
rules and regulations has implemented the
“First & Last Approach.” In noting non-
compliances of CFZ Registered Enterprises,
TFD observes due process in enforcing
penalties and sanctions. As a rule, to enhance
business cooperation in existing rules and
policies, CDC has relaxed the imposition of
penalties to first-time offenders. This
relaxation of penalty imposition is however
coupled with the CFZ Registered Enterprises’
undertaking to comply with existing rules and
policies.
Recently, with the noted non-compliances of
locators in TFD’s conduct of random
inventory of CFZ Registered Enterprises’
Capital Equipment, CDC has encouraged the
blacklisting of erring and non-compliant
brokers. This move will set the tone of
brokers dealing with CFZ Registered
Enterprises must act with utmost good faith
and professionalism.
TFD AS PROACTIVE PARTNERS IN CLARK
EVENTS…
In line with CDC’s potential as a tourist
destination and events melting pot, TFD has
embraced its function to facilitate the free
movement of goods and services within the
Freeport Zone. Several events in Clark calls
for TFD’s assistance in the smooth entry and
exit of goods and articles. Notwithstanding
CDC’s Public Safety Department’s deployment
in the CFZ Gates, TFD has actively
participated in the 2015 Clark Events to
extend its facilitation in the movement of
event materials and articles. Among the
notable events TFD has extended service is in
the Fontana Motorama Show, El Kabayo
Sports Fest, Kilton Go-Cart Racing, Clark
Festival, Iglesia ni Cristo Anniversary and
Virgen Delos Reyes Pilgrimage.
TFD IN PARTNERSHIP WITH OTHER
GOVERNMENT AGENCIES…
TFD is in constant coordination with
government stakeholders i.e., BOC, BIR, Subic,
BOI, PNP, etc. in enhancing business process
and bureaucracy cuts in registration and
accreditation requirements of CFZ Registered
Enterprises.
TFD has initiated the request for the BOC
Accreditation with the Bureau of Customs as
well as has continuously lobbied for the BIR-
ICC exemption of CFZ Registered Importers
Page 16
from the Bureau of Internal Revenue. 49 Revenue of TFD Permit/Processing Fees
locators as of 2015 have pending submissions for 2015 amounted to P13,905,127.00 as
for the BIR-ICC requirement. against 2014 with P17,909,162.00. The
decline in the collection was mainly because
To date, CDC has also been active in the of the moratorium on the processing fee for
streamlining and redefining of PNP Required Permit to Bring-In and Permit to Bring-Out.
Clearance for Controlled Chemicals. Come
2016, TFD is hopeful that policies which cater Meanwhile, 3%/4.5% IRR Volume Share of
streamlined processes for CFZ Enterprises CDC from Duty-Free Stores, Warehousing
will be implemented. and Trading Companies for 2015 jumped
from P16,680,040.00 in 2014 to
TFD IN NUMBERS… P24,511,366.00. The 46.95% increase in the
collections was made possible through TFD’s
Although TFD’s core function is the provision efforts in collection IRR Volume Control to
of services to locators, TFD for 2015 has the those CFZ Registered Enterprises mandated
following numbers: to pay.

Penalty collection for 2015 increased by

COMPARATIVE SUMMARY OF
16.18% notwithstanding TFD suspension of
REVENUE FOR
imposition of penalties for the months of
CY 2014 & CY 2015
September and October of 2015 as well as
10,000,000 TFD’s first and last approach to erring and
non-compliant CFZ Registered Enterprises.
5,000,000
TFD has also sent various reminder letters to
-
CFZ Registered Enterprises in the payment of
security seals issued at the CCA. For 2015,
Oct.
July
Apr.
May
June

Aug.

Nov.
Jan.
Feb.
Mar.

Dec.
Sept.

there amount of P39,360.00 represents TFD

REVENUE CY 2014 REVENUE CY 2015 receivables for 2015.

IMPORTS & EXPORTS PERFORMANCE

Compared to year 2014’s TFD’s revenue of
P34,877,702.00, TFD’s total revenue for 2015 Compared for the Year 2014, total export
rose by 11.11% or at P38,751,493, an documentation (e-ED) for the Year 2015
increase of P3,873,791. This figure does not decreased by $ 326M or 7%, i.e., from
account for the implemented moratorium on $4,751M to $4,425M the same with admission
processing fees for 2015-2016 as well as the permit (e-TAP) decreased by $ 294M or 8%,
60-day amnesty period implemented where i.e. from $3,841M to $3,547M.
suspension of penalties was observed.
Comparative Cumulative Summary of Export Documentation (e-ED)
Performance
CY 2014 vs. CY 2015

TOTAL REVENUE CY 2015

$4,800
$4,600
$4,400
$4,200
4,000,000 $4,000
$3,800
$3,600
$3,400 e-ED 2014
3,000,000 $3,200 Cumulative
$3,000
$2,800 `
$2,600
$2,400
2,000,000 $2,200
$2,000
$1,800
$1,600
$1,400 e-ED 2015
1,000,000 $1,200
$1,000 Cumulative
$800
$600
$400
0 $200
$-
July

Oct.
May
June
Apr.

Nov.
Jan.
Feb.
Mar.

Aug.

Dec.
Sept.

Jan Feb Mar Apr MayJuneJuly Aug.Sept.Oct.Nov.Dec.

PERMIT/PROCESSING FEES
3%/4.5% IRR VOLUME SHARE
PENALTY

Page 17
 Comparative Cumulative Summary of Admission Permit (e-TAP)
Performance
CY 2014 vs. CY 2015

$4,400
$4,200
$4,000
$3,800
$3,600
$3,400 e-TAP 2014
$3,200 Cumulative
$3,000
$2,800
$2,600
$2,400
$2,200
$2,000 e-TAP 2015
$1,800 Cumulative
$1,600
$1,400
$1,200
$1,000
$800
$600
$400
$200
$-
Jan Feb Mar Apr May June July Aug.Sept. Oct. Nov. Dec.

On a per sector basis for the Year 2015, the

semi-conductor sector posted the highest
export documentation (e-ED), i.e., at $ 2,584M
(58%), followed by electronics at $ 1,093M
(25%), and manufacturing at $ 426M (10%).
FUEL IN NUMBERS…
For the year ended December 2015, based on
monthly reconciliation held between CDC-
TFD and CPDCI/PTT it appears that there is
no variances found in all daily transactions
and tally both records. For this year, a total of
17,185 CDC Petroleum Gate Pass were issued
to PTT Philippines which was amounting to
Php 1,718,500. It has also incurred an
increase on its product lifting’s for diesel and
unleaded on Bring-In throughput, Local Sales
and Sales within the zone while Jet-A1 and
Constructive Export (Bio Diesel) had lesser
product lifting’s as compared to last year’s
annual report.
INFRASTRUCTURE PROJECTS: WEIGH
BRIDGE OPERATIONS TO BETTER SERVE
YOU…
The Department in coordination with the
Office of the Vice President for Engineering
Services has established the Weigh Bridge
Operations in the Clark Freeport Zone. This
project will ultimately address the inspection
of the cargoes and articles where assessment
of duties and taxes are based on the weight in
measurement. Come 2nd quarter of 2016, the
Weigh Bridge Facility will be fully
operational. TFD at the end of 2015 has
already applied for the provision of TFD
Satellite Office in the Weigh Bridge Facility.
FEEDBACK MECHANISM… A MAJOR
INGREDIENT IN GOOD PARTNERSHIP…
In compliance with the requirements of ISO
9001:2008 and CDC’s desire to improve
services through customer feedback, all
frontline departments requested to ensure
that at least 50% of customers/locators with
permit related transaction or inquiries must
fill up a customer satisfaction survey form
and must be submitted in a sealed envelope to
marketing department.

Raw data and summary of comments out of

140 respondents. Survey was conducted in
random from all concerned departments
(MSSD, HSO, TD, CUPD, TFD) from August to
October 2015.

Finally, continuous dialogue with Clark

Locators and Investor’s Association (CILA)
were made to better understand and address
different concerns of Stakeholders.

Page 18
 Tourism Highlights
19TH PHILIPPINE INTERNATIONAL HOT
AIR BALLOON FIESTA

Page 19
CLARK MUSEUM & 4D THEATER

PARADE GROUND EVENTS

Clark hosted a number of well attended

Tourism Secretary Ramon R. Jimenez Jr. graces
the opening of the Clark Museum
In July 16, 2015, the new Clark Museum and
Clark 4D Theater formally opened to the
public witnessed by distinguished guests,
local executives from various LGUs and
tourism stakeholders led by the Honorable
Secretary of Tourism Ramon Jimenez
Jr. From the time it soft opened in January
2015 until year-end, the Clark Museum and
4D Theater has welcomed a total of 33,739
guests both foreign and local tourists from all
over the country. Of these total, 28,411 pax
comprising senior citizens, persons with
disabilities, women of all ages, children below
3 years of age, employees of Clark locators,
potential investors, among others, were
accommodated FOC as part of the company’s
Corporate Social Responsibility and Gender
and Development programs.
events in 2015, particularly at the historic
Parade Ground. An estimated 45,000
devotees flocked to Clark on September 8,
2015 to witness the 59th Canonical
Coronation of Virgen delos Remedios. Iglesia
ni Cristo’s (INC) historical event dubbed as
“Dakilang Pamamahayag” or Great
Evangelical Mission held on September 26,
2015 had Clark as one of the sites for their
live video feed. This is a worldwide
evangelical mission officiated by INC
Executive Minister Bro. Eduardo V.
Manalo. An estimated 85,000 persons
attended the said event in Clark. Visible
signages were installed along major
thoroughfares to inform the public on these
events. To meet the security requirements as
well as influx of vehicles and attendees, an
efficient security, traffic routing and parking
plan was put in place.

Canonical Coronation of Virgen Delos Remedios

To supplement the visual and interactive

displays, thematic exhibits were lined up
year-round. From July to September 2015, a
science and technology-themed exhibit was
successfully mounted in partnership with the
Philippine Science High School. This was
followed by a fashion-themed exhibit from
October to December 2015 highlighting local
fashion in collaboration with participating
LGU’s such as Aurora province and
Pampanga.
Page 20
 INC’s Great Evangelical Mission

CLARK FESTIVAL 2015

The CDC-initiated annual tourism event

dubbed Clark Festival was held on December
5-6, 2015 at the Parade Ground with
estimated attendance of 23,000
persons. Highlight of this year’s event include
live performances of one the country’s top
band, the Aegis Band, and the coronation
night of the first ever Mr. and Miss Clark,
among other activities, capped by music and
entertainment. Ms. Angela Aninang (Miss
Clark) and Mr. Dankan Manalo (Mr. Clark)
both from Mabalacat City bagged the title and
eventually named as the first tourism
Ambassador and Ambassadress of Clark.

