From Locate, Treat, Isolate to

RESET, REBOUND, RECOVER

Pandemic of 2020. There were numer-
ous unsung heroes in Clark – drivers;
security and health personnel, ma-
sons, electricians, engineers, architects,
clerks, junior and senior officers, and
management – risking their own safety
and that of their families.

Whether employees were physically

present or working from home, the en-
tire CDC workforce was able to show its
ability to provide every possible assis-
tance for locators, employees, outlying
local government units, and even far-
flung areas hit by natural calamities.

Internal and external transactions were

processed like the pandemic never ex-
isted, enabling locators and their em-
ployees to continue operations under
difficult circumstances.

From a bleak landscape to shining mo-

ments of dedication and compassion,
CDC and its stakeholders have reset
their sights for an economic rebound
and recovery in the days ahead.

The accomplishments on the following

pages prove once again that the men
and women of Clark Development Cor-
poration can get things done.

We Heal As One. We Work As One. We

Succeed As One.
ANNUAL REPORT DESIGN Clark Development Corporation
2020 Annual Report

Table
of Contents

FIRM AND STRONG

Surviving Covid - the Clark rebound 08

Defying the Pandemic 10

Beyond Business 11

RECOVERY AND RESILIENCY

Clark: Solace in desperate times 20

Silver Linings 22

The PBA Bubble 23

The Transition 26

CORPORATE GOVERNANCE

Board of Directors 40

Mandatories 46

CDC Officers 47
CLARK DEVELOPMENT CORPORATION
Gloria Macapagal - Arroyo
Presidential Adviser on
Clark Flagship Programs and Projects
2
2020 ANNUAL REPORT
2020 was nonpareil in terms of the scale of global economic
displacement, in terms of the length of time a health-related
threat persisted and most especially, in terms of the way our
lifestyle had been altered at the most basic levels. COVID-19
redefined the way we work, modified our social norms, and
provided options on how our children access education.
Clark Development Corporation, just like all other entities, had
to hunker down and ride the storm in 2020. However, as we
already can see the end of the tunnel the urgent challenge for
us today is to determine what degree we need to adjust the
angle of our sails so we can move forward faster.
I understand the concern about the upcoming Corporate
Recovery and Tax Incentives for Enterprises or CREATE Act. But
the Department of Finance assures us that the reform took
into account the concerns of Clark. Thus, CREATE provides
a transitory provision that registered enterprises currently
availing of the 5% tax on gross income earned will be allowed
to avail of the incentive for 10 more years. After the expiration
of that transitory period, registered activities may still qualify
to register and avail of incentives under CREATE. Export
enterprises have the option to reapply and avail of the 5%
gross income tax for 10 years, and may still be extended for
at most 10 years at any one time, subject to the conditions set
forth in the Strategic Investment Priority Plan and performance
review by the Fiscal Incentives Review Board. Furthermore,
the present provision on the separate customs territory is not
repealed.
Fiscal incentives are indeed important to improve the
competitive environment of any investment destination. But
there are other equally important elements that make an
investment destination such as the Clark Special Economic
Zone a sustainably desirable and vibrant host. These include;
(1) the level of infrastructure development, (2) the skill level of
our local workforce and (3) the ease of doing business.
Clark can further ease of doing business in 2021 by focusing
efforts from marketing to more intensive after care. Clark can
do this by simplifying our permits and reporting systems both
for existing and potential investors. Clark can also further
improve its health response capabilities and update its facility
security systems by infusing more technology solutions. In a
nutshell, agile governance.
I have full faith that the leadership of CDC in 2021 will be
strategic and effective in these challenging times. We have a
great role to play in the economic development of Pampanga
and the Central Luzon region, and the entire Philippines.
2020 ANNUAL REPORT
Vivencio B. Dizon
President and CEO
Bases Conversion and
Development Authority
Officer-in-Charge
Office of the Chairman
CDC Board of Directors
December 2020 to February 2021
CLARK DEVELOPMENT CORPORATION
In the year 2020, the Clark Development Corporation (CDC) has
again proven itself to be resilient and inclusive, among many other
admirable traits. Despite the pandemic, the CDC, together with the
Bases Conversation and Development Authority (BCDA), continued to
follow its vision of making Clark a city that promotes a fair blend of
business, culture, leisure, and modern technology.
Even with the strain of the pandemic weighing heavily on everyone,
CDC was able to generate a total revenue of PhP2.6 billion for the year
2020. It also generated $8.15 billion in exports, and $4.47 billion in
imports. From 2016 to 2020, under the leadership of President Rodrigo
Duterte, the average revenue per year of CDC has been amounting to
Php2.32 billion more than three times the average from 1996 to 2015.
It’s a feat that definitely deserves recognition.
In the early days of the pandemic, we saw Clark being declared as a
safe haven for returning Overseas Filipinos (OFs) and Overseas Filipino
Workers (OFWs), and spaces inside Clark Freeport and the New Clark
City turning into quarantine facilities. Today, these facilities have
served more than 10,000 individuals.
During these challenging months, the locators were some of our
biggest contributors. In April, Yokoisada Philippines Corporation (YPC),
a locator-firm inside the Clark Freeport Zone announced their plans
to expand and produce around 2 million face masks a month. The
opening of the Hilton Clark Sun Valley Resort in December made us
optimistic that the Philippine economy is indeed ready to bounce back.
The success of the Philippine Basketball Association (PBA) Bubble in
Clark not only served as a boost to investor confidence, but more so
signalled the transition to the new normal and the country’s readiness
to re-open the economy. Hosting the first bubble was also a step in
reviving the tourism industry--and attracting tourism-related locators-
-which was badly affected by the pandemic.
The construction of Clark International Airport’s new passenger
terminal was completed in September, ahead of its October deadline.
Its much anticipated opening in mid-2021 will further establish Clark
as a major international gateway and premiere economic hub in the
region.
These accomplishments, done despite odds, would not have been
possible without the diligence and determination of the CDC
board of directors, management and staff. The people of CDC have
demonstrated the essence of Clark as a resilient, sustainable, and
inclusive city that gives bigger and better opportunities for all Filipinos.
Clark truly does work - like a dream.
My sincerest gratitude to all of you. I look forward to more sustainable
and inclusive projects in the future!
3
CLARK DEVELOPMENT CORPORATION
Jose P. De Jesus
Chairman
Clark Development Corporation
March 2017 to November 2020
4
2020 ANNUAL REPORT
Clark’s light shines through. The year 2020 may has been a
challenging time for everyone across the globe. But through
it all, Clark Freeport Zone became a beacon of hope amidst
adversity in the country.
At the onset of the COVID-19 pandemic, the welfare, health,
and safety of all stakeholders and employees in the Freeport
remained to be our utmost priorities. Strict guidelines,
and standard protocols were laid out to ensure everyone’s
protection against the dreaded disease. Premier facilities
served as safe havens for those stricken by the virus, while
health workers braved the pandemic and placed others’ lives
before their own.
And even when everything seemed to be upended by the
unforeseen health crisis, Clark Development Corporation
persisted with its thrust and commitment of lending a hand to
various communities in the region. This taught us that any kind
of support, big or small, can help to save one’s life. Unity also
became our battle cry to outshine an invisible enemy.
On behalf of the CDC Board of Directors, I would like to
extend our sincerest thanks to everyone who contributed in
making our COVID-19 programs and initiatives possible. To
our locators, your valuable support and trust have enthused a
stronger, safer, and sustainable economy in Clark.
I also salute all CDC executives, officers, frontliners and
employees for doing a job well done. Your efforts will always
be ingrained in the hearts of all individuals whose lives you
have touched during the most challenging times.
I will always honor the opportunity of having worked with
dynamic, capable, and talented leaders and individuals in one
of Asia’s premier investment and tourism destinations. Lastly,
I would like to congratulate CDC’s new management under
the able leadership of Chairman Edgardo D. Pamintuan and
President and CEO PBGen. Manuel R. Gaerlan (Ret.). May you
continue to stir developments in Clark and let its light shine
through not only in the country, but also across the Asia Pacific
Region.
Maraming Salamat po!
2020 ANNUAL REPORT
Noel F. Manankil
Officer In Charge
July 2016 to November 2016
President and CEO
December 2016 - October 2020
Engr. Mariza O. Mandocdoc, PhD.
Officer-in-Charge
Office of the President and CEO
Clark Development Corporation
October 2020 to December 2020
CLARK DEVELOPMENT CORPORATION
Covid-19 failed to fully halt Clark’s economic upturn.
Since March 2020, as the country faced serious challenges
due to the pandemic, CDC is on an unenviable task –
keeping the economy going while trying to keep everyone
safe.
This means letting industries, as allowed by the
government, to operate and go about their usual business
while checking on their strict adherence to health
protocols.
It is a tough balancing act. To that end, CDC efficiently
managed the situation. At pandemic’s start, Clark was
the only Freeport that allowed unhampered, continuous
operations of critical manufacturing firms through the
uncertainties of the Enhanced Community Quarantine
(ECQ) period.
Clark is not an island. Neither is it invincible. Locators and
workers were also affected but generally, Clark remains as
a resilient economic hub.
While a few closed shop, some new businesses opened –
including a new hotel with international brand.
While global trading slowed down, Clark export activities
and investment climate remains healthy and dynamic.
While revenues may have been limited, Clark still managed
to contribute over a Billion Pesos to national and local
coffers.
While there may have been travel restrictions, we opened
new boundaries on greater cooperation and solidarity. Our
partnerships with host local government units and Clark
locators were made even stronger and, more beneficial.
Stakeholders remain optimistic and hopeful as Clark is
fast recovering and reaching out to new gains and fresh
opportunities.
In Clark, we shine through the challenges.
5
CLARK DEVELOPMENT CORPORATION
Surviving Covid
– the Clark rebound
Is Clark exempted from the adverse
effects of the COVID-19 pandemic?
Definitely not! It has also suffered some
setbacks. After all, the health crisis
impacted on global trade and economy.
But Clark has continued to perform as
a formidable economic catalyst and
one of the major investment centers
and employment generators in the
Philippines despite the challenges
poised by the pandemic.
Prior to the pandemic, Clark has always
been a preferred investment hub hosting
investors and their businesses that
played key roles in the socio-economic
triumphs in the Philippines.
At the onset of the global health problem
that slowed down economies, CDC felt
the challenge and had to help cushion
the impact to Clark and its stakeholders,
particularly locator-firms and investors.
Despite the pains, Clark remained
resilient and steadfast.
8
2020 ANNUAL REPORT
The effects of the pandemic in Clark, though
both perceptible and felt, were not as adverse.
Long standing policies that ensure sound
investment climate, business viability and
profitability had stemned the tide.
No less than former Philippine President Gloria
Macapagal Arroyo, Presidential Adviser for
Clark Flagship Programs and Projects, cited the
prevailing economic climate that had led to a
formidable stand and rebound of Clark.
Citing the strength of Clark, Mrs. Arroyo said
investors deserve to be proud, as she noted
that a minimal number of locators and not too
many of the workers fell prey to the pandemic.
She congratulated and thanked the locators for
their perseverance during the pandemic and
their resilience against the challenges it has
brought.
The former president noted that Clark withstood
the effects of the pandemic due to the incentives
for locators, world-class infrastructure, good
governance, and a highly skilled workforce.
These all combined to forge a bright future
ahead.
2020 ANNUAL REPORT CLARK DEVELOPMENT CORPORATION