Other activities include pre-Christmas bazaar,

horse quadrille Performance by El Kabayo,
National Milo Marathon Championship,
horseback riding activities, barrel racing car
show, animal show and cultural presentation,
two nights of fireworks display and GV’s
Videoke Idol Season 3 grand finals.

National Milo Marathon Championship

Page 21
 Infrastructure Improvements
1. Design and Construction of New Rotunda 6. Construction of Access Road Leading to T-
along Mac Arthur Highway, Bayanihan 43
Park

2. Constructed the Drainage Re-alignment at

the GCAC Area
7. Constructed the following projects:
3. Rehabilitation of Access Road at Lily Hill Concrete Canal from Panday Pira
Avenue to Dolores Creek (Lower
Dolores Sub-System Section 1)
Improvement of Lakandula Creek

4. Site Development Works for the Truck

Scale Staging Area at IE-5

8. Implemented the following projects:

a. Repainting Works:
Exterior Re-Painting of:
 21 Housing Units along Ninoy
Aquino Avenue
 Bldg. 2129
 Clark Museum
5. Construction of UP Clark Driveway  Health Office
 Barn houses
 PSD Building
 Housing Units along Samat St.
 CDC Guesthouses and White
House
 Chapel II

Page 22
 Repainting of:
 858 Street lighting Poles along
Major Thoroughfares;
 Waiting Sheds;
 SCTEx Underpass along Gil
Puyat, M.A. Roxas and
Friendship Gate
 Steel Billboards
b. Cleanliness Campaign
c. Integrated Warehousing
d. Building and Parks Improvements
Construction of New Comfort Room
at Parade Grounds and Improvement
of Jogging Path;
9. Installation of New Traffic Lights for the
Renovation of Clark Museum;
Construction of New 4D Theater;
10. Basket of Initiatives on Power. As a
Renovation of Bldg. 2098 (Integrated
Operations Command Center) Phase
1
Installation of Garbage Bins at
Bicentennial Park, Children’s Park
and Parade Ground;
Construction of Metal Shed and Re-
Painting of Playground Equipment
Rehabilitation of Playground
Equipment
e. Area Lightings Improvements
Supply and Installation of Area
Lightings at Clark Parade Grounds
Replacement of 23 Units Damaged
Streetlight Poles
Installation of Streetlights along
Lily Hill Access Road and T-43
Access Road
Repair of Streetlights at Clark
North
f. Demolition of Blighted Items
Old Main Gate Structure
Structures in front of Oxford Hotel
Old Mimosa Mart
Former Duty Free Clothing Bldg.
g. Other Improvements
Repair of Concrete Side Walk
Installation of Locator’s Board
Installation of New Street Names
along Major Intersections
following locations:
a) C.M. Recto/M.L. Quezon Intersection
b) C.M. Recto/J. Calvo Intersection;
c) M.L. Quezon/Gil Puyat Intersection;
d) M.A. Roxas/M.L. Quezon Intersection
continuing efforts to reduce the cost of
power, CDC spearheaded the creation of a
basket of initiatives on power to include;
Retail Electricity Supplier (RES) thru
BCDA, Power Supply Agreement (PSA)
with a generating plant, Construction of a
transmission line w/in Clark, Putting up a
Coal-powered power plant, other
renewable energy sources (solar, waste to
energy, biofuel, hydro energy)
Page 23
Initiatives to Address Climate Change
Manualization/Codification of the
Green Architecture Building (Green
Building Code for CFZ).
The objective of which is “To provide a
framework of minimum standards that will
improve resource management efficiency
and minimize the negative impact of
buildings to health and to the
environment.” Efforts on this includes
provisions and initiatives on roof solar
power system, rain catchment and
utilization system, decorative
blocks/pavers for surface run-off
reduction, and other projects that will
minimize the impact of climate change.
Coverage includes the following:
Energy Efficiency
Water Efficiency
Material Sustainability
Site Suitability
Solid Waste Management
Indoor Environment Quality
Roof Solar Power System in Clark
Decorative Blocks/Pavers
Hazard Mapping
On-going efforts for the formulation of CFZ
hazard mapping (earthquakes, typhoons, and
landslides, including structural).
Regular monitoring of land movements
(erosions) including tree care
management, drainage and hydrants
Regular monitoring and maintenance of trees
is being done as well as the monitoring of
land movements (erosions) due to the
continuous land development of new and
expanding locators of CFZ.
Approval to house the Philippine Disaster
Relief Foundation (PDRF) Headquarters
Approval to provide the Philippine Disaster
Relief Foundation (PDRF) facilities (buildings
and facilities) as office/headquarters of the
foundation.
Regulate Carbon Footprints
Strict implementation of the Anti-Smoke
Belching Law
CFZ Integrated Transport System which
focuses on the use of electric vehicles as a
mode of public transportation within Clark.
Page 24
Tree Planting Activities and Seed
Dispersal Program
Through the efforts of the environmental and
CSR departments, continuous programs and
projects related to tree planting activities
(CDC, locators, environmental groups) as well
as seed dispersal programs as part of the CSR
projects are being done among the contiguous
area of Clark as beneficiaries.
Support to Power Projects using
Renewable Energy Sources
As part of the Basket of Initiatives on Power,
full support is given to power projects using
renewable energy sources which addresses
the power requirements of the Freeport with
almost zero carbon footprints such as Solar
energy, Waste - to - energy, Bio - fuels, and
Hydro energy.YTPI Tree Planting Activity
Ban of Plastics and Polystyrene
(styrofoam)
CDC issued a Memorandum Circular No. 15-
25-15 dated December 18, 2015 to all
stakeholders in Clark i.e. locators, residents,
Philippine Air Force, SM City Clark, Bayanihan
Stalls, and government entities for the total
ban on the usage of plastics and polystyrene
(styrofoam) and promoting the use of eco
bags and other environment-friendly
packaging materials and containers.
Knowingly, plastics and styrofoam generate
huge amount of carbon footprint from
manufacturing, transport, recycling, and
disposal that contributes to climate change.
The implementing guidelines provides
prohibited and regulated uses of plastics and
styrofoam while promoting the use of eco-
bags or reusable bags made of coco
cloths/katsa, woven bayong, and others. CDC
will implement fully the ‘no to plastic’ use on
April 21, 2016 coinciding with the celebration
of the Arbor Day.
Moreover, biodegradable plastics and greener
alternatives to styrofoam such as corn-based,
fiber, pulp, biodegradable styrofoam, reusable
food containers, and other similar materials
will be promoted by CDC.
Based on the circular, a plastic bag commonly
known as sando bags maybe used as primary
packaging material only for wet goods. Use of
plastic bag shall be optimized based in the
size and volume of wet goods.
Anti-Smoke Belching Campaign
Hybrid E-Road Train launching in Clark with Sec. Mario
Montejo of DOST
Smoke emissions from mobile sources (motor
vehicles) especially diesel-burning engines are
the major cause of air pollution in the
country. It has huge amount of carbon
footprint that greatly contributes to climate
change aside from its adverse impact on
human health. Smoke-belching vehicles emit
number of toxic gases that blend into the
atmosphere. It is caused by the incomplete
combustion (burning) of fuel in the vehicle
engine, overloading, poor vehicle
maintenance, etc.
CDC is strictly implementing its Anti-Smoke
Belching campaign by apprehending smoke
belching vehicles entering Clark, either
government or privately owned. The Public
Safety Department is issuing Citation Tickets
for smoke belchers (cars, trucks, jeepneys,
buses) plying in Clark. This initiative is in
compliance with Republic Act 8749 otherwise
known as the Philippine Clean Air Act of
1999.
One of the guiding principles of Clean Air Act
is to maintain a quality of air that protects
Page 25
human health while the Government
recognizes that a clean and healthy Methane Recovery and Flaring
environment is for the good of all and should
therefore be the concern of all. It also
recognizes that “polluters must pay”.

Tree Inventory

CDC issued a Memorandum Circular No. 15-

10—11 dated September 29, 2016 to all
locators for the conduct and submission of a
tree inventory report to CDC. This is in view
of Executive Order No. 26 signed on 24
February 2011 by President Benigno S.
Aquino III declaring the implementation of
the National Greening Program (NGP) as a
government priority program to reduce CDC through Metro Clark Waste Management
poverty, promote food security, Corp. is capturing methane gas from the
environmental stability and biodiversity operations of the Sanitary Landfill. Methane
conservation, and enhance climate change gas is one of the most potent greenhouse gas
mitigation and adaptation. CDC will validate (GHG) that destroys the ozone layer, and
and evaluate the submitted inventory reports contributes significantly to climate change.
and will geotag and assess the condition of The captured methane gas is being flared.
each trees. With sufficient volume in due time, MCWMC
will convert methane gas into power
CDC conducted tree inventory on leased and (electricity).
available lease areas. Unwanted or non-
premium tree species or plants are being
removed or earth balled (transferred) to Proper Disposal of Busted Lamps and
make the areas attractive to prospective Bulbs
locator. The green space of the Base Hospital
was transformed from a jungle zone into
tourism estate.

Light Emitting Diode (LED) Lightings

CDC started replacing high sodium pressure

(HPS) street lights with energy-efficient light
emitting diodes (LEDs) for its Phase 1 and 2
replacement program. With this initial
phases, CDC reduces its streetlights power
consumption by 16% and greenhouse gas
(GHG) emissions by 40%. The HPS lighting
systems were reused thru donations to Fluorescent lamps are among the widely used
several Metro Clark communities as part of its electric light sources. It contains mercury,
continuing CSR program. Full replacements which is very toxic. When broken, crushed,
for Phase 3 and 4 will be completed in 2016. compacted or disposed improperly; these
Continually, LED lights are being installed to fluorescent lamps or bulbs may release
replace busted or defective fluorescent lamps mercury into the air, water, and land thereby
and bulbs on all CDC controlled facilities, posing significant threat to people and the
buildings and staff houses. environment.

Page 26
Accordingly, the Department of Environment disposed as regular trash/garbage or even
and Natural Resources (DENR) classified sell to unauthorized recycling facilities or
busted fluorescent lamps (BFLs) as hazardous junk shops.
wastes that require proper storage,
treatment, and disposal pursuant to Republic
Act 6969 (Toxic Substances and Hazardous Recyclables Collection Event
and Nuclear Waste Control Act). The proper
disposal of these BFLs is only through DENR-
accredited Hazardous Waste Treater and/or
Transporter for a service fee.