The effects of the pandemic notwithstanding, the Clark Freeport Zone managed to maintain a
sizeable number of locators, employees, and exports:

Tourist arrivals
Locators
1,247,862
1,226
Overnight and Airport
same day visitors arrivals
Employment
753,475 494,387
115,375 Investments
UP 3.38%
Exports from Php 237 billion in 2019 to
US$ 6.45 billion Php 245 billion in 2020

Data from the Philippine Statistics Authority also

shows that of the three Investment Promotions
Agencies (IPAs) that posted a double-digit growth
in 2020, CDC led the way with 19%.

Economic figures in the Freeport

will continue to improve further
with the reopening of businesses
and the Covid-19 vaccine rollout
in the country.

Mrs. Arroyo added, “I think we can

be quite confident that the ease
of doing business will continue
under the management of Clark
(Freeport) and Clark Airport,”
because of the sound business
climate inside the Freeport.

9
 Defying the Pandemic
CDC’s own doctor underscores teamwork in fight against COVID-19]
Since the spread of the COVID-19 disease
across the globe, health workers at the
frontlines braved the challenges of the
pandemic every waking minute.
In Clark Freeport Zone, Dr. Clemencita Dobles,
Manager of Clark Development Corporation
(CDC) – Health and Sanitation Division and
Medical Group Director of the ‘Task Force
COVID- Clark Safe Haven’, played a key role
in helping keep the Freeport and its adjacent
communities safe and resilient in the face of
a health crisis.
“When the pandemic hit the area, a lot of
questions lingered in our minds. My main
concern was how to manage its effects with
numerous companies in the Freeport. One of
the challenges was adapting all the guidelines
and protocols set by the DOH and IATF in our
community.”
The team did not only handle situations in
the Freeport but also extended help and
10
guidance for various local government units
(LGUs) within the provinces of Pampanga and
Tarlac. The constant exchange of information
became the rudiment to prevent and mitigate
the spread of the disease.
For Dr. Dobles, defying the pandemic is a race
against time. “The most challenging part is
the timing. We need to be able to beat the
time between identifying and controlling.
Covid-19 will not wait for us and it will affect
more lives before we even know it. So timing
is really crucial.”
She described the roles of front-liners as
having “tested them beyond their limits”
which included managing the quarantine
facilities in the Freeport and at the New Clark
City in Tarlac. It was a whirlwind of referrals
and monitoring, logistical problems, and
rigorous contact tracing.
Synergy among all public and private health
units was crucial to saving lives. “Working
together was an important factor. In
this situation even I, as a doctor, could
not do it on my own. We had to have the
support of everyone.”
Dr. Dobles and her team’s encounter
against an invisible enemy may have
been hard but she believes that the
pandemic has also taught her and her
team a valuable lesson in their lifetime.
“Never think that you are wiser than you
are. Do not think that you are already
smart, and don’t even think that you can
do everything all by yourself. This kind
of mindset served as a tool for our team
to collectively reflect on what we can do
in times like this. We also collaborated
and get to know other doctors from
other places or provinces. So, we should
always work together because what
we can achieve as a team will be much
greater than what we can achieve on
our own,” she said.
Beyond Business
Clark’s top semicon firm sustains jobs of
workers amidst pandemic
The challenges brought about by the global health
crisis may have created an economic disruption
for various industries. But SFA Semicon Philippines
Corporation (SFA) -- a subsidiary of global consumer
electronics and mobile communications giant
Samsung and Clark Freeport Zone’s consistent top
exporter – remained steadfast despite uncertainty
and upheaval.
SFA kept its operations running and sustained
the jobs of 1,300 workers by providing them free
accommodations and an increase in compensation
at the height of lockdown. Without compromising
health and safety in the workplace, the company
deployed employees in batches. Free board and
lodging in a premium hotel and villa were provided
and the doubling of salaries was granted. To top it
off, employees who reported for work were granted
double their salary rates.
SFA also stepped up its support for front-liners
through its donation of 400 pieces of personal
protective equipment (PPE) and other essential items
to major hospitals.
SFA’s unwavering commitment to their employees,
as well as their cooperation with CDC and other
government agencies, ensured business continuity
while contributing to the greater good of Clark
Freeport Zone’s community and economy.
CLARK DEVELOPMENT CORPORATION 2020 ANNUAL REPORT

Financial Highlights
Unaudited financial statements for the year 2020 shows that CDC was significantly
affected in terms of revenues and net income due to the COVID-19 pandemic.

REVENUE P2.60B
2020 revenue of Php 2.60
Billion is 11% lower than the
2019 revenue of Php 2.93
Billion. The 2020 revenue
represents 10% of the total
revenues of Php 26.34 Billion.

Average revenue per year

from 2016 to 2020 (5 years)
is Php 2.32 Billion, which is
more than thrice the average
for the years 1996 to 2015
(20 years) of Php 0.74 Billion.
The last 5 years (2016-2020)
also accounted to 44% of total
revenues.

NET INCOME P0.84B

The unaudited figures show
a net income of Php 0.84
Billion, which is 52% lower
compared to 2019 actual of
Php 1.75 Billion. The 2020 net
income represents 10% of the
accumulated earnings of Php
8.78 Billion.

Net income for the last 5 years

(2016-2020) also surpassed
the combined net earnings in
the past 20 years (1996-2015)
by 91%. Of the aggregate net
income, 66% represents the
period 2016 to 2020.

12
2020 ANNUAL REPORT CLARK DEVELOPMENT CORPORATION

CASH POSITION P5.19B

The cash position by
the end of 2020, duly
supported by bank and
financial documents,
improved by 4%
compared to 2019 figure.
This is after payment
of cash dividends,
infrastructure projects
and operating expenses,
among others.

The 2020 cash level of

Php 5.19 Billion is 30
times more than the
1996 cash level of Php
173 Million. The 2020
cash level is more than
twice the 2015 cash level
of Php 2.33 Billion.

TOTAL REMITTANCE
TO THE GOVERNMENT P5.20B
CDC remitted Php 1.08 Billion in cash Total cash dividends remitted is Php 5.20
dividends to the Bureau of Treasury for Billion, of which Php 3.15 Billion or 60%
the dividend year 2019 and Php .050 represents the dividend years 2016 to 2020.
Billion for year 2020

13
CLARK DEVELOPMENT CORPORATION 2020 ANNUAL REPORT

Business Development
NEW DIRECT LEASES AND LOCATORS

POLICY ENHANCEMENT. II. LOCATORS:

A Comprehensive Leasing Policy which The number of locators remained high at 97%
was approved by the CDC Board on 30
July 2020 for a balanced development
of Clark Development Corporation to
1,226
achieve its mission and vision for the
Clark Freeport Zone. The Policy is further
aligned to the 2018 Comprehensive
Master Development Plan and Business
Plan for the Clark Freeport Zone.

I. SOCIO-ECONOMIC MEASURES AT
A GLANCE. The 116.98% committed
investment achieved for CY 2020 is
attributable to the signing of mixed use
development projects arising from the
Partial Deed of Assignment of an existing
lease.
III. OTHER SUPPORT TASKS.
Assisted 509 locators for TIMTA compliances.
An 11% increase of compliance compared to
the same period last year and 199 locators
in updating/lodging of e-TAPS for import and
export related transactions.

IV. GENERATED REVENUES

Php 592.5 Revenues generated from new direct leases and

new locators for CY 2020

million
Php 105.03 Revenues from visa endorsement fees and other related
transaction fees.

million

Php 16.8 CDC shares from long term sublease/approval of Villa Land Use
Certificates (VLUC) and Condominium Certificate of Leasehold

million Rights (CCOLR)

14
2020 ANNUAL REPORT
RENEWALS AND AFTER SALES
I. FINANCIAL HIGHLIGHTS
Php 183,552,413.28 earned revenue
for the year 2020 from processing
fees, transfer fee, other direct lease
fees(MGL/SD/PS/ALP) and sublease
rental shares.
• Php 2.8 Million was generated
from processing fees from signed
approvals and permits (new, renewal,
amendment, expansion) of direct
leases, subleases, concessionaires
and letter approvals.
• Php 155 Million from renewal
of direct leases derived from the
payment of Transfer Fee, Minimum
Guaranteed Lease (MGL), Advance
Lease Payment (ALP), Security
Deposit (SD), and Performance
Security (PS).
• Php22.4Million revenue from rental
shares from Sublease Approvals.
• Php2.4 Million revenue generated
from penalties and charges derived
from operating with expired permit,
Jobs
As of December 2020, the total
employment in the zone was
115,375
CLARK DEVELOPMENT CORPORATION
without approved business permits, sub-
lessor allowing the occupancy of leased
area without CDC approval and late
renewal application.
II. PERFORMANCE COMMITMENTS.
Investment commitments from commercial
industries’ sector increased significantly by
78% compared to 2019’s figure of only 6 %.
III. BUSINESS ASSISTANCE
• 86 new locators for after-sales briefings
related to business permits and other
concerns.
• 27 direct lease locators and 8 subleases for
reprieves of lease rentals.
• 124 locators for compliance with business
and financial obligations.
IV. Support for the government’s
“Bayanihan: We Heal As One” Act. Provided
assistance and coordination for 1,262 CFZ
locators in line with IATF/LGU/CDC safety
protocols, inter-LGU coordination, workers’
accommodations, donations for frontline
workers, and other concerns.
A 3-day Hired on the Spot (HOTS)
Online Clark Freeport Zone Jobs Fair
was held via Zoom. Out of the 215
applicants, 11 were Hired on the Spot
(HOTS) as reported by CFZ Locators.
15
CLARK DEVELOPMENT CORPORATION 2020 ANNUAL REPORT

Trade Facilitation
In compliance with the Republic Act No. 11032, otherwise known as “Ease of Doing Business
and Efficient Government Service Delivery Act of 2018”, Trade Facilitation Division (TFD)
managed to process and approve 43,714 various permits.

I. PERMITS PROCESSING PERFORMANCE II. REVENUE COLLECTION

8:00AM-5:00PM 5:01PM-7:59AM
Php 110,153,985.13
457 119 Total Revenue Collections for CY 2020

average number of permits

processed per day for CY 2020

210,846
total number of permits
processed for CY 2020

100%
percentage of permit applications
processed within Target Time

III. CFZ LOCATORS’ TRADE PERFORMANCE

IMPORTS
For the Year 2020, total e-TAPs applications
amounted to US$4,475,818,296.26 in which
Semiconductor industry imports account
for 82.64% (US$3,698.65 million), Other
Manufacturing for 6.07% (US$271.66 million)
and Electronics for 3.53% (US$158.22 million).
Services and other sectors account for the
remaining 7.76%.
EXPORTS
For the year 2020, TFD recorded e-EDs applications
totaling to US$6,453,329,325.85 (direct exports).
Of this amount, exports in the Semi-conductor
industry account for 85.84% (US$5,539.29
million), followed by Other Manufacturing with
7.43% (US$479.43 million) and Electronics with
4.24% (US$273.54 million), respectively. Other
sectors account for the remaining 2.50%.

US$4,476 US$6,453 US$8,150

Million Million Million
TOTAL IMPORTS CY2020 TOTAL EXPORTS CY2020 TOTAL EXPORTS CY2020
w/ Texas Instruments

16
2020 ANNUAL REPORT CLARK DEVELOPMENT CORPORATION

Tourism
GCG PERFORMANCE TARGET SPECIAL EVENTS HIGHLIGHTS
No. of attendees in CDC-initiated/
assisted projects and events

70,056
EVENT ATTENDANCE

Special events continuously bring

people to Clark where a total of
70,056 visitors attended 97 events.

Php 6,746,062.00
REVENUES
VISITORS ARRIVAL
from CDC Managed Facilities and
Advertising Spaces
A total of

1,247,862
visitors arrived at Clark in 2020. THERE’S NO PLACE LIKE HOME

MEETINGS & CONVENTIONS

78,780
REPATRIATES ASSISTED
* as of January 14, 2021

177 4,351 100%

MICE EVENTS PARTICIPANTS HOTEL OCCUPANCY

17
CLARK DEVELOPMENT CORPORATION 2020 ANNUAL REPORT

Clark: Solace in desperate times

There is no doubt the pandemic struck the world like a thief in the night – the world stopped
on its tracks and made us all feel very vulnerable. It forever changed our outlook in life. The
aftermath has yet to be fully assessed as we continue to struggle with the effects of the
pandemic, but it has taken its toll on mankind.

When the national government imposed the very first community quarantine in March
2020, hundreds of people found themselves stuck where they were at the time of the
declaration. It did not matter if they were just visiting friends or relatives in various parts
of the country, or if they were Overseas Filipino Workers (OFWs) who recently arrived. They
were held somewhere, befaced with many uncertainties.

Safe Haven Reliable Transportation

The phenomenon of Locally Stranded
Individuals (LSIs) may have started in
Clark in March 19, 2020. This was when
some 200 passengers, mostly OFWs, who
found themselves stranded at the Clark
International Airport. With the community
lockdowns in place, they could not go to their
home provinces. Moreso, they could not go
back to the countries where they came from.
The Clark Development Corporation (CDC)
made sure that the Freeport was a safe haven
for these stranded individuals and provided
free board and lodging, their home away
from home.
CDC, the Bases Conversion and Development
Authority (BCDA), Clark International Airport
Corporation (CIAC), and Luzon International
Premier Airport Development Corporation
(LIPAD) then worked out chartered flights to
bring the LSIs home to as far as Davao and
Cagayan de Oro.
Some Freeport locators did not cease
their operations and continued to
provide services despite the limited
workforce. But with limitations on
public transportation and varying levels
of community quarantine, employees
found it difficult to report for work as
much as they wanted to.
CDC and BCDA set aside concerns about
operating expenses and decided to
make the ‘Clark Loop’ operational. The
Bus Rapid Transit (BRT) system had 10
buses available for three active routes
around the Clark Freeport Zone for free.
It has since become one of the primary
modes of transportation during the
lockdown.

20
2020 ANNUAL REPORT
COVID Facilities
The CDC and BCDA immediately set
into motion the conversion of some
existing facilities inside the Clark
Freeport and CSEZ into quarantine
centers for COVID-19 patients in Central
Luzon during the Enhanced Community
Quarantine (ECQ) for the entire Luzon.
The ASEAN Convention Center (ACC)
was converted into a 150-bed COVID
facility which is being used by those
with mild symptoms of the dreaded
disease. The Athletes’ Village at the NCC
was also turned into a quarantine area
for suspected cases while the National
Government Administrative Center
(NGAC) also served the same purpose
with its 688 beds.
CLARK DEVELOPMENT CORPORATION
Community Assistance
and Passage
CDC also shared its blessings with Local
Government Units (LGUs) such as Angeles
City, Mabalacat City, Municipalities of Porac
and Magalang in Pampanga, as well as the
Municipalities of Concepcion and Capas in
Tarlac province.
A total of P10.5 million worth of medicines,
medical equipment, rice, and canned goods
were given to the LGUs.
A Joint Executive Order was also signed by
the Province of Pampanga, Province of Tarlac,
and Angeles City to harmonize guidelines and
protocols between and among LGUs belonging
to the Metro Clark Advisory Council (MCAC).
21
CLARK DEVELOPMENT CORPORATION

Silver Linings
The year 2020 was not all that bad. It may not have been a banner year,
yet there were silver linings. And they were no ordinary feats, much
less ‘pa-consuelo lang’ or mere consolation in difficult times.