The Clark Development Corporation in

partnership with Metro Clark Waste
Management Corporation (MCWMC) issued a
Memorandum Circular No. 15-03 dated
January 5, 2015 for the collection, treatment
and disposal of BFLs for free subject to proper
packaging and labeling requirements.
MCWMC collected at least 27,000 pieces of
BFLs from locators and residents in Clark.
CDC turned-over 2,002 pieces of busted bulbs
and lamps to MCWMC.
E-Waste Management
Electronic waste or e-Waste contains valuable
components such as precious metals that can
be recovered through recycling process;
however, e-Waste also contains a high
proportion of heavy metals and persistent
organic pollutants (POPs) that are toxic to
human health and the environment when
they are released through inappropriate
recycling processes. These toxic compounds
can leach into soil and water, polluting lakes
and streams and making them unfit for
drinking, swimming, fishing, and supporting
wildlife.
Clark Development Corporation (CDC)
through the Environmental Permits
Department (EPD), DENR Region III, and the
Environmental Practitioners Association
(EPA) jointly organized and conducted the
12th Annual Recyclables Collection Event in
Clark last 26 June 2015.
This event aims to promote recycling and
materials recovery as viable options to reduce
the volume of residual wastes. It also aims to
promote awareness among our various small
and medium business establishments on
proper management of hazardous wastes like
busted lamps and bulbs, used oil, used
batteries, empty ink cartridges and toners,
and electronic wastes (white goods and
consumer electronics).

CDC properly disposed of its generated e-

Wastes such as defective computers and its
peripherals, assorted appliances and
consumer electronics in accordance with
Department of Environment and Natural
Resources (DENR) issued Administrative
Order No. 2013-22 (Revised Procedures and
Standards for the Management of Hazardous
Wastes). These e-Wastes can no longer be

Page 27
 Development and Strengthening
Of Human Capital
In March and April of 2015 CDC implemented
the CDC Academic Excellence Awards
Program that recognized and honored
students who have achieved high academic
goals through hard work and dedication to
learning. In its pilot run, the project targeted
the top graduating student from each of the
public and private schools in the five (5)
contiguous areas of the Clark
Freeport/Special Economic Zones. A total of
37 graduates received the award giving Ten
Thousand pesos (P 10,000.00) each for
Bachelor’s Degree and Five Thousand
(P5,000.00) each for Vocational and Technical
Graduates. The ultimate goal is to match
locators’ employment needs with the
appropriate supply of skilled manpower to
attain its employment target of generating
and filling-up 100,000 jobs by 2016.
CDC-TESDA MOA – on 25 March 2015 a
landmark agreement was signed formally
establishing of a Technical-Vocational
Education and Training (TVET) Institution
inside the Clark Freeport Zone that will serve
to bridge the disconnect between properly
matching locator needs with qualified skills.
Shortly, thereafter CDC began to tackle the
challenge of mismatch between the current
labor supply versus the labor demand of
industries inside the Clark Freeport Zone.
Rising up to this challenge CDC took it upon
itself to act as a link or bridge between
Learning Institutions (HEI’s and TVET) and
Industry/Locators. The objective-- supply the
right type of skills needed by new and
expanding Locators inside the Clark Freeport
Zone. Ultimately, the goal was to generate
100,000 jobs by 2016.
In cooperation with the industry and
responsive learning institutions like the
Mabalacat City College (MCC), City College of
Angeles (CCA) and the Pampanga Provincial
Manpower and Training Center (PMTC) the
following industry-driven solutions were
proposed and undertaken:
1) Industry User designed CUSTOMIZED /
TAILOR FITTED training programs. This
was dubbed as STEP-UP (Specialized
Training and Employment Program for
Underprivileged Persons) - wherein
Short-term courses (4 weeks to 6 weeks)
Page 28
 specialized / customized training tailor-
fitted to the specific needs of a particular
locator client are offered to jobless
residents and out-of-school youth of the
outlying areas of the Clark Freeport Zone
with the end goal of possible gainful
employment.

2) Replication Program - through industry

certified Trainers from partner learning
institutions willing to adapt to changing
business trends.

Applying the foregoing pragmatic solutions a

total of 546 individuals were trained and
employed broken down as follows:

INSTITUTIONS / PARTNER NO. OF

TRAINING COURSE COMPLETERS
INDUSTRY BATCH
Mabalacat City College 10 112
High Speed Sewing /
City College of Angeles 4 61
Dress Making
Sub-Total 173
Wig Making Aderans/Starboard 3 279
Language and Call Center
Sutherland Global Services 2 47
Fundamentals
BPO Readiness IQor 1 24
Tour Guiding Department of Tourism Region III 1 23
TOTAL 546

Page 29
 Inclusive Growth through CSR
INCLUSIVE GROWTH THROUGH CSR from the 1st Air Division Philippine Air Force
(Corporate Social Responsibility) that provided medicines such as anti-
ENDEAVORS OF CDC hypertension, anti-asthma, antibiotics and
multi-vitamins were also distributed to
Much has been said about generating profit, patients.
investments, employment and exports inside
the Clark Freeport Zone. But a government
owned and controlled corporation cannot
focus solely on purely business pursuits. It
should also have a heart and a conscience.
Accordingly, undertaking Corporate Social
Responsibility (CSR) is an integral part of
CDC’s corporate life. According to CDC
President and CEO, Atty Arthur P. Tugade:
“The moment you humanize your profit
generating efforts is when your Corporate
Social Responsibility (CSR) Starts.”

CDC believes that a corporation that

genuinely cares for people will naturally gain
the support of its surrounding communities.
To this end CDC’s CSR programs are targeted
in the development of disadvantaged sectors
of our society. CSR Programs are consciously
undertaken bearing in mind CDC’s
responsibility to women under the Gender
and Development (GAD) Program (R.A. 9710),
our obligation to physically challenged
individuals under the Magna Carta for
Persons with Disabilities (R.A. 9442) and our
commitment to Aetas under the Indigenous
People’s Rights Act of 1997 (R.A. 8371).
Some of the breakthrough CSR Programs
includes the following:
Health
Believing in the saying that “health is wealth”
CDC has always been at the forefront of a
number of health-related projects. Recently, a
highly participated Medical and Dental
Mission was conducted (02 September 2015)
that benefited almost 200 patients of
Barangay Macapagal Village, Mabalacat City.
This was in partnership with Central Luzon
(ENT) Ear, Nose and Throat Association that
involved around twenty-one (21) doctors and
augmented by an additional four (4) dentists
A number of School-Based Feeding Programs
(SBFP) were also sponsored by CDC in order
to address under-nutrition, short-term
hunger, to promote good health as well as to
reduce inequities by encouraging families to
send their children to public schools given the
incentive of being fed. Among the public
schools nearby CFZ that benefitted from this
project include:
Brgy. Ninoy Aquino Elem. School - 1,122
pupils from kinder to Grade 7
Mabalacat Central School - 160
malnourished pupils
Barangay Sapang Bato - 200 children
from Sitio Target (mostly Aetas)
Amsic Elementary School – 100 school
Children.
Education
CDC Excellence Award: Instilling a
culture of excellence among the youth,
specifically to graduating College and
Page 30
Vocational Students of public or private
schools. Inspiring highest ranking and well-
rounded students nominated by their
respective schools by awarding a cash prize,
custom made medal/trophy and a special
endorsement for those who are 18 years old
and above shall be extended by CDC to its
partner Clark locator for apprenticeship
and/or possible employment.

In March and April of 2015 CDC, awarded

graduates with excellent records from various
Higher Educational Institutions (HEIs) and
Technical Vocational Educational Institutions
(TVIs) in Pampanga and Tarlac. In its pilot
run, a total of 37 graduates (12 HEIs and 15
TVIs) received an award consisting of Ten
Thousand pesos (P 10,000.00) each for
Bachelors Degree and Five Thousand
(P5,000.00) each for Vocational and Technical
Graduates.
Improvement of Infrastructure and school
facilities. Studies show that an improved
physical learning environment in the
classroom and the school will help contribute
to the attainment of the goal of quality basic
education for all.

Book Distribution. On 14 July 2015 CDC

turned-over books numbering over 1,303
pieces worth about PhP 2.4 Million Pesos to to
Tarlac State University, Mabalacat City
College, City College of Angeles and Philippine
State College of Aeronautics as follows:

QTY. EST. VALUE

BENEFICIARY
(PCS.) (PHP)
City College of
283 367,202.69
Angeles
Mabalacat City A partnership with SMK Electronics
270 263,154.70
College (Philippines) Corporation enabled elementary
Tarlac State public schools including Malabanias
298 254,592.91
University Integrated School of Angeles City and San
Philippine State Nicolas Elementary School of Bamban, Tarlac
College of 452 1,585,456.30 to receive fifty (50) chairs each made from
Aeronautics recycled pallets.
Total 1303 2,470,406.60
The following schools were also given
The donation was made by CDC in assistance to improve their facilities:
appreciation of the critical role played by the
aforementioned institutions in fostering Regular participation in the “Brigada
literacy to the surrounding manpower and Eskwela” is a yearly project by the
inculcating the importance of the written Department of Education (DepEd). This
word as the primary vehicle for learning. activity aims to prepare the school facilities
Through these books a specialized body of and surroundings prior to the school opening.
knowledge is made accessible to public school CDC together with other government
students. agencies, private companies and individuals is
an active participant of this yearly event.

Page 31
STEP-UP (Specialized Training and “Aetapreneurship” Program. Indigenous
Employment Program for Underprivileged Peoples (IPs) are given a chance to run
Persons) – Providing skills training for the their own hollow blocks making facility,
community youth through responsive “Kabuhayan Stores” for local produce and
vocational courses that meet the exacting participate in weekend Market Fairs
demands of locator companies inside the through its “Aetapreneurship” Program
Freeport Zone virtually guaranteeing their
employment. Dubbed as “STEP-UP“, courses
related to high-speed sewing and in the future
short-term practical trainings in computer or
welding are offered to poor but deserving
individuals as a ticket out of unemployment.
INSTITUTION FORM OF
ASSISTANCE
Don Honorio Ventura Assorted office
Technological State equipment, chairs
University (DHVTSU) and tables which provides both livelihood and social
Porac Extension support. Living up to our philosophy that if
Bical Elementary Assorted office you give the natives fish they will eat for a
School, Mabalacat equipment, chairs day. But if you teach them how to fish they
City and tables will feed themselves for life.
Dapdap High School Physics Laboratory
Municipality of Assisting agriculture-based
Bamban, Tarlac communities in the Province of Tarlac
Financial assistance and Pampanga through a progressive
for the construction Seed Dispersal Project. Increasing the
San Nicolas Balas
of a rest area with viability of natural organic green farms
Elementary School (f)
hand washing and with guidance from Private and
tooth brushing place Government agricultural agencies and
City College of Angeles Procurement of a possibly marketing the same to meet the
Projector and screen supply requirement of employees,
restaurants and hotels inside Clark.
Pangkabuhayan Kart – Encouraging the The following Agricultural Projects that
spirit of entrepreneurship among the
marginalized sectors of our society who
because of their inherent physical limitations
may find it difficult to look for regular jobs.

aim to supplement the nutritional needs of

the indigent families as well as augment
their income from the sales of surplus
produce were undertaken in 2015:

1. “Prutas at Gulay sa Likod Bahay” -

CDC provides start-up funding to micro Seedling dispersal for backyard Organic
enterprises such as “Kabuhayan Karts” for Fruit and Vegetable Production for
People with Disabilities (PWDs). select Farmer beneficiaries in the
Page 32
 surrounding communities of Clark
(Municipality of Bamban and Capas and
Mabalacat City); and
2. “Tanim sa Kinabukasan” - Selling of
Assorted Vegetable Seedlings by at least
one (1) Aeta Group
3. “Adopt a Tree Program” – Sweet
Tamarind Seedlings Dispersal
4. Backyard Vegetable Production
Clark Youth Entrepreneurship (CYE)
Program - This is generally a livelihood
program designed to empower the youth
entrepreneurs in the communities
surrounding Clark. Through this program CDC
intends to provide parallel development and
to promote inclusive growth within its
surrounding communities.
operation, donation of school chairs, and
other cleaning activities). Other non-
government organizations (NGOs) such as the
Manila Water Foundation in constructing
water systems for the nearby communities.
Multinational companies such as Solaire in
conducting Community Outreach Programs
highlighted by “Gift Giving” of bags, notebooks
and other school supplies. Government
Agencies with continuous working hand in
hand with CDC in delivering social projects
include various Barangays in Angeles City and
Porac.
Three (3) Jobs Fair exclusively for Persons
With Disability (PWD) & Indigenous Peoples
(IPs) were conducted with the following
outputs:

Item No. 2 of CDC’s CSR Statement – 1st Jobs Fair , July 29, 2013, yielded a
CDC’s Corporate Social Responsibility total of 38 Hired on the Spot
(CSR) Program strives for “parallel 2nd Jobs Fair, May 29, 2014, 25 Hired
development of the contiguous on the Spot
communities within the CFZ through 3rd Jobs Fair, May 26 2015, 13 Hired on
employment and business the Spot
opportunities such as the
establishment of small business CDC is committed to develop sports and
enterprises through start-up capital recreational activities within the Clark
funding”. Freeport Zone. This commitment is
An initial budget for the pilot project of manifested in our efforts to develop the
PhP 5M was approved by BCDA with the Parade grounds with rubberized jogging path,
conditional approval of the balance of adequate LED Lighting at night and a
PhP 15M upon successful convenient toilet and bath. These efforts
implementation of the pilot project. derives from the conviction that sports can
serve as a significant tool to improve the
LOCATION TOTAL (PhP) overall health standard in the Region - but
Angeles City 1M sports is also so much more. Sport can also
Mabalacat City 1M serve as nation-building and peace preserving
instrument not only for Clark, but for the
Porac 1M
entire country. It is difficult to find a clearer
Bamban 1M
example of this than through this sports
Capas 1M festival.
TOTAL 5M
Distribution of Wheelchair
Partnership:
Through CDC’s reputation and goodwill it is Fulfillment of the commitment to provide
able to inspire other business entities within wheelchairs to selected persons with
its reach as well as team-up with notable disabilities belonging to the less fortunate
partners in various CSR activities. Our varied communities surrounding the Clark Freeport
and diverse partners include members of our Zone (Angeles City, Mabalacat City, Porac,
700+ strong locator companies (e.g. D & Q, Capas and Bamban).
SMK, Sutherland and IQOR) that participate in
the annual school activities (i.e. pre-school
Page 33
 In 2012 a project “Gulong para sa
Magandang Buhay” was undertaken
where a total of 15 Wheelchairs were
distributed.
 Forge camaraderie and teamwork with
other CDC employees regardless of rank
and position;
 Contribute towards the Improvement of
the company's relationship with the
community; and
 Play a part in the enhancement of CDC's
public image.

In 2013 a project “20 Hopes 20 Smiles

on CDC’s 20th Year” was again
conducted where a total of 20 Donations to different Barangays and Schools Surrounding
Clark.
Wheelchairs were given to rightful
beneficiaries.
CDC donated various used properties with a
In 2015 a project “Wheelchair at
total worth of about PhP 11.2M including
Saklay, Kaagapay sa Bagong Buhay” –
street lights (head only), books, Chemistry
a mobility assistance project of Clark
Laboratory, Physics Laboratory and other
Development Corporation for Persons
used properties primarily to Local
With Disability (PWD) benefitted forty
Government Units, Public Schools and State
(40) beneficiaries (20 for Crutches and
Colleges & universities surrounding the Clark
20 for wheelchairs.
Freeport and Special Economic Zones.
RE-KINDLING THE SPIRIT OF
VOLUNTEERISM THROUGH CLARK CARES
PROJECT

Inspiring the formation of teams composed

Private-Government-Community response in
providing material and voluntary manpower
assistance in relief operations to victims of
disasters and calamities inside and outside of
the Freeport Zone through its Clark CARES
(Community Action Relief and Emergency
Services).
It is the hope of CDC to be able to optimize
CSR collaborations and integrate CSR in the
To raise the level of participative (as against
daily operations of not just our company but
passive) CSR enabling CDC employees to play
also other locators and individuals under our
an active role in realizing the following
sphere of influence. We would like to be
objectives:
remembered not only as a profitable
 Develop a sense of accomplishment and Government Owned and Controlled
satisfaction, which in turn increases Corporation (GOCC) but also as a
employee morale and the quality of work Compassionate, Dedicated, Caring (CDC)
in the company; organization.
Page 34
APEC Related Initiatives
APEC First Senior Officials’ Meeting

In July of 2014, Clark was chosen as the site of the First Asia-Pacific Economic Cooperation (APEC)
Senior Officials’ Meeting and Related Meetings (SOM1) held from January 26, 2015 to February 10,
2015 by the APEC 2015 National Organizing Committee (APEC-NOC).

Page 35
CDC and SPRO Liaison Officers (LOs)

Page 36
 2015 Information Technology
Initiatives
The Information Technology office performs a vital role in supporting CDC’s overall goals and
priorities. As part of our continuing efforts to provide better service for Clark’s internal and
external clients, the Information Technology office has actively pursued the implementation of the
following projects:

A. Infrastructure Support Projects

Project Target Completion Date / Status

Clark CCTV Project Bidding for the project was completed in December 2015. The
project is now fully implemented with cameras installed on all Main
Entry/Exit Points, Major Thoroughfares, and Other Security Concern
Areas, such as the Clark Airport, Parade Grounds and CCA Area.

The CCTV system aims to:

• Provide added security benefit to Clark locators, tourists,

residents and other stakeholders at “no cost” on their part.
• Give focus on safety concerns that will lead to increase in
customers’ satisfaction.
• Offer Clark a competitive advantage compared to other
Freeport and Economic zones thereby improving investors’
business confidence. This will also encourage them to locate
or expand their business in Clark translating to additional
revenues for CDC.
• Improve the response time to calamities, accidents, crimes,
public protests/rallies, and other similar incidents.
• Act as a deterrent to crimes due to the immediate
identification of traffic violators, thieves, and other lawless
elements leading to their arrest, apprehension.
Clark Free Wi-Fi The POC (Proof of Concept) phase for the Clark Free Wi-Fi Project
Project commenced in December 2015. Initial POC sites include the Clark
Parade Grounds area, Nayong Pilipino and the Clark International
Airport.

Additional POC sites are planned in 2016. The DOST Hybrid Road
Train will also have a Wi-Fi hotspot for the convenience of tourists
and commuters in Clark.
Installation of The project was initiated in 3Q 2015 and completed by 4Q 2015. The
Equipment Grounding grounding protection will prevent any future damage to the PABX
Protection in CDC system and office landlines due to power surges or lightning strikes.
Corporate Buildings

Page 37
B. Technical Support Projects
Project Target Completion Date/Status

Replacement of As of November 2015, 110 outdated computers were replaced.

outdated computers

Quicker Response Time As part of OAVP-IT’s Quality Plans and Objectives, we make sure we
respond within 2 hours of receipt of requests for technical
assistance. By yearend 2015, the OAVP-IT has responded to more
than 400 requests, with an average response time of 13 minutes per
request.

C. Systems Enhancement Projects

Project Target Implementation Date / Status

Clark Mobile App The Clark App (iClark) project was completed in December 2015.
iClark, or Informative Clark is a mobile application which contains
vital information on the Clark Freeport Zone, such as the location of
tourist spots, hospitals, restaurants, hotels and other vital facilities
and information on how to do business and job openings in Clark.

iClark also has a newsfeed module, to keep locators and

stakeholders abreast of what is happening around Clark.

The application also has a navigational feature, which utilizes GPS

and Google Maps, a helpful tool for visitors who are unfamiliar with
Clark.

iClark is now available on Google Play and the Apple App Store.
Users just have to go to Google Play or the App Store and search for
“iClark”.
Clark Website Nowadays, company websites are not only informational, but are
Rehabilitation also being used as communication, marketing and promotional
tools. With this goal in mind, the Clark Website has been revised and
is being regularly updated by the OAVP-IT in coordination with the
Communications Department. It is now more attractive, dynamic
and informational.

Enhancements to the A visa processing module was integrated to the system to assist
Business Account Account Officers in the processing of applications for Special
Report System Working Visas.

The eBAR has also been developed to provide easier access and
viewing of data for Account Officers as the eBAR will no longer need
installation, making it accessible from any computer and selected
mobile devices like tablets and ipads.

Entry/Exit Pass System The Entry/Exit Pass System was completed in November of 2015. It
is now being utilized by TFD. The system provides ease in the
Page 38
for TFD processing of documents by automating the application for
entry/exit pass of locators.

ePBI/ePBO System for Provided redundancy by replicating the source code of the system
TFD to ensure reliable and continuous operations in case of system
down time of the host.