The Clark Freeport Zone went on to be recognized on many fronts.

Foremost of which is bagging its 3rd Sports Tourism Destination of the
Year award given by the Philippine Sports Tourism Award. Clark bested
other top destinations like Cebu, Subic, Bohol, Dumaguete, to name a
few.

In the field of service, CDC was given two recognitions in 2020 by the
Philippine Air Force. One is the Affiliated Reserve Unit of the Year as the
2320th PAF Affiliated Reserve Group where about 200 CDC employees
underwent Military Officers Training and Unit Active Duty Training.
The other was the PAF Local Stakeholder Award in recognition of the
humanitarian efforts and disaster response in relief operations.

On corporate efficiency, CDC passed another audit under ISO 9001:2015

Quality Management Systems. The certificate proved once again the
adherence to higher standards of operations and management audit
as practiced by top corporate entities.

There were also other victories which may seem small yet much impact
on the viability of the Clark Freeport Zone. These include:

-Proposed area for the transfer of PAF to the Clark Special Economic
Zone, and the conversion of existing area into leasable areas for
development

-Signed direct leases with committed investment of Php2.3 billion

and employment of 1,358 workers

- Hilton opening

22
 2020 ANNUAL REPORT

Clark had very significant mileage on traditional and social

media as seen on actual live broadcast and replays of games.

The PBA Bubble

Just as when almost every destination and every sporting event either closed down or have
been restricted, Clark Freeport Zone took the challenge of opening its doors – a bold move
that was seen as a boost – to the sporting world, the tourism industry, people’s morale, and
even the economy.

CDC played host to 12 teams in the ‘PBA Bubble’ – professional basketball teams that played
in Angeles City for 73 days. It was a gamble that paid off proving that indeed, no odds may
be insurmountable when we are united with one objective. We stood firm and resilient for
recovery.

The Clark PBA Bubble also became the model and catalyst for the FIBA to resume worldwide
elimination rounds leading to the World Championship with the Freeport again designated
as one of the hosts.

The Clark Freeport Zone generated its widest media exposure in years through mainstream and social media not only in the
Philippines but also in other parts of the globe. Clark was in the limelight on streaming video via the internet (300,000 game
video views on social media)*. Media values totaled to P24 million**

* per PBA media office

** per BCDA

23
 The Transition
The latter part of 2020 ushered in a new
leadership onto the following year.
With the resignation of Noel F. Manankil
as President and CEO taking effect on
November 1, Engr. Mariza O. Mandocdoc,
VP for Administration and Finance was
designated as Officer-In-Charge.
She kept the Corporation afloat,
remaining focused on service to
stakeholders, particularly Clark investors
and locators.
On January 14, 2021, retired PBGen
Manuel R. Gaerlan, CDC Director since
March 2019, became the top executive
of CDC.
From the get-go, Gaerlan, a graduate
of Master of Management at the Asian
Institute of Management with distinction,
underscored business recovery for
Clark’s locators and redefined the
Freeport’s global competitiveness in a
pandemic setting.
Sounding off a “Reset, Rebound,
Recover” battlecry, Gaerlan set focus
on the vision for Clark Freeport to be
a modern and sustainable aerotropolis
and preferred meetings, incentives,
conferences and exhibitions (MICE) and
tourism destination in the Asia-Pacific
region by 2030.
26
By focusing on an economic recovery plan,
Gaerlan firmly believed that the Freeport
can further contribute to the national
government’s initiatives in cushioning the
effects of the COVID-19 pandemic in the
country.
In a call for unity, Gaerlan reminded
everyone that Clark is not pitted against
economic hubs scattered across the country
nor is it competing against Manila. Instead,
Clark’s competition in terms of investments,
employment and development are the zones
in Indonesia, Vietnam, and even China.
To further promote the ease of doing
business in the Freeport, the new CDC
Management Team has embarked to
incorporate modern technology in the
state-owned firm’s system, methods, and
processes. With this approach, Clark will
be able to attract more investments and
achieve its vision and be a top destination in
the Asia Pacific Region.
With a similar passion and unrelenting drive
for growth and progress, lawyer Edgardo
D. Pamintuan, former presidential adviser
of President Gloria Macapagal-Arroyo, took
over the reins of the CDC Board of Directors
on February 5, 2021.
He replaced Jose P. De Jesus who resigned
as Chairman of the Board on November
 CDC President and CEO Manuel R. Gaerlan takes his oath of office before CDC-OIC chairman of the Board Vince
B. Dizon as CDC Director Nestor I. Villaroman (left) and CDC Vice Chairman Benjamin Defensor, Jr. witness the
proceedings.

5, 2020. In the interim, Vice Chairman

Benjamin P. Defensor, Jr. and BCDA
President Vivencio B. Dizon steered the
BOD.

Pamintuan is a dedicated and

experienced public servant who has
served in various capacities in local
government, in the cabinet, and in
international panels and undertakings.
CDC OIC - Chairman of the Board Vince B. Dizon (left)
He was instrumental in opening the swears in newly appointed CDC Chairman Atty. Edgardo D.
access to the Clark Freeport Zone and Pamintuan (right) on February 5, 2021.
other centers of economy with his
achievements in putting the major
thoroughfares like the North Luzon
Expressway (NLEx), Subic-Clark-
Tarlac Expressway (SCTex), South
Luzon Expressway (SLEx), the Tarlac-
Pangasinan-La Union Expressway
(TPLEx), and the Cavite Expressway
(CavitEx) in the network of Clark.

With due cognizance, the new The last quarter of 2020 and the first quarter of 2021 saw the
management recognized Mr. Manankil arrival of (L-R) CDC Chief of Staff Dennis Legaspi, VP for Security
Services Group PBGen. Sheldon G. Jacaban, VP for Engineering
and Mr. De Jesus for their dedication
Services Group Gen. Ralph Lachica Mamauag, VP for Business
and selfless service in CDC. Development and Business Enhancement Group Rynah F. Ventura

27
CLARK DEVELOPMENT CORPORATION
Admin
Clark Development Corporation’s
Human Resources Division became
instrumental in the agency’s plan to
cope with the pandemic as part of the
Covid Task Force Clark: Safe Haven.
HRD spearheaded the hiring of
medical personnel both for the ASEAN
Convention Center (ACC) and New Clark
City (NCC) in CSEZ.
From April to July 2020 HRD was able
to hire a total of one hundred and six
(106) medical personnel that includes
physicians, nurses, pharmacists, and
medical technicians.
Page 15
28
2020 ANNUAL REPORT
To ensure the safety of all CDC employees,
the HRD teamed-up with the Health and
Sanitation Division in administering
COVID Rapid tests on May 15, 2020 and
RT-PCR tests on August 13, 2020 to all
CDC employees including outsourced
personnel like security guards and utility
workers.
In addition, the HRD has been vigilant
in assisting CDC employees and their
qualified dependents who were infected
by COVID avail the benefits under the
Self-Administered Heath Plan of the
agency.
2020 ANNUAL REPORT CLARK DEVELOPMENT CORPORATION

Security

The Security Services Group exerted all efforts to achieve its goal to make
Clark Freeport Zone (CFZ) and Clark Special Economic Zone (CSEZ) safe
havens for foreign and local investors, residents and tourists, included these
interventions:

• Enhanced gate procedures for Center (ACC) which was converted

employees of locators authorized to con-
tinue operations, including issuance of ve-
hicle passes.
• Mandatory thermal scanning at
all gates of the CFZ.
• Enforced social distancing both
in vehicles and pedestrians entering the
Zone.
• Deployment of security per-
sonnel at the Asean Convention
into a temporary COVID-19 medical fa-
cility.
• Provision of assistance and security
for locally stranded individuals
(LSIs) that were billeted at The Man-
sions.
• PBA Bubble. Round-the-clock se-
curity assistance within the vicinity of
Quest and Lohas Hotels where players
and staff were billeted, and at the AUF
Gym where the games were held.
29
CLARK DEVELOPMENT CORPORATION
Legal Support
CORPORATE SERVICES DIVISION
A. Contract Review:
CDC, through the Corporate Services
Division (CSD) undertakes continuous
review and assessment of policies and
procedures to align with evolving business
practices and to address various needs
of the corporation. These evaluations
are reflected in the contract reviews
undertaken by the Division as part of its
core function. From January to December
2020, it has conducted a total of 119
reviews of various business contracts.
B. Legal Opinion:
While requests for opinion are typically
demand driven and arise out of
contemporaneous concerns of the
corporation, the LAG takes a holistic
approach in answering legal queries
by studying the legal framework and
applicability to CDC. In this regard, the
CSD rendered a total of 38 opinions from
January to December 2020.
CSD coordinated with its statutory counsel,
the OGCC to confirm these opinions and
further inform its own research.
C. Other Services:
CDC, through its Legal Affairs has rendered
legal assistance to CDC officers and
30
2020 ANNUAL REPORT
employees charged with criminal and
administrative cases or facing investigation
in connection with the performance
of their official duties. Legal support is
also extended through involvement in
various committee and business meetings
affecting the regular and ordinary course
of business, providing all the legal tools
necessary to serve the best interest of the
Corporation.
During the Enhanced Community
Quarantine (ECQ), arrangement and
support mechanisms of work in the
Division were implemented to facilitate
all the emergency requests for review and
legal opinions of the concerned Divisions/
Offices to address the needs of the
Corporation and ensure that the Contracts
and Emergency Procurements were aligned
and in accordance with the updated laws
and issuances of the National Government.
LITIGATION DIVISION
From January 01 to December 31, 2020, LD
attended a total of sixty-two (62) hearings
in different cases involving the corporation
and some of its officers/employees, before
the courts and quasi-judicial bodies,
whether on its own or in collaboration with
the Office of the Government Corporate
Counsel (OGCC).
2020 ANNUAL REPORT CLARK DEVELOPMENT CORPORATION