Collection and Billing The system was created in order to automate, and ultimately,
System for the reduce processing time for Collection and Billing. The system has
Accounting many features, including an Official Receipt Generator, Debit and
Department Credit Memo Generators, an Interest and Penalties module, a
detailed account ledger and a report generator.

CDC Project Monitoring The system was developed by the OAVP-IT using the PHP scripting
System language, which makes access to the program easier for its users as
the system is web based and will not need installation. The Project
Monitoring System aids its users in monitoring of projects and
contracts. The system notifies its users thru email when a project or
contract is about to expire.

Resource Management The system was developed for the AEMD, in order to automate the
System for AEMD processes related to Clark’s Special Resources management –
petroleum, river/quarrying, Bayanihan Park Stalls and the
warehouse.

Document Thru the OAVP-IT’s coordination with the Department of Science

Management System and Technology’s (DOST) Information and Communications
Technology Office (ICTO), CDC was able to acquire access to its
Archives and Records Management Information System or ARMIS, a
free-of-charge document management, tracking, archiving and
disposal system for government agencies which allows inter-agency
and intra-agency routing and tracking documents through its
default workflows and uploading of electronic documents for filing
and retrieval.

As of September 2015, all CDC users have been enrolled has also
since been in use by RMO. Additional training sessions for users will
be scheduled and conducted by DOST-ICTO in 1Q 2016.

Clark Demographic The system was completed by 3Q 2015, and is now in use by the
Data System for SCD Special Concerns Department, aiding in the conduct of Demographic
Surveys in order to provide survey data for CDC’s policymakers,
prospective investors, researchers, students and others at no cost.

Information Security ITD has begun consolidating all CDC servers in a single secure
Initiatives server room.
The Department has also spearheaded the installation of a biometric
access control system in crucial departments and offices, such as the
Public Safety Department, Office of the President and Human

Page 39
 Resources Department to ensure security of data.

Warehouse System for The ITD has developed the AEMD Warehouse System in order to aid
AEMD in the control and monitoring of items that enter the warehouse and
items that are being taken out of the warehouse.

D. User Technology Training

Project Target Completion Date / Status

Basic Microsoft Office Training sessions for CDC employees were conducted in August
Training 2015.

Attendees included employees from the Special Concerns

Department (SCD), Assets Equipment Management Department
(AEMD) and the Purchasing Department (PD).

Systems Training ITD provides continuous training and support for all systems
developed and implemented by the department, such as the BAR,
the Warehouse System and TFD Systems.

Page 40
 Recovery of Lands
Recovered lands from Informal Settlers:

DATE AREA
LOCATION
RECOVERED (in Has)
Q1, January 2015 Enfinity Project Site, Dolores Area 24.358
Q1, March 2015 Area along Panday Pira Avenue, behind Ingasco 0.500
Q3, July 2015 Nanox Expansion Project (CIAC Area) 28.424
CY 2015 Total 53.282

Recovered lands from Non-Performing Locators/Assets:

DATE AREA (in Has)

LOCATION
RECOVERED
Q1, January 2015 Hollywood Park Development Corporation 3.327
Golden Cane Furniture Manufacturing 3.800
Q1, January 2015
Corporation
Q2, April 2015 The Red Crab Food Group, Inc. 0.080
Q2, April 2015 Preferred & Proven Therapies, Inc. 1.250
CY 2015 Total 8.457

Page 41
 Improving Security
1. CCTV Command Center: The putting up
and completion of the CCTV Command
Center wherein all areas and gates within
CFZ and those establishments that were
used during the APEC SOM1 at CFZ were
all covered and being monitored was of
great help to secure all APEC delegates,
Integrated Command Center
guests, and visitors of CFZ.
2. APEC 2015 in the Philippines: Although
the meeting of the Heads of different
economies was held in Manila, the CFZ
played a major role in the event
considering that back-up airplanes and
other flights of the delegates were
diverted and/or parked at the Clark
International Airport terminal. The CDC-
PSD was part of the Sub-Task Group Clark
that provided security support services to
the Regional Disaster Risk Reduction
Management Committee (RDRRMC) and
the Philippine National Police (PNP) for
the APEC 2015 held in November 2015.
3. Philippine Hot Air Balloon Festival: PSD
continuously provided security assistance
in relation to traffic management and
maintenance of the smooth flow of traffic
during the internationally recognized
event which is being held annually at the
CFZ.
4. More than a hundred thousand spectators
and visitors attended the event which
lasted for four (4) days.
5. Typhoon LANDO: PSD played a major role
in clearing the debris along the roads and
highways at the CFZ at the height of
typhoon Lando wherein PSD’s Fire and
Rescue Unit and other operations and field
personnel of PSD provided their
unwavering support and services without
fear for their own safety.
6. Anti-Smoke Belching Campaign: PSD
continuously and vigorously conducted
anti-smoke belching operations to support
the Climate Change campaign of Clark and
to maintain an environment friendly
status inside the CFZ. This is being
implemented by the members of the PSD
Traffic Management Section and the
Transport Regulatory Section.
7. Balikatan Exercises: PSD supported the
Visiting Forces Agreement (VFA) and the
participants during the Balikatan
exercises wherein more than 3,000 U.S.
Forces held their training exercises in
different parts of the Philippines. CFZ was
part of their billeting site and their
aircrafts were stationed at the PAF
Haribon area inside the CFZ. PSD
monitored the activities and provided
intelligence information to the U.S. Force
Protection units for the protection of their
personnel undergoing training.
8. Traffic Deputization: To solve the issue on
lack of personnel authorized to implement
the Traffic Rules and Regulations inside
CFZ/CSEZ, the P/CEO approved the
recommendation to deputize CDC
Contracted Security Guards in issuing
Traffic Citation Tickets to violators
provided the said Guards were properly
trained and given seminar by organic
personnel of CDC PSD Traffic Management
Section.
Page 42
Legal Highlights
1. Filing of appropriate cases against the
concerned personalities to establish Good
Governance and Accountability:
a. The Disbarment case filed in 2013
against the former CDC General
Counsel was finally resolved where a
penalty of suspension from practice of
law for a period of five (5) years was
imposed by the Integrated Bar of the
Philippines, Board of Governors, and
b. The dismissal from service of the
former Assistant Manager of the Land
Preservation and Development Office
for unauthorized selling/leasing of
CDC properties, and the concerned
Managers of the CDC-SPRO for unpaid
villa charges, sexual harassment,
neglect of duty and tardiness, among
others was not questioned and/or
resolved in favor of CDC sustaining the
validity of the dismissal for cause.
2. Prompt and strict enforcement of the
provisions of the Lease Agreement were
observed resulting to the collection of
arrears and/or Casino Revenue Shares
from delinquent locators with the
following order of severity of sanctions:
a. Stoppage/closure of business,
b. Suspension of privileges/incentives,
and
c. Termination of the Lease Agreement in
case of default/non-payment of lease
rentals/non-compliances and other
gross violations of the terms and
conditions.
3. CDC manifested its continued
determination and unwavering resolve to
prosecute offenders and law violators,
regardless of the amount and personality
involved, to establish accountability and
to protect government
properties/interests:
a. CDC’s police power within the
CSEZ/CFZ was sustained by the Office
of the Provincial Prosecutor of
Pampanga relative to an incident that
took place at the Sacobia area, which
ordered the filing of criminal cases
against the concerned Aetas who
maliciously destroyed CDC’s service
vehicle during the demolition of an
illegal structure in the area. The
criminal case of Malicious Mischief was
filed against the offenders before the
Municipal Trial Court of Mabalacat City
and the accused were already
arraigned. The parties were referred to
the Philippine Mediation Center for the
mandatory mediation;
b. In another Malicious Mischief case
involving the destruction of signages
within the CFZ, the offenders were
convicted by the Court sentencing
them to suffer imprisonment for a
period of four (4) months;
c. Various Criminal cases of Theft were
filed against the former Payroll Officer
of CDC-SPRO for payroll padding
amounting to PhP5,232,051.40. The
Court issued an Order for the issuance
of a Warrant of Arrest against the
accused who absconded and eluded
his liability to the victims. Continuous
coordination with the authorities is
being undertaken for the arrest of the
accused;
d. In a criminal case of Estafa and
violation of Bouncing Check Law filed
against a travel agent who entered into
a Memorandum of Agreement with the
CDC-SPRO, CDC was able to collect
unpaid charges for accommodation,
food and beverages consumed by the
guest; and
e. CDC won over the various Illegal
Dismissal cases filed by legally
Page 43
 dismissed employees due to use of
illegal drugs.
4. Administrative follow-up and concerted
efforts were exerted towards the early
resolution and settlement of issues/cases
at no cost to CDC, which remained
dormant for the past years.
5. Collaborative efforts and efficient
handling of cases by CDC in-house and
external counsels paving the way to the
execution of a Compromise Agreement
between CDC and the Asset Pool (SPV-
AMC), Inc. which addressed and/or
obliterated the legal hurdles on the long-
awaited privatization of the Mimosa
Leisure Estate. The Compromise
Agreement was sealed with the legal
imprimatur of the Supreme Court obliging
the parties to faithfully comply with their
commitments to settle the lingering issues
and to finally end the litigation.
6. Proactively issued a Cease and Desist
order to the proponents of a Waste
Recovery Facility being undertaken at the
Sacobia River for being violative of CDC’s
rights as the implementing arm of the
BCDA and the administrator and
development authority for the CSEZ and
the manager of the Ancestral Domain
pursuant to the Joint Management
Agreement. CDC favorably obtained a
Temporary Restraining Order and Writ of
Preliminary Injunction enjoining the
proponents from further excavating the
area for purposes of the intended Waste
Recovery Facility.
7. Continues and concerted provision of legal
support and services to the different
departments which yield positive and
commendable result for the best interest
of CDC, including but not limited to
provision of community services through
Corporate Social Responsibility Programs,
linkages with other government agencies
for a more efficient and effective process.
8. Refund by the contractor to the CDC, the
amount of PhP11,876,640.21 representing
the 15% advance payment of the total
contract price for the construction of the
Spine Road, CSEZ, as decreed by the
Arbitral Court which led to the
cancellation of the Notice of Disallowance
issued by the Commission on Audit on the
said amount.
9. ISO compliant and reduction of processing
time of Contract Review and Legal
Opinion/Study, complemented by the
following initiatives and continuing
efforts:
a. Review and continuous enhancement
of Accountable Forms;
b. Continuing effort to improve and
enhance the CDC Pro-forma Lease
Agreement, including the latest
amendment to the General Conditions
of the Lease Agreement to address the
concerns of locators regarding land
use preference, expropriation and the
provision on termination of Lease
Agreement and takeover of leased
property without the need of judicial
action.
LEGAL CHALLENGES
Several cases which have been initiated in the
past administrations and pending for several
years were decided, to wit:
1. The development of the Bayanihan
area which was conceptualized in
collaboration with the City
Government of Angeles was hampered
in view of the filing of a case by a few
tenants/lessees where a Writ of
Preliminary Injunction was granted by
the Court enjoining CDC from
demolishing the stalls and proceeding
with the implementation of the
development plan. CDC through the
Office of the Government Counsel
(OGCC) availed of the remedy for the
lifting of the Writ of Preliminary
Injunction, but the same was denied.
CDC will pursue all legal remedies for
the eventual development of the
Bayanihan area.
Page 44
2. The case filed by Asia Construction &
Development Corporation (ACDC) and
its President, Edgardo H. Angeles for
declaratory relief was decided
unfavorably against CDC and was
converted into an ordinary civil action
of Specific Performance and
Accounting where a Writ of
Preliminary Attachment was issued by
the Court covering the amount of
Php50Million representing ACDC’s
claim for attorney’s fees. CDC will
likewise pursue legal remedies to
vacate the unfavorable decision.
3. In a 2002 illegal dismissal case filed by
the former Manager of then Corporate
Legal Services Department of CDC
which was decided against CDC and
became final in 2010, a garnishment
proceeding of the total amount of
P27,666,264.93, as of 13 November
2015 was initiated and filed with the
Labor Arbiter. CDC opposed the
execution as it was not properly filed
with the Commission on Audit (COA).
CDC’s depositary banks were duly
advised that Writs of Execution issued
without passing through the COA is
void and without legal basis.
4. The Petition for Injunction filed
against Lydia C. Soliman and her
associates enjoining them to stop from
establishing a Waste Recovery Facility
in Brgy. Calumpang, Mabalacat City
and within the CSEZ and ancestral
domain for lacking of consent and/or
approval of CDC, violation of the Joint
Management involving the subject
area and the requisite Environmental
Compliance Certificate from DENR and
CDC.
5. A complaint was filed by locator,
Berthaphil against CDC for Specific
Performance asking for CDC to comply
with its contractual obligations under
the Lease Agreement and for CDC to
pay Php15 Million in actual damages
due to foregone income, expenses for
development, marketing and
conducting of technical studies over
the subject property. CDC filed its
Answer through the OGCC.
6. Ejectment and collection cases against
Salenga, who continuously refused to
pay unsettled lease rentals, security
deposit and advance lease rentals and
return possession of the Redwood Villa
Housing Unit No. 1837-B. As of 30 June
2013 the lease rentals has accrued to
P5,852,492.64. Moreover, Mr. Salenga
has been continuously contesting CDC
billing statements and harassing CDC’s
billing officers, and lately the lawyers
who signed the letter to Mr. Salenga
for and on behalf of the CDC
Management.
7. CDC is also faced with the challenge
regarding the long deferred
implementation of the Settlement
Agreement with another locator, YI
Leisure (Clark), Inc. for the delivery of
a 2.5 hectare property within the CFZ,
and the eventual collection of the
amount Php28 Million as lease
payments. YILCI consistently refused
to accept several vacant properties in
the CFZ already offered by CDC with
the demand that the property to be
delivered by CDC shall be covered by
pertinent terms and conditions of the
original Lease Agreement of YILCI.
Further, before YILCI could select
property, the parties should initially
decide on the terms and conditions of
the lease for the said property to be
delivered.
Issue on the Joint Management Agreement
(JMA) over the ancestral domain of the Aeta
Tribe within the Clark Special Economic Zone
(CSEZ) where various issues proliferated for
the eight (8) years anchored on the proper
representation of the Aeta Indigenous
Cultural Community through the National
Commission on Indigenous Peoples (NCIP).
Page 45
Executive Summary
For the year 2015, surpassing the achievements of 2013 and 2014 are both challenging and
daunting tasks. Coming from truly remarkable performance statistics that Clark Freeport has
produced over the last 2 years, prospects for this year were expectedly much higher.
Did the Corporation meet these expectations?
Well, to keep it short but modesty aside, for some, we didn’t even need to wait for the end of the
year to exceed the government approved targets.

FINANCIAL IMPROVEMENTS
For 2015 alone, investment commitments total $ 353.68 Million, while employment commitment is
at 13,688. Exports were recorded at 4.425 billion US dollars.
Net income for the year 2015 is at PhP 697 million, 26% higher compared to 2014 actual
performance coming from increases in revenues and savings on personal services expenses.

ORGANIZATIONAL REFORMS
Rationalizing the manpower complement of CDC from 764 employees as of 2012 December 31 to
639 employees as of 2015 December 31. The rationalization has resulted to a reduction of
Personnel Services cost of 5% for salaries and wages and 8% for allowances and other benefits.

GOOD GOVERNANCE PRACTICES SUSTAINED

Reaffirmed the commitment of CDC to uphold integrity and combat anti-corruption under the
“Daang Matuwid” through the Panunumpa ng Kawani ng Gobyerno during monthly flag raising
ceremony. Continuous implementation of the “No Gift Policy” and “Manual of Corporate
Governance” approved by the Governance Commission. The compliance of CDC to Good
Governance, Transparency Seal and Citizen’s Charter requirements laid the basis for the
Performance Based Bonus to officers and employees and Performance Based Incentives for the
Board of Directors.

BUSINESS DEVELOPMENT HIGHLIGHTS

Another economic indicator that measures the trust and confidence as well as the level of
satisfaction of investors is the number of expansion projects being undertaken.
For the Clark Freeport Zone, the increasing number of expansion projects are testament to the good
governance and quality of service made by CDC employees in addition to the Freeport’s strategic
location, quality of workers, live-work-play environment, safety and security and incentives that
make each locator happy.

BUSINESS ENHANCEMENT HIGHLIGHTS

With CDC’s transformed ways of doing things and instilled culture and values, TFD for 2015 has
targeted initiatives that promote transparency through full-automation of all TFD related permits.
TFD is 100% dedicated to maintain the highest standards of efficiency, positive relationship with
CFZ’s Registered Enterprises and Stakeholders and commitment in the ease of doing business in
the Clark Freeport Zone towards inclusive growth.

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TOURISM HIGHLIGHTS
The Clark Museum underwent major renovation to become the first state-of-the-art interactive
museum in Pampanga. It brings the museum experience to the next level with its state of the art 4D
Theater and a host of interactive and educational displays.
The 19th Philippine International Hot Air Balloon Fiesta was successfully conducted in 2015. It is
the biggest international sports aviation activity in Asia and a major tourism event in the country
today. Around 95,000 people attended this year’s event

INFRASTRUCTURE IMPROVEMENTS
One of the hallmarks of an effective Freeport Zone is its reliable infrastructure. Among the
new/improved infrastructure done by CDC for 2015 are the new rotunda along Mac Arthur
Highway/Bayanihan Park area, construction of access road leading to T-43, construction of Ramon
Magsaysay Extension, rehabilitation of access road leading to Philippine Science High School-
Central Luzon Campus, construction of weigh bridge/scale facilities at IE-5, the improvement of the
CDC Parade Ground which includes a rubberized jogging path and LED perimeter lightings.

INITIATIVES ON CLIMATE CHANGE

CDC also spearheaded the initiatives to address Climate Change. Among the projects initiated for
2015 are the Manualization/Codification of the Clark Green Building Code which will improve
resource management efficiency and minimize the negative impact of buildings to health and to the
environment, hazard mapping, regular monitoring of land movements, approval to house the
Philippine Disaster Relief Foundation headquarters, tree planting activities/seed dispersal
program, strict implementation of the anti-smoke belching law, support to renewable energy
projects, gradual phase-out of plastics and polystyrene inside Clark, tree inventory, LED
streetlights, and methane recovery and flaring.

INFORMATION TECHNOLOGY
The Clark CCTV Project has been implemented with cameras installed in all main entry/exit points,
major thoroughfares, and other security concerned areas like the Clark International Airport,
Customs Clearance Area, and CDC Parade Grunds. The Clark Free Wi-Fi Project also commenced
last December 2015. Initial POC sites include the CDC Parade Grounds, Nayong Pilipno, and the
Clark International Airport.
The Clark Mobile App (iClark) project was completed last December 2015. iClark is now available
for download in the Apple iOs and Google Play stores. The Clark Website has been revised and is
being updated regularly by the IT Department of CDC in coordination with the Communications
Department.

RECOVERY OF LANDS
The total land recovered from informal settlers and non-performing locators for 2015 totaled to
61.739 hectares.

IMPROVING SECURITY
The Public Safety Department (PSD) adopted the following measures in 2015 to improve security
services in the Zone.
 Inclusion of additional Patrol Vehicles and Equipment in the security services
 The putting up and completion of the CCTV Command Center
 Intensified the program on the implementation of the Anti-Smoke belching Law

Page 47
  Retraining of CDC SCAA in order to improve their capabilities, alertness, physical fitness,
and professionalism
 CDC-PSD was part of the Sub-Task Group Clark that provided security support services to
the RDRRMC and the PNP for the APEC 2015 held in November 2015
 Provided security services during the Philippine Hot Air balloon Festival, Auto-Moto Run,
SM City Clark’s 3rd Pyrofest, Clark Grand festival, National Milo Marathon.
 Assisted in the clearing operations after the typhoon “Lando”
 Provided support in the “Balikatan” Exercises where CFZ was part of the billeting site of the
US servicemen

LEGAL HIGHLIGHTS

 CDC has filed appropriate cases against the concerned personalities to establish Good
Governance and Accountability.
 Prompt and strict enforcement of the provisions of the Lease Agreement were observed
resulting to the collection of arrears and/or Casino Revenue Shares from delinquent
locators.
 CDC manifested its continued determination and unwavering resolve to prosecute offenders
and law violators to establish accountability and to protect government
properties/interests.
 Collaborative efforts and efficient handling of cases by CDC in-house and external counsels
paving the way to the execution of Compromise Agreement between CDC and the Asset Pool,
Inc. which addressed and/or obliterated the legal hurdles on the privatization of the Mimosa
Leisure Estate.
 Proactively issued a Cease and Desist Order to the proponents of a Waste Recovery Facility
being undertaken at the Sacobia River for being violative of CDC’s rights as the
implementing arm of the BCDA and the administrator and development authority for the
CSEZ and the manager of the Ancestral Domain pursuant to the JMA.
 Continuous and concerted provision of legal support and services to the different CDC
departments
 Refund by the contractor to the CDC, the amount of PhP11,876,640.21 representing the 15%
advance payment of the total contract price for the construction of the Spine Road, CSEZ.
 ISO compliant and reduction of processing time of Contract Review and Legal
Opinion/Study
 Continuing effort to improve and enhance the CDC ro-forma Lease Agreement.