Estate Preservation
(Land Recovery)

1. Recovered Land from informal settlers

2. Ongoing Land Recovery

31
CLARK DEVELOPMENT CORPORATION
Environment
EPD started to recreate urban forests on pockets of open and green spaces by planting
1,108 different species of endemic and native trees every week from the onset of wet
season (June to October). This 5-year program will end in 2024 and will further reduce
carbon footprint in the zone.
A. PARKS AND ECOSYSTEM
MANAGEMENT SECTION (PEMS). The
Clark Tree Heritage Program involves
landscaping and maintenance, nursery
operations, tree planting, maintenance,
inventory, and cutting.
B. ENVIRONMENTAL QUALITY
MANAGEMENT SECTION (EQMS)
a. Environmental Compliance.
EPD has continuously monitored
all locators to secure, address, and/
or comply with the Certificate of
Environmental Compliance (CEC), RA
8749 or Philippine Clean Air Act of
1999, RA 6969 or Toxic Substances &
Hazardous & Nuclear Wastes Control,
and DENR Administrative Order 2014-
02: PCO Accreditation
b. Environmental Monitoring
includes overseeing five (5) river
systems traversing the Clark Freeport
Zone, ambient air quality and
wastewater (effluent), and Noise level
monitoring 70 decibels (db).
32
2020 ANNUAL REPORT
C. SOLID AND HAZARDOUS WASTE
MANAGEMENT. Includes compliance
with Clearance for Exit of Non-Hazardous
Wastes or Recyclables, Clearance for Exit of
Hazardous Wastes, Accreditation of Scrap
Buyer or Recycler (SBR), and Clearance for
Exit for the Disposition of Tree Logs/Debris
D. Other Projects / Activities
4.1 Multi-Partite Monitoring Teams
(MMT). Mandatory representatives
from DENR (PENRO), LGUs (Angeles or
Mabalacat), NGOs (EPA or Women’s Club
of Mabalacat) and CDC.
4.3 Relaunching of the Ban on Plastics
and Polystyrene (Styropor) and
Promotion of the Use of Eco- Friendly
Packaging Materials.
4.4 Proper Septage Management
At present, only two transporters
and treaters have complied with the
requirements of CDC and DENR namely,
EC Soliman Environmental Corporation
and Golders Green Enterprises.
2020 ANNUAL REPORT
Information Technology
NEW NORMAL SUPPORT
Several projects were implemented by the ITD in support of the corporation as we
tread into the “new normal”.
I. ESTABLISHMENT OF THE COVID 19
HOTLINE
ITD conceptualized and activated the
COVID-19 central hotline that served
towns and cities contiguous to the Clark
Freeport Zone.
The hotline exclusively catered to
COVID-19 concerns and was recognized
by the Department of Health.
II. COVID-19 TASK FORCE SUPPORT
• WiFi facilities and workstations were
established for the Asean Convention
Center (ACC) COVID-19 isolation
facility, Health and Sanitation Division,
Command Center, Pavilion, and the
Bicentennial Park to provide CDC
officers and personnel with open-air
CLARK DEVELOPMENT CORPORATION
meeting facilities, reducing the risk for
transmission.
• ITD also established several WI-
FI facilities and video conferencing
equipment throughout the CDC
Corporate Complex, enabling employees
to do virtual meetings from their offices.
III. AUTOMATION OF PROCESSES
• Online Office Supplies Requisition
System eliminating the need for
physical documents and travel to the
former warehouse.
• Document authentication system for
the Office of the President to
ensure authenticity and security of the
documents.
33
CLARK DEVELOPMENT CORPORATION
Corporate Social Responsibility
I. COVID 19 RESPONSE AND RELIEF
EFFORTS:
• CDC launched a resource mobilization
campaign entitled: “Bayanihan 2020:
Covid 19 ay Labanan, Pagkakaisa
ang Kailangan” where it was able to
generate a total of P 9.435M worth of
donations.
• Provision of Personal Protective
Equipment and Food Packs Php 2-M
(A Joint Project of Clark Development
Corporation, Widus Foundation,
Inc., Clark CSR Association, Inc. and
Philippine Amusement and Gaming
Corporation.
• Support to Frontline Personnel of
the Uniformed Service in the fight
against COVID 19 (tents, computers,
lamp posts, refrigerators)
II. CDC Food Security Program –
“Food Security Amidst COVID 19 crisis”
through the Integrated Farming System
(IFS) that aims to address the imminent
threat of food scarcity and to have a
year-round sustainable food supply with
the following components:
• Tissue Culture Laboratory. The
Laboratory will produce pest-resistant
plants and other ornamentals readily
available for farmers and landscapers.
• Food Security Food Project dubbed
“Kaligkasan Food Security Project”.
Establishment of a 1.5-hectare food
garden within the Mt. Arayat National
34 Park. CDC will provide financial
2020 ANNUAL REPORT
assistance for the land preparation,
planting materials, gardening tools, and
development of Small Water Impounding
System (SWIS)
III. CONTINUING ASSISTANCE FOR
EDUCATIONAL INSTITUTIONS.
Seventy-two (72) Public Schools from the
five contiguous areas of Clark and beyond,
and two (2) Division Offices which include
the Division Office of Tarlac and Angeles
City received the Annual Brigada Eskwela /
Educational Assistance.
• CDC-OB Pagsasarili Family Care Center.
Provides Early Childhood Care and
Education to IP students ages 3 to 4 and
Livelihood Skills and Training to IP parents.
• Memorandum of Agreement (MOA)
between Clark Development Corporation
(CDC), Bloomberry Resorts and Hotel, Inc.
(BHRI) and Bloomberry Cultural Foundation,
Inc. (BCFI) for the deployment of Five Family
Care Centers. Bloomberry donated FORTY-
SIX MILLION ONE HUNDRED EIGHTY-NINE
THOUSAND SEVENTY-EIGHT AND 80/100
(PhP 46,189,078.80) for the construction of
Family Care Centers.
• CDC Academic Excellence Award 2020.
Awardees received cash rewards of Php
10,000 for a four-year course degree
and 5,000.00 for tech-voc and Junior HS
graduates.
IV. MOVING TOWARDS SUSTAINABLE
FORMS OF CSR
• Soap Making Business. Targeted to aid
mothers from the OB Pagsasarili Program.
The group of Aeta soapsmiths was
officially recognized as Clark Indigenous
Soapmakers Association (CISA) by the
Department of Labor and Employment
(DOLE), and nominated as one of the Best
Success Stories of Department of Trade
and Industries (DTI).
• Saup Kabyayan Kareng Katutubong
Mangailangan”. Empowering Aeta
vendors within Clark commercial areas
by organizing them into associations and
providing them permanent agri-market
stalls and souvenir shops with financial
assistance as start-up capital.
• CACAO Model Farm and Processing
Facility. Established to assist upland
communities engaged in cacao farming
towards sustainable agricultural projects
to supplement their cash crops/root crops
production.
• “Kabuhayan Assistance for Displaced CFZ
Employees.” CDC formed a partnership with
Food Panda Philippines, Inc. to address the
increasing number of displaced workers.
Post onboarding of thirty (30) vendors:
gradual on-boarding and training of twenty
five (25).
V. SERVING BEYOND CLARK
Clark Cares Project:
Unity Amidst Calamity
• CDC flexed its long arm of Corporate Social
Responsibility to the victims of Typhoons Rolly
and Ulysses, donating relief goods, hygiene
materials, clothes, food items, bottled water,
medicine supplies, face masks and shields,
and financial assistance in cooperation with
multiple CFZ registered locators and several
private individuals. The collected goods were
distributed to places which were severely hit
by the typhoons such as Cagayan, Marikina,
and Camarines Sur.
• CDC extended its Clark Cares Program to the
victims of Taal Volcano eruption and donated
relief goods, hygiene kits, clothes, ready-to-eat
food items, bottled water, and face masks in
cooperation with thirty-two (32) CFZ registered
locators, seven (7) private individuals and the
Widus Foundation Incorporated (WFI).
• CDC sponsored a Motorcycle Patrol which
will be used in roving the Barangay Mining,
Angeles City to assure public safety of the
community.
35
CLARK DEVELOPMENT CORPORATION 2020 ANNUAL REPORT

Engineering

INFRASTRUCTURE PROJECTS

36
Of Public Service and
Recognition:
COA cited CDC’s COVID – 19 efforts, initiatives
In recognition of the various efforts
and initiatives to control and mitigate
the spread of COVID-19 disease, the
Commission on Audit commended CDC
for its commitment and dedication in
helping the country curb the effects of
the global pandemic during their 2020
observation audit.
COA also acknowledged members of the
Task Force COVID 19 – Clark Safe Haven
Team for their selfless contribution to
safeguard the health and well-being of
employees, stakeholders, and residents
within and near Clark Freeport Zone.
CDC’s numerous response programs
“We commend all CDC officials (past
and present) and employees for their
quick and proactive response to mitigate
the effects of the COVID-19 outbreak
in Clark and nearby provinces such as
Pampanga and Tarlac.” - COA
which include the establishment of COVID
facilities, and the adoption of significant
protocols that were benchmarked and
emulated by other areas in the country were
also cited. These and all the other notable
projects of CDC became beneficial not only
for this Freeport but also for its adjacent
provinces and communities.
Aside from COA’s recognition, other agencies
such as the Department of Public Works and
Highways (DPWH) in December last year,
also recognized CDC for its efficient health
unit, COVID – related projects, and COVID
facilities which were all vital in cushioning
the impact of the pandemic in the region
and in the country.
37
 CLARK DEVELOPMENT CORPORATION

2020 BOARD

01 02 03

07 08 09

2021 CDC Board of Directors (L-R) Dir. Jon T. Castro, Dir. Felimon T. Santos Jr.,
40 Dir. Ana Liza A. Peralta, Dir. Ernesto D. De Vota, Dir. Arturo B. Ortiz,
OIC - Chairman of the Board Vivencio B. Dizon
OF DIRECTORS

04 05 06

10 11 12

2021 CDC Board of Directors (L-R) Chairman of the Board Edgardo D. Pamintuan,
Vice Chairman Benjamin P. Defensor Jr., President and CEO Manuel R. Gaerlan, 41
Dir. Emmanuel B. Salamat, Dir. Nestor I. Villaroman Jr., Dir. Luisito V. Clavano
01 : JOSE P. DE JESUS
Chairman of the Board
Age: 85, Filipino
Date of Appointment: 10 March 2017 – 31 November 2020
In the early days of his career, he was an Executive
Vice President of the Development Academy of the
Philippines.
He was undersecretary of education, culture and
sports (now DepED) from 1986 to 1987, cabinet Sec-
retary in the Office of the President, and concurrent
President of the Development Academy of the Philip-
pines from 1987 to 1991.
Following the destructive earthquake in 1990, he
was designated as Chairman of the Presidential Task
Force on Post-Earthquake Rehabilitation from 1990
to 1991, and was also the Secretary of the Depart-
ment of Public Works and Highways from 1990 to
1993.
He has degrees in AB Economics and Master of
Arts in Social Psychology from the Ateneo De Manila
University in 1956 and 1966 respectively, and Gradu-
ate studies in Human Development from University
of Chicago in 1968.
He was the President and the Chief Executive offi-
cer of Manila North Tollways Corporation from 2000
to 2008 and Manila Electric Company from 2009 to
2010. From 2010 to 2011, he became the Secretary of
the Department of Transportation and Communica-
tions (now Department of Transportation).
He is also a Consultant of the San Miguel Corpo-
ration and a board member of a number of private
corporations and non-profit foundations.
Board Committees:
• Chairman, Executive Committee
• Chairman, Sub-Zone Development and Corporate Social
Responsibility Committee
• Member, Security Committee
Number of Board Meetings attended as of November 2020
: 20/20
Number of Board Committee Meetings attended as of
November 2020 : 36/36
Note: No membership holding more than 5 or more
positions in GOCCs and PLCs.
02 : VIVENCIO B. DIZON
OIC- Chairman of the Board
Age: 46, Filipino
Date of Appointment: 03 December 2020
He was appointed as the Officer-In-Charge, Chair-
man of the Board of Clark Development Corporation
(CDC). He is the current Presidential Adviser on Flag-
ship Programs and Projects, and the President and
Chief Executive Officer of the Bases Conversion and
Development Authority (BCDA).
Prior to holding the Executive positions in BCDA,
he was a consultant of then Senate Majority Leader
Alan Peter Cayetano; Undersecretary for the Political
Affairs of the Office of the President of the Republic
of the Philippines; and Chief of Staff of the Office of
Senator Edgardo Angara.
He was also an assistant professor of Economics
42
at De La Salle University. He obtained his degrees in
Bachelor of Arts in Economics and Bachelor of Sci-
ence in Commerce major in Management of Financial
institutions from De La Salle University. He was also
a Chevening Scholarship Awardee in 1998 and ob-
tained his Master of Science in Applied Development
Studies from the University of Reading in the United
Kingdom.
Board Committees:
• Chairman, Executive Committee
Number of Board Meetings attended as of December 2020
: 3/3
Number of Board Committee Meetings attended as of
December 2020 : 1/1
Membership holding positions in GOCCs and PLCs.
• Deputy Chief Implementer, National Action Plan Against
COVID-19
• Presidential Adviser, Flagship Programs and Projects
• President & CEO, Bases Conversion and Development
Authority
• Chairman, Subic-Clark Alliance and Development
• Vice Chairman, Clark International Airport Corporation
• Member, Board of Directors, Fort Bonifacio Development
Corporation
• Director, Bonifacio Estates Services Corporation
• Director, Bonifacio Global City Estates Association
03 : BENJAMIN P. DEFENSOR, JR.
Vice Chairman of the Board
Age: 73, Filipino
Date of Appointment: 27 January 2017
He is a former Chief of staff of the Armed Forces of
the Philippines and Commanding General of the Phil-
ippine Air Force. He is one of the only two Air Force
Chiefs to command the entire AFP, a position domi-
nated by Army and PC generals. He is also a Presiden-
tial Adviser and Philippine Ambassador.
He is distinguished graduate of the Philippine Mil-
itary Academy, with the unequalled distinction of
Master of the Sword, Athletic Saber and National De-
fense Press Awardee, Editor-in-Chief, Class President,
a singular achievement of scholastic versatility and
athletic prowess.
His postgraduate studies include Master in Mass
Communication from University of the Philippines,
Master in Public and Business Management from De
La Salle University and Air Transport Course from the
Asian Institute of Management. He has a PhD in pub-
lic administration. He also graduated valedictorian
from JBL Maritime University in 1965.
In 1974, despite being wounded in action, he made
military history by earning the highest combat award
of his name, twice, within 24 hours of continuous
fighting in Jolo Sulu. He is one of the most decorated
in the AFP and is the only commander to be given the
Military Leadership Excellence award by two Presi-
dents: Estrada and Arroyo.
A noted scholar and strategist, General Defensor
consistently topped his schoolings. He completed
with distinction his General Staff Course at the Unit-
ed States Air University in 1985. He undertook sever-
al military training courses in the USA, Germany, Italy,
and Russia. In 2001, the US Air University inducted
him to its International Hall of Fame for his achieve-
ments. He has a rich corporate background, having
been Chairman of the board of five (5) established
companies in finance, logistics, and insurance and
served as Director of one of Asia’s biggest business
conglomerates. He was Chief Executive in shipping,
mass media, real estate, and the material corpora-
tions during the period of sequestration. In military
circles, he is referred to as the Achiever Par Excel-
lence. He created the Air Force City Air Base, won the
Best Air Base Award, and set the record as the first
Commander to win two best Air Base Wing awards in
two consecutive years, in two different commands.
In 2006, he was selected Chairman of the Count-
er-Terrorism body of the Asia Pacific (APEC) and im-
mediately strengthened the objective of securing
trade with an innovative counter-terrorism action
plan and “middle way” strategy in a traditionally eco-
nomic forum. For contributing immensely to the APEC
vision of stability and prosperity, he was named “Best
Performer of APEC” with a tribute given by senior of-
ficials of the US, China, Russia, and the Pacific states.
After his tenure, he was strongly recommended by
APEC officials and named Phil. Nominee by Pres. Ar-
royo to head the Counter-Terrorism body of the Se-
curity Council of the United Nations.
Trainings Attended for the year 2020:
• Webinar on How to conduct an Effective Management Review,
Rosehall Consultants Inc., 02 December 2020, via Zoom
Board Committees:
•Chairman, Finance, Investments, and Infrastructure
Committee
• Member, Executive Committee
Number of Board Meetings attended as of December 2020
: 24/24
Number of Board Committee Meetings attended as of
December 2020 : 33/33
Note: No membership holding more than 5 or more
positions in GOCCs and PLCs.
04 : NOEL F. MANANKIL
President and Chief Executive Officer
Age: 49, Filipino
Date of Appointment: 01 December 2016 – 30 October 2020
His career in Clark Development Corporation
started in 1996 when he was a Senior Finance Offi-
cer for Corporate Planning, and in 1998 when he was
the Officer-in-Charge for the Corporate Planning.
Through the years, his career progression went from
Officer-in-Charge and Manager for Internal Audit,
Vice President for Finance from 2001 to 2013, Vice
President for Admin and Finance from 2013 to 2016,
then as President and Chief Executive Officer in 2016
up to his retirement.
He graduated with a degree in Commerce, major
in Accounting at De La Salle University and passed
the Certified Public Accountant Licensure Examina-
tion in 1991, also earning units in Master of Science
in Computational Finance at De La Salle University.
Board Committees:
• Member, Executive Committee
• Member, Finance, Investments, and Infrastructure Committee
• Member, Business and Tourism Committee
• Member, Sub-Zone Development and Corporate Social
Responsibility Committee
• Member, Crisis Management Corporation
Number of Board Meetings attended as of October 2020 :
18/18
Number of Board Committee Meetings attended as of
October 2020 : 44/46
Note: No membership holding more than 5 or more
positions in GOCCs and PLCs.
05 : JON T. CASTRO
Director
Age: 50, Filipino
Date of Appointment: 28 June 2019
He is an entrepreneur, owner, and manager of The
Partyland Restaurant, Bale Campampangan Restau-
rant, and Yatu Food Hall; all located at the City of San
Fernando, Pampanga. His field of expertise include
Business and Management.
He graduated with a degree in Commerce, ma-
jor in Business Management at University of the As-
sumption in 1994. He is currently a member of the
Rotary Club of Metro San Fernando and Pampanga
Chamber of Commerce. He is also a member of the
Hotel and Restaurant fusociation of Pampanga
Trainings Attended for the year 2020:
. Webinar on How to conduct an Effective Management Review,
Rosehall Consultants Inc., 02 December 2020, via Zoom
Board Committees:
. Chairman, Business and Tourism Committee
. Member, Security Committee
. Member, Audit and Corporate Governance Committee
Number of Board Committee Meetings attended as of
December 2020 : 24/24
Number of Board Meetings attended as of December 2020:
20/20
Note: No membership holding more than 5 or more
positions in GOCCs and PLCs.
06 : LUISITO V. CLAVANO
Director
Age: 66, Filipino
Date of Appointment: 09 September 2019
He was previously a member of the Board of Di-
rectors of Prime Cars Corporation. Currently, he is
the proprietor of LVC Foods, Chairman of the Board
of Alamo Transport Leasing Services, Inc., and former
Executive Director of Road Board of the Philippines
from 2016 to 2019.
He graduated at University of San Carlos with a de-
gree in Commerce.
Trainings Attended for the year 2020:
• Corporate Governance Orientation Program for GOCC,
Institute of Corporate Directors, 26-27 Nov 2020, via zoom
• Webinar on How to conduct an Effective Management Review,
Rosehall Consultants Inc., 02 December 2020, via Zoom
Board Committees:
• Member, Executive Committee
• Member, Audit and Corporate Governance Committee
• Member, Human Resources, Nomination, and Organizational
Development Committee
• Member, Business and Tourism Committee
Number of Board Meetings attended as of December 2020
: 24/24
Number of Board Committee Meetings attended as of
December 2020 : 47/47
Note: No membership holding more than 5 or more 43
positions in GOCCs and PLCs.