CORPORATE SOCIAL RESPONSIBILITY

CDC’s Corporate Social Responsibility (CSR) programs are targeted at less fortunate members of
our society. CSR programs are consciously undertaken bearing in mind CDC’s responsibility to
women under the Gender and Development (GAD) Program, our obligation to physically challenged
individuals under the Magna Carta for Persons with Disabilities and our commitment to Aetas
under the Indigenous People’s Rights Act.

DEVELOPMENT AND STRENGTHENING OF HUMAN CAPITAL

On March 25, 2015 a landmark agreement was signed formally establishing a Technical-Vocational
Education and Training (TVET) Institution inside the Clark Freeport Zone that will serve to bridge
the disconnect between properly matching locator needs with qualified skills.
In March and April of 2015, CDC implemented the Academic Excellence Awards Program that
recognized and honored students who have achieved high academic goals through hardwork and
dedication to learning. The ultimate goal is to match locators’ employment needs with appropriate

Page 48
supply of skilled manpower to attain its employment target of generating and filing-up 100,000
jobs by 2016.
Expansion of the Specialized Training and Employment Program for the Underprivileged Persons
(STEP-UP) Program which are short-term courses, specialized/customized training tailor-fitted to
the specific needs of a particular locator client.

INCLUSIVE GROWTH
It is CDC’s passion to make sure that economic benefits gained by businesses inside the CFZ do
trickle down to the communities and is really felt by its residents. To this end, CDC has actively
undertaken innovative CSR projects that HELPS: Health, Education, Livelihood, Partnership,
Services/Special Projects.

APEC RELATED INITIATIVES

The First Asia-Pacific Economic Cooperation (APEC) Senior Officials’ Meeting and Related Meetings
(SOM1) was held in Clark Freeport Zone from January 26, 2015 to February 10, 2015.
CDC provided human resources support to address the manpower requirements of APEC SOM1. It
deployed 29 Liaison Officers (LOs) trained in: Foreign Protocol and Image Enhancement Training;
Image Enhancement Training; Tour Guiding Seminar.
CDC also assigned eleven (11) LOs during the APEC SOM2 in Boracay from May 8-16, 2015 and
deployed nineteen (19) LOs in the APEC Economic Leader’s Meeting on November 2-21, 2015.
In support of the government’s effort in hosting APEC, CDC deployed 18 liaison officers to serve the
requirements of the APEC leaders’ summit in Manila. The liaison officers were filed in various
frontline services such as help desks in participating hotels and served as ushers at the event
venues.

MANAGEMENT AWARDS
With all of these performances, various award giving bodies has cited CDC’s leadership for
instituted reforms in business processes, resource and fiscal management, investment and job
generation, investor relations, corporate social responsibility. CDC won this year’s Executive
Leadership Team category in the prestigious Asia CEO Awards, besting other top corporation both
in the government service and private sector.
Yet, while we are grateful for what we have achieved this year, foresight tells us to gear towards
surpassing what we have attained in the coming years.
But we will not rest in our laurels. These recognitions will further boost us to do more and continue
to strive to be the best. We will never be best, from the moment we think we are, that will be the
start of our downfall.
No matter how tough, we shall make things easier and better because we are focused and
determined. We shall maintain excellent public service and work in unity, soaring high with
synergy, with confidence and trust. In CDC we do the difficult, but for the impossible it will take
some time.
Clark Freeport Zone, as in the past, always emerged triumphant and shall continue to serve its role
as the investment center and catalyst of economic progress in Central Luzon and in the entire
country.
True enough, Clark is now globally competitive. And, the best is yet to come.

Page 49
BOARD OF DIRECTORS

SANTIAGO, ELISEO B.
Age 66, Filipino
Chairman of the Board

Date Appointed to the Board : 18 December 2012

Years of Directorship : Three (3) Years

Academic & Professional :  B.S. in Mechanical Engineering

Qualifications Mapua Institute of Technology, 1971

Experience and Expertise :  Independent Director Petroenergy Resources Corp.

 Member, Board of Directors and Executive Committee of Isla Petroleum &
Gas Corporation
 Former Vice President for Retail for the East, Shell Group (2009)
 Former Country Chairman of the Shell Companies in the Philippines

Trainings Attended :  ICD Training Program for Corporate Governance

15 April 2015, The Peninsula Manila

Board Committees :  Finance & Risk Management Committee

 Governance Committee
 Utilities and Infra Oversight Committee

Number of Board Meetings : 24/24

Attended for CY 2015

Number of Committees : 7/7

Attended for CY 2015

Page 50
 CASANOVA, ARNEL PACIANO D.
Age 45, Filipino
Vice Chairman of the Board

Date Appointed to the Board : 29 April 2011

Years of Directorship : Four (4) Years

Academic & Professional :  Master in Public Administration

Qualifications John F. Kennedy School of Government
Harvard University, 2007
 Certificate on Negotiations of Financial Transactions, United Nations
Institute for Training and Research, 2006
 Bachelor of Laws, University of the Philippines, 1998
 Diploma on Urban and Regional Planning, U.P., 2001
 AB English, U.P., 1992

Experience and Expertise :  President/CEO, BCDA, April 2011-Present

 Board Member and Vice Chairman, CDC
 Executive Director, Asia Society-Philippine Foundation, Inc., September
2009-April 2011
 Trustee and Chairman of Governance and Human Resource Committee,
Center for Agriculture and Rural Development, Inc., Mar. 2009-Present
 Corporate Secretary
- Fort Bonifacio Development Corporation, 2004-August 2009
- BCDA Management and Holdings, Inc., 2002-2004
- Bataan Technology Park, Inc. 2000-2003
 Faculty, Visiting Lecturer, Ateneo de Manila School of Government , 2007-
Present
 Faculty, College of Law, University of the Philippines 2014-present
 Founding Director/Philippines Country Representative, Avantchange,
Ltd., 2007-April 2011

Trainings Attended :  ICD Training Program for Corporate Governance

15 April 2015, The Peninsula Manila

Board Committees :  Executive Committee

 Finance & Risk Management Committee
 Governance Committee

Number of Board Meetings : 24/24

Attended for CY 2015

Number of Committees : 29/29

Attended for CY 2015

Page 51
 AQUINO, CRESENCIO P.
Age 62, Filipino
Board of Director

Date Appointed to the Board : 18 December 2012

Years of Directorship : Three (3) Years

Academic & Professional :  Bachelor of Laws, San Sebastian College, Manila, 1973-1977
Qualifications  Bachelor of Arts, San Sebastian College, Manila, 1969-1973

Experience and Expertise :  Managing Partner, CP Aquino and Partners, 1998-present

 Independent Director, Global Estate Resort, Inc., 2010-present
 Director, Suntrust Corporation, 2009-present
 Corporate Legal Counsel, MBF/One Card Corporation, 1998-2004
 Chief Legal Counsel, Government Service Insurance System, 1992-1998
 Director, GSIS ASB Joint Venture Corporation, 1992-1998
 Director, Meat Packing Corporation of the Philippines, 1992-1998
 Chief Legal Counsel/Corporate Secretary, Com Savings Bank, 1992-1998
 Executive Director, National Reconciliation Development Council
 Peace and Order Council (NRDP/POC), DILG, 1988-1992
 Ex officio Commissioner (DILG), Housing and Land Use Regulatory Board,
1988-1992
 Special Assistant and Officer in Charge, Bureau of Lands, Department of
Environment and Natural Resources (DENR), 1986-1988
 Assistant Manager, Republic Planters Bank, 1980-1986
 Corporate Counsel/Corporate Secretary, RPB Venture Capital Corporation,
1980-1986
 Associate Professor, San Sebastian College, 1979-1981
 Associate Professor, St. Paul College Quezon City, 1979-1981
 Managing Partner, Madriaga, Aquino Law Offices, 1979-1981
 Associate Lawyer, Tabaquero, Guzman and Africa, 1977-1979

Trainings Attended  ICD Training Program for Corporate Governance

15 April 2015, The Peninsula Manila

Board Committees :  Audit Committee

 Security Committee

Number of Board Meetings : 24/24

Attended for CY 2015

Number of Committees : 24/24

Attended for CY 2015

Page 52

Date Appointed to the Board
Years of Directorship
Academic & Professional
Qualifications
Experience and Expertise
Trainings Attended
Board Committees
Number of Board Meetings
Attended for CY 2015
Number of Committees
Attended for CY 2015
BARON, RICARDO S.
Age 60, Filipino
Board of Director
: 29 April 2011
: Four (4) Years
:  B.S. in Business Management
Ateneo de Manila University, 1974
:  Permanent Representative of Sen. Mar A. Roxas at Don Honorio Ventura
Technological State University, Bacolor, Pampanga, 2009-June 2010
 Permanent Representative of Sen. Mar A. Roxas at Pampanga Agricultural
College, Magalang, Pampanga, 2008-June 2010
 Director and Official Representative of the Baron Family at RSB Pentastar
Corporation, Mabalacat Bus Terminal, Pampanga, 2004
:  ICD Training Program for Corporate Governance
15 April 2015, The Peninsula Manila
:  Executive Committee
 Finance & Risk Management Committee
: 24/24
: 27/27
Page 53

Age 48, Filipino
Board of Director
Date Appointed to the Board
Years of Directorship
Academic & Professional
Qualifications
Experience and Expertise
Trainings Attended
Board Committees
Number of Board Meetings
Attended for CY 2015
Number of Committees
Attended for CY 2015
BONDOC, ROMMEL A.
: 29 April 2011
: Four (4) Years
:  B.S. in Mechanical Engineering
 Mapua Institute of Technology
:  Vice President for Operations, A.G. Araja Construction and Development
Corporation, September 2007
 Project Manager, A.G. Araja Construction and Trading, March 2007-
September 2007
 VP-Operations, AG Araja 2007 – April 2014
 President, Sincere Mineral Corporation, June 2006-September 2006
 Matatag Mining Corporation
- President, December 2005-June 2006
- Vice President for Operations, June 2005-December 2005
- Municipal Vice Mayor, Presiding Officer, Local Government of San
Simon, Pampanga, June 1998-June 2004
:  ICD Training Program for Corporate Governance
15 April 2015, The Peninsula Manila
:  Executive Committee
 Organization and Personnel Committee
 Utilities and Infra Oversight Committee
 Adhoc Committee on Power Infrastructure
: 24/24
: 28/28
Page 54