07 : ERNESTO D. DE VOTA
Director
Age: 67, Filipino
Date of Appointment: 26 May 2017
He is a CPA lawyer by profession and a business-
man. Earlier in his career, he was a partner in R.R. Tan
& Associates, CPAs from 1974 to 1985, a professor
in the Philippine School of Business and Accountancy
from 1980 to 1985, and a college of law professor at
the University of Manila from 1983 to 1986.
Also a former professor of business law and tax-
ation at the Holy Angel University and the President
and General Manager of De Vota Agri-Farms Incorpo-
rated.
He graduated at the Manuel L. Quezon University
with a degree in Commerce, major in Accounting in
1973, and a graduate degree in Law at Far Eastern
University in 1979.
Until 2010, he was with the Bureau of Internal
Revenue as Assistant Regional Director. He is also a
member of the Philippine Institute of Certified Pub-
lic Accountants and Integrated Bar of the Philippines,
Tarlac Chapter.
Trainings Attended for the year 2020:
• Webinar on How to conduct an Effective Management Review,
Rosehall Consultants Inc., 02 December 2020, via Zoom
Board Committees:
• Chairman, Audit and Corporate Governance Committee
• Member, Executive Committee
• Member, Finance, Investments, and Infrastructure Committee
• Member, Human Resources, Nomination, and Organizational
Development Committee
• Member, Business and Tourism Committee
• Member, Risk Management, Legal and External Relations
Committee
Number of Board Meetings attended as of December 2020
: 24/24
Number of Board Committee Meetings attended as of
December 2020 : 60/60
Note: No membership holding more than 5 or more
positions in GOCCs and PLCs.
08 : MANUEL R. GAERLAN
President & CEO
Age: 57, Filipino
Date of Appointment: 15 March 2019
Manuel R. Gaerlan is a retired police officer with
the rank of Police Brigadier General. He graduated
from the Philippine Military Academy summa cum
laude and received thirteen awards including the
Presidential Saber as Class Valedictorian in 1985. Pri-
or to PMA, he was a Mechanical Engineering student
in the University of the Philippines-Diliman, where he
was a consistent College and University Scholar from
1979 to 1981. He completed his Master’s Degree in
Public Administration from the Manuel L. Quezon
University in 1996 and Master in Management with
distinction from the Asian Institute of Management
in 2002.
Aside from the various positions he held in the
Philippine Constabulary, AFP, and the Philippine Na-
tional Police, he served as a consultant of the Pro-
44
vincial Governor in Cavite and as the Acting Chief of
Staff in the Office of Rep. Juan Apolinario Lozada, Jr. A
Presidential Lingkod Bayan awardee in 2013, Director
Gaerlan had a long distinguished career in the Phil-
ippine National Police serving as the Deputy Direc-
tor and Executive Officer for the Directorate for Per-
sonnel & Records Management, Regional Director of
Police Regional Office 7 (Central Visayas) from 2015
to 2016 and Police Regional Office 11 (Davao Region)
from 2016 to 2018, among other positions.
Trainings Attended for the year 2020:
• Webinar on How to conduct an Effective Management Review,
Rosehall Consultants Inc., 02 December 2020, via Zoom
Board Committees:
• Chairman, Risk Management, Legal, and External Relations
Committee
• Member, Business and Tourism Committee
• Member, Executive Committee
• Member, Audit and Corporate Governance Committee
• Member, Security Committee
• Member, Crisis Management Committee
Number of Board Meetings attended as of December 2020
: 24/24
Number of Board Committee Meetings attended as of
December 2020 : 33/33
Note: No membership holding more than 5 or more
positions in GOCCs and PLCs.
09 : ARTURO B. ORTIZ
Director
Age: 64, Filipino
Date of Appointment: 10 November 2017
In 1979, he served as the Security/ Escort Officer
in the Presidential Security Command, and continued
his service in the Philippine Army from 1979 to 2011.
He handled positions such as Tactical Officer for
Army Special Warfare Brigade, Team Leader of 10th
Special Forces Company, Operations and Training Of-
ficer of the Combat Training Center in the Army Spe-
cial Warfare Brigade, and Commander of 606 Special
Forces Company. He was also the Operations Officer
of Special Forces Regiment, Commander of the 3rd
Special Forces Battalion, Executive Assistant in the
Office of the Commanding General, Chief of Admin/
Management/Modernization Branch for OG6 and the
Head of the Military Operation Department, Training
Command.
He was in the Philippine Military Academy from
2002 to 2003 where as the Head of Tactics Groupand
the Commandant of Cadets. He was back in the
Armed Forces of the Philippines in 2003 as the Chief
of AFP Command Center at the General Headquar-
ters. He continued his service as the Commander of
Task Force “Libra”, the Commander of Special Forces
Regiment, Commander of Special Operations Com-
mand, and as the Commanding General of the Philip-
pine Army from 2010 to 2011.
He graduated at the Saint Louis University with a
degree in General Engineering, Masters of Business
Administration at Ateneo De Manila University, and
Bachelor of Military Science at the Philippine Military
Academy Class of 1979 as Dean’s Lister and in the
Commander’s List. He is currently the Security Con-
sultant of Nickel Asia Corporation
 Trainings Attended for the year 2020:
• Webinar on How to conduct an Effective Management Review,
Rosehall Consultants Inc., 02 December 2020, via Zoom
Board Committees:
• Member, Audit and Corporate Governance Committee
• Member, Risk Management, Legal, and External Relations
Committee
• Member, Human Resources, Nomination, and Organizational
Development Committee
• Member, Finance, Investments and Infrastructure
Committee
• Member, Business and Tourism Committee
• Member, Sub-Zone Development and Corporate Social
Responsibility (CSR) Committee
Number of Board Meetings attended as of December 2020
: 24/24
Number of Board Committee Meetings attended as of
December 2020 : 40/40
Note: No membership holding more than 5 or more
positions in GOCCs and PLCs.
10 : ANA LIZA A. PERALTA
Director
Age: 51, Filipino
Date of Appointment: 08 February 2019
Earlier in her career, she was a Legal Researcher
in the Office of Senator Anna Dominique Coseteng,
an associate of Bito, Lozada, Ortega and Castillo Law
Office, and the Chief Legal Consultant to the Secre-
tary of Health. She also served as the No. 1 Municipal
Councilor in San Marcelino, Zambales from 2007 to
2010.
Currently, she is the Vice President for Legal and
Corporate Affairs, and Corporate Secretary of Zuellig
Pharma Corporation and the Zuellig Group of Com-
panies (ZGC). She is likewise a Director of various
companies in ZGC.
She finished BS Management Major in Legal Man-
agement, her pre-law course, at the Ateneo de Manila
University and graduated with a degree of Juris Doc-
tor from the same university in 1993. She became a
member of the Philippine Bar in 1994. Her areas of
expertise include Corporate, Commercial & Business
Law, Family Law, Admiralty, Corporate Governance,
Food and Drugs, Legislation, and Public Service.
Trainings Attended for the year 2020:
• Webinar on How to conduct an Effective Management Review,
Rosehall Consultants Inc., 02 December 2020, via Zoom
Board Committees:
• Chairman, Human Resources, Nomination, and Organizational
Development Committee
• Member, Executive Committee
• Member, Risk Management, Legal, and External Relations
Committee
• Member, Business and Tourism Committee
• Member, Sub-Zone Development and Corporate Social
Responsibility Committee
• Member, Crisis Management Committee
Number of Board Meetings attended as of December 2020
: 24/24
Number of Board Committee Meetings attended as of
December 2020 : 67/67
Note: No membership holding more than 5 or more
positions in GOCCs and PLCs.
11 : FELIMON T. SANTOS, JR
Director
Age: 56, Filipino
Date of Appointment: 08 October 2020
He is a retired Filipino general who served as the
former Chief of Staff of the Armed Forces of the Phil-
ippines. He attended the Philippine Military Academy
in 1982 and graduated in 1986 as part of the “Sinag-
tala” Class, and attended major courses in the Armed
Forces of the Philippines, such as the Scout Ranger
Course, the Military Intelligence Officer Basic Course,
the Field Artillery Officer Basic and Advanced Cours-
es, the Law of Armed Conflict and Human Right and
International Law Training, the United Nations Mili-
tary Observer and Staff Course in Ireland, the Comp-
troller Officer Basic Course, and the Command and
General Staff Course. He also holds a Master’s degree
in Management at the Philippine Christian University.
He served as the commander of the 703rd Brigade
of the 7th Infantry Division, Assistant Commander
of the 6th Infantry Division, Commander and Group
Commander of the Philippine Army Intelligence and
Security Group and Commander of the Philippine
Army Civil Military Operations Regiment.
He became the commander of the 7th Infantry Di-
vision from October 20L7 to January 20L9, became
the commander of the AFP Eastern Mindanao Com-
mand from January 20t9 to January 2020, before
being promoted as the Chief of Staff of the Armed
Forces of the Philippines on January 4, 2020, and ob-
tained his fourth star, to the rank of General on Jan-
uary 27,2020.
Trainings Attended for the year 2020:
. Webinar on How to conduct an Effective Management Review,
Rosehall Consultants Inc., 02 December 2020, via Zoom
Board Committees:
. Chairman, Security Committee
. Member, Audit and Corporate Governance Committee
. Member, Business and Tourism Committee
. Member, Human Resources, Nominations and Organizational
Development Committee
. Member, Sub-Zone Development and Corporate Social
Responsibility (CSR) Committee
Number of Board Meetings attended as of December 2020
08/08
Number of Board Committee Meetings attended as of
December 2020 10/10
Note: No membership holding more than 5 or more
positions in GOCCs and PLCs.
12 : NESTOR I. VILLAROMAN, JR.
Director
Age: 60, Filipino
Date of Appointment: 01 December 2016
His career revolves in public service that was high-
lighted by care for the urban poor and those who
need shelter and livelihood.
A great number of individuals have benefitted in
his efforts and initiatives, his tireless dedication man-
ifesting itself in his rise from the ranks in two govern-
ment agencies.
45
 Starting as Settlements Aide at the Ministry of
Human Settlements, he eventually became Section
Chief for Public Assistance and External Legal Affairs
Department.
The same reward was also given him at Presiden-
tial Commission for the Urban Poor where he was el-
evated from one position to another.
At the Quezon City Government, he also occupied
various key positions with unwavering service to ur-
ban poor, the pinnacle being Acting Assistant Depart-
ment Head of the Urban Affairs Office from 1997 to
1998.
He graduated with a degree in General Engineer-
ing at Mapua Institute of Technology in 1978 and a
degree in Business Administration, major in Manage-
ment in the National College of Business and Arts in
1982. He also graduated with a doctorate degree of
Philosophy in Public Administration (Honoris Causa),
major in Good Governance at Brethren Evangelical
School of Theology in February 2018.
Trainings Attended for the year 2020:
• Webinar on How to conduct an Effective Management Review,
Rosehall Consultants Inc., 02 December 2020, via Zoom
Board Committees:
• Member, Business and Tourism Committee
• Member, Executive Committee
• Member, Risk Management, Legal, and External Relations
Committee
• Member, Finance, Investments, and Infrastructure Committee
• Member, Human Resources, Nomination, and Organizational
Development Committee
• Member, Security Committee
• Member, Sub-Zone Development and Corporate Social
Responsibility Committee
• Member, Audit and Corporate Governance Committee
• Member, Crisis Management Committee
Number of Board Meetings attended as of December 2020
: 24/24
Number of Board Committee Meetings attended as of
December 2020 : 79/79
Note: No membership holding more than 5 or more
positions in GOCCs and PLCs.