Date Appointed to the Board
Years of Directorship
Academic & Professional
Qualifications
Experience and Expertise
Trainings Attended
Board Committees
Number of Board Meetings
Attended for CY 2015
Number of Committees Attended
for CY 2015
ELUM, FRANCIS RAPHAEL C.
Age 65, Filipino
Board of Director
: 29 April 2011
: Four (4) Years
:  Master in Business Administration, University of the Philippines, 1979-1981
 B.S. in Industrial Engineering, University of the Philippines, 1966-1971
:  Advisor, Office of the Secretary (OSEC), DPWH Head Office, Manila, February 2011
to present
 Consultant, Business Development, Trading and Marketing, February 2009
 Chief Operating Officer (COO), GFTG Property Holdings Corporation, June 2002-
January 2009
 Consultant, Business Development, Trading and Marketing, June 2001-May 2002
 Vice President, Business Development and Customer Services Group, July 1993-May
2001
 Project Manager IV, Clark Air Base Conversion Program, BCDA, December 1992-
June 1993
 Project Manager IV, BOT Projects/Private Sector Development, Coordinating
Council of the Philippine Assistance Program, Office of the President, October 1991-
November 1992
 Legislative Staff Chief, Office of Congressman Arden Anni, House of Representatives,
July 1987 to September 1991
 Project Manager, Technical Builders Corp. Q.C., 1984-1986
 Water District Development Coordinator, Office of the Governor, Province of Sulu,
1975-1979
 Manager, Production Planning & Control Dept., ELISCO Tool Manufacturing Corp.,
Taguig, Rizal
 Staff Engineer, Project Development and Evaluation Detp., Elizalde Iron & Steel
Corp., Taguig, Rizal
:  GCG Corporate Governance Scorecard Orientation
21 February 2016, Makati City
 GCG Corporate Governance Scorecard Orientation
25 November 2015, Infinity Tower Suites, Makati
 ICD Training Program for Corporate Governance
15 April 2015, The Peninsula Manila
:  Executive Committee
 Organization and Personnel Committee
 Utilities and Infra Oversight Committee
: 24/24
: 28/28
Page 55
 FELICIANO, MANUEL M.
Age 65, Filipino
Board of Director

Date Appointed to the Board : 29 April 2011

Years of Directorship : Four (4) Years

Academic & Professional :  Bachelor of Laws, Far Eastern University, 1977

Qualifications  A.B. Political Science, San Beda College, Manila, 1972

Experience and Expertise :  President and CEO, Feliciano Group of Companies

 President, Unified Financing Company, since 1978
 President, St. Joseph Memorial Park, since 1979
 President, JCF & Sons Realty and Development Corporation, since 1981
 President, Felman Realty and Development Corporation, since 1994
 President, Jose C. Feliciano College Foundation, since 2007
 Trustee, Jose C. Feliciano College Foundation, since 1994
 Member, Fraternal Order of Utopia, Ateneo College of Law

Trainings Attended :  ICD Training Program for Corporate Governance

15 April 2015, The Peninsula Manila

Board Committees :  Executive Committee

 Audit Committee

Number of Board Meetings : 24/24

Attended for CY 2015

Number of Committees : 34/34

Attended for CY 2015

Page 56

Date Appointed to the Board
Years of Directorship
Academic & Professional
Qualifications
Experience and Expertise
Trainings Attended
Board Committees
Number of Board Meetings
Attended for CY 2015
Number of Committees
Attended for CY 2015
HONRADO, JOSE DANILO A.
Age 65, Filipino
Board of Director
: 29 April 2011
: Four (4) Years
:  BSC Major in Banking and Finance, Saint Louis University, 1966-1970
:  Political Officer II, Office of Senator Benigno S. Aquino III, Senate of the
Philippines, 2007-June 2010
 Chief of Staff, Tarlac Operations, Office of Cong. Benigno S. Aquino III, 1998-
2007
 Head, Fire Department, Central Azucarera de Tarlac, 1998-2008
 Fire Chief and Field Services Officer, Central Azucarera de Tarlac, 1995-
1998
 Technical Staff, Hacienda Luisita, Inc., 1992-1995
 Staff Assistant to Project Manager, Tarlac Development Corporation, 1989-
1992
 Auditor, Central Azucarera de Tarlac, 1982-1989
:  ICD Orientation Course on Corporate Governance
05 June 2014, Mandarin, Oriental Manila
:  Executive Committee
 Audit Committee
 Security Committee
: 18/24
: 41/46
Page 57
 MELO, JOSE A.R.
Age 83, Filipino
Board of Director

Date Appointed to the Board : 29 April 2011

Years of Directorship : Four (4) Years

Academic & Professional :  Master of Laws (Ll, M.), University of Sto.Tomas, 1960
Qualifications  Bachelor of Laws (Ll. B.) Manuel L. Quezon University, 1956

Experience and Expertise :  Chairman, Commission on Elections, 2008-2011

 Chairman, Melo Commission (re Extrajudicial Killings) 2006-2007
 Justice, Supreme Court (SC), 1992-2002
 Chairman, Board of Directors, PNOC-EC, 2004-2008
 Chairman, Board of Advisers, Philippine National Bank, 2002-2005
 Associate Justice, Court of Appeals, 1979-2002
 Commissioner, Civil Service Commission, 1975-1979
 Solicitor, Office of the Solicitor General, 1971-1975
 Commissioner, Professional Regulation Commission, 1974-1975
 Staff Member, Legal Office, Office of the President, 1962-1971
 Confidential Assistant to the Chairman, Presidential Anti-Graft Committee,
1963-1965
 Legal Adviser, Board of Censors for Motion Pictures, 1969-1975
 Staff Member, Diokno Law Office, 1957
 Law Practitioner, 1957-1962
 Master of Laws (LI.M.), University of Sto. Tomas, 1960
 Bachelor of Laws (LI.B.), Manuel L. Quezon University, 1956

Trainings Attended :  ICD Training Program for Corporate Governance

15 April 2015, The Peninsula Manila

Board Committees :  Finance & Risk Management Committee

 Organization & Personnel Committee

Number of Board Meetings 24/24

Attended for CY 2015

Number of Committees : 11/11

Attended for CY 2015

Page 58

Date Appointed to the Board
Years of Directorship
Academic & Professional
Qualifications
Experience and Expertise
Trainings Attended
Board Committees
Number of Board Meetings
Attended for CY 2015
Number of Committees
Attended for CY 2015
VILLANUEVA JR., FRANCISCO L.
Age 57, Filipino
Board of Director
: 29 April 2011
: Four (4) Years
:  Strategic Business Economic Program, University of Asia & the Pacific
(2014)
 Doctor of Business Management, DLSU GSB/Holy Angel University, 2010
 Master in Business Management, Asian Institute of Management, 1985
 B.S. Management Engineering, Ateneo de Manila University, 1979
:  President, Stotsenberg Media Productions, Inc. (SMPI)*
 Senior Partner, Taft Consulting Group, Inc. (TCG)*
 Member of the Board, Clark Development Corporation (CDC)*
 CFO/Member of the Board, Luzon Urban Beltway Banner, Inc. (Banner)*
 Member of the Board, Danvil Holdings, Inc. (Formerly Berkley Int’l. Phil.,
Inc.)*
 Member of the Board, Metro Clark Media Network, Inc. (MCN)*
 Member of the Board, Polaris School of Music, Inc.*
 President, Metro Angeles Chamber of Commerce & Industry, Inc. (MACCII)*
 President, Metro Clark ICT Council (MCICTC)
 Past President & Ex-Officio, Clark Investors & Locators Association (CILA)*
 Professor, Ateneo Graduate School of Business (AGSB)
 Professor, Holy Angel University Graduate School of Business (HAU GSB)
 Professor, Baliuag University Graduate School of Business (BU GSB)
 President, SHS Class 74 Alumni Foundation, Inc.*
 Past President & Trustee, SHS Chevalier Alumni Foundation, Inc.*
 Chairman, Alumni Association of Asian institute of Management, Pampanga
Chapter
:  ICD Training Program for Corporate Governance
 15 April 2015, The Peninsula Manila
:  Audit Committee
 Security Committee
 Utilities and Infra Oversight Committee
: 24/24
: 24/24
Page 59

Date Appointed to the Board
Years of Directorship
Academic & Professional
Qualifications
Experience and Expertise
Trainings Attended
Board Committees
Number of Board Meetings
Attended for CY 2015
Number of Committees
Attended for CY 2015
TUGADE, ARTHUR P.
Age 70, Filipino
President & CEO/ Board of Director
: 12 December 2012
: Three (3) Years
:  Financial Management Program
National University of Singapore, 1985
 Bachelor of Laws, Cum Laude
San Beda College, 1971
 AB Philosophy, Magna Cum Laude
San Beda College, 1967
:  Founder Chairman:
- Frizzfashion Mercantile & Trading Inc., 2008-2012
- Transglobal Equipment Leasing, 2007-2012
- Gateway Shipping Agency Inc., Perry, 2005-2012
- Perry’s Technology, 2005-2012
- APT Travel, 2005-2012
- Perryome, 2004-2012
- Perry’s Farms, 2004-2012
- Erico Spring Inc., 2004-2012
- Perry’s Foundation, 2004-2012
- Transglobal Trucking, 2004-2012
- Perry’s Holdings Corporation, 2004-2012
• Business and Professional Civic Affiliations & Membership:
- Rotary Club Poblacion-Parañaque, Honorary Member, 2013-present
- Tuloy Foundation, Board of Trustees, 2008-present
- San Beda College, Board of Trustees, Member, 2006-present
- San Beda College, Board of Trustees, Vice President, 2011
- San Beda College Alumni Foundation, 2005-present
- World President’s Organization, 1997-present
- Young President’s Organization, 1990
- Makati Business Club, 1983
- Rotary Club of Panday Pira, Member, 1978-2003
- Rotary Club of Panday Pira, Director, 1978
- Rotary Club of Panday Pira, Director,Club Services, 1981-1982
- Rotary Club of Panday Pira, President, 1982-1983
- Rotary Club of Panday Pira, Director, Community Services, 1983-1984
- District Chairman, Rotary Exec., Training Services, 1984-1985
- District Chairman, Sub-Committee, Alumni Foundation, 1985-1986
:  ICD Training Program for Corporate Governance
15 April 2015, The Peninsula Manila
:  Executive Committee
 Governance Committee
 Finance and Risk Management Committee
 Organizational and Personnel Committee
: 24/24
: 29/29
Page 60
2015 Audited Financial Statements

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