Whistle Blowing Policy

In support to the administration’s thrust against corruption, the CDC Board of Directors approved
(Ref: RM-04-04 series of 2017 dated April 28, 2017) and implemented the CDC Whistle Blowing
Policy. With this policy, the public may now file complaints and have their identities protected if so
desired. A link at the CDC website where complaints can be filed and where they can see the details
of the policy has been established as part of the implementation of the policy.
46
Vice Presidents

Rynah F. Ventura
Business Development and Engr. Mariza O. Mandocdoc, Ph.D. PBGen. Sheldon G. Jacaban
Enhancement Group Administration and Finance Group Security Services Group

Atty. Anna Gayle T. Barin

Gen. Ralph Lachica Mamauag OIC - Legal Affairs Group; Head,
Engineering Services Group Corporate Services Division

Assistant Vice Presidents

Ma. Zoraida G. Camello Atty. Noelle Mina D. Meneses

Administration Department; Head, Assets Thelma C. Ocampo Rodem R. Perez Business Enhancement Department;
Management Division; OIC, Human Business Development Department I; Business Development Department II; Head, Trade Facilitation Division, Board
Resources Division Head, Investment Promotions Division I Head, Investment Promotions Division II Secretariat

Rommel C. Narciso Alizaido F. Paras

External Affairs Department; Head, CSR Finance Department; Dionisio T. Dychioco III Teresito T. Tiotuyco
and Placement Division Head, Accounting Division Information Technology Department Technical Services Department

Managers

Anthony Emmanuel Dr. Maria Clemencita

G. Tulabut Tarcisius T. Tiotuyco Melito S. Desales C. Dobles Noemi B. Julian Lito L. Torres
Communications Division Corporate Planning Division Internal Audit Division Health and Sanitation Division Tourism Promotions Division Property Management Division

Bernardito C. Henson Erwin C. Bognot Engr. Arnel D. Zamora

Josephine V. Payaoan Jesusa G. Ytturalde Rodgardo M. Deang Building and Facilities Building and Facilities Construction Management
Records Management Division Treasury Division Purchasing Division Maintenance Division Permits Division Division

Atty. Bonifacio
BGen. Antonio
Rogelio M. Magat Atty. Azee T. Arcilla V. Rosario Jr.
O. Tarenio Jr. 47
Estate Preservation and
Environmental Permits Division Litigation Division Public Safety Division Recovery Division
PUBLICATION TEAM
EDITORIAL:
Anthony Emmanuel G. Tulabut
Tarcisius T. Tiotuyco
Eric V. Jimenez
Maria Jennifer S. Tayag
Mylene C. Paraan
Dante M. Deang
Julia A. Ignacio
Kristina Coleen R. Bunag

CONCEPT, DESIGN AND LAYOUT:

Anthony Emmanuel G. Tulabut
Dennis B. Meneses
Rikki C. Vallido

PHOTOGRAPHY:
Dennis B. Meneses

ADVISERS:
Mariza O. Mandocdoc
Dennis C. Legaspi

48
Clark Development Corporation Building 2122
E. Quirino Street, Clark Freeport Zone 2023

(+6345) 599-9000 • info@clark.com.ph

www.facebook.com/ClarkDevelopmentCorp
www.clark.com.ph