[COVER]

“ I will never be afraid to invest

“
even my last peso in Clark
- Dr. Irineo “Bong” Alvaro Jr.
Chairman, Clark Investors and Locators Association
MESSAGES
CLARK DEVELOPMENT CORPORATION ANNUAL REPORT 2019

FINANCIAL
HIGHLIGHTS
Unaudited financial statements for the year 2019 show that CDC continues to post significant
gains in terms of revenues, net income and cash position.

P2.93B REVENUE
2019 revenue of Php 2.93 Billion is 19%
higher than the 2018 revenue of Php 2.46
Billion. The 2019 revenue represents 12% of
the total revenues of Php 23.76 Billion.

Average revenue per year from 2016 to

2019 (4 years) is Php 2.26 Billion, which is
more than thrice the average for the years
1996 to 2015 (20 years) of Php 0.74 Billion.
The last 4 years (2016-2019) also accounted
to 38% of total revenues.

P1.75B NET INCOME

The unaudited figures show a net income
of Php 1.75 Billion, which is 29% higher
compared to 2018 actual of Php 1.36 Billion.
The 2019 net income represents 22% of the
accumulated earnings of Php 7.94 Billion.

Net income for the last 4 years (2016-2019)

also surpassed the combined net earnings in
the past 20 years (1996-2015) by 63%. Of the
aggregate net income, 62% represents the
period 2016 to 2019.

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 DREAM: BELIEVING & ACHIEVING

P5.02B CASH POSITION

The cash position by the end of 2019, duly

supported by bank and financial documents,
improved by 25% compared to 2018 figure. This
is after payment of cash dividends, infrastructure
projects, and operating expenses among others.

The 2019 cash level of Php 5.02 Billion shows

a 25% growth compared to the 2018 figure of
Php 4 Billion. It is also 29 times more than the
1996 cash level of Php 173 Million.

P4.07B TOTAL REMITTANCE

TO DATE
CDC remitted Php 816 Million in cash dividends to the Bureau of Treasury for the
dividend year 2018.

Total cash dividends remitted is Php 4.07 Billion, of which Php 2.02 Billion or 50%
represents the dividend years 2016 to 2018.

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CLARK DEVELOPMENT CORPORATION ANNUAL REPORT 2019

LOCATORS
TOTAL

NUMBER OF
LOCATORS REGISTERED LOCATORS
PER YEAR BY INDUSTRY

JOBS
TOTAL
MANPOWER GROWTH

An additional 14,035 jobs from previous year.

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BUSINESS DEVELOPMENT
Direct Lease
13
Signed Direct Lease
Php 8.66B
Committed Investment
2,228
Committed Employment
CDC has endeavored to sustain ease of doing business in Clark. This is to ensure business
growth and best practices in investments.
• Socio-economic Measures. Surpassed
target committed investment and employment by
202.74% and 552.12%. The increase in performance
indicators was driven by the total number of new
locators which increased by 21.38%, with 24% of
new locators in export-oriented industries.
• Investment Climate & Ease of Doing
Business in Clark. Business Permit Automation
Project. Implementation of new initiatives such as
the enhancement of the current business permit • Campaign for Good Governance and
automation system to ensure the ease of doing Benchmark for Best Practices. CDC has
business in the Clark Freeport Zone.
• Creation of an Exclusive BIR District for
Clark
• Revenues from Value Added Service to
Locators’ Foreign Nationals
✓ Increase of visa endorsement fees and
other related transaction fees to 309.55%.
✓ Implementation of the VISA
Implementation System for Aliens (VISA)
Phase 1 Platform capable of generating
DREAM: BELIEVING & ACHIEVING
Others
245
Signed SLA, CCA, LONO, etc
Php1.46B
Committed Investment
11,310
Committed Employment
QR-coded public documents as an
authenticating feature requiring only free
mobile app to scan and verify.
• Business Resolutions & Gains. CDC
successfully resolved contract-related issues
paving the way to the generation of investment and
employment commitments, amounting to Php2.55
Billion and 350 new jobs, respectively.
been the most preferred benchmark agency to
improve the ease of doing business in the areas of:
a. Automation systems for various
permit transactions,
b. Amendment of policies to address
current and emerging business markets
and trends
• Locators Welfare: 2nd Clark Awards Night &
A Gratitude Dinner. Fifteen (15) were given major
awards and eighty-six (86) others were handed
certificates of appreciation.
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CLARK DEVELOPMENT CORPORATION ANNUAL REPORT 2019

Service exports which registered at Php12.4 Billion

in 2019 also account to Clark’s global value chain generated
by IT enabled industries, contact centers, knowledge
processing outsourcing such as accounting, engineering,
architecture and health services and technical.

This export value was made possible by the 29,258

talented Filipino workforce trained in various disciplines
of the outsourcing industry.
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 DREAM: BELIEVING & ACHIEVING

TRADE
FACILITATION
EXPORT PERFORMANCE
The country’s export
performance and resiliency
carried over to the Clark
Freeport Zone in 2019.

CDC’s Trade Facilitation

Division (TFD) recorded
an unprecedented total of
$8.56 billion for exports, a
remarkable 39% increase
compared to the previous
year. The average annual
growth rate of exports
for the past five years is
estimated at 7.67%.
in US dollars*

TOP 10 EXPORTERS
SFA Semicon Philippines Corp. remains at the top spot with a total export amount of $5.51 billion,
which also accounts for 64.36% of the total exports from Clark. This is followed by Texas Instruments,
Nanox Philippines Inc., Yokohama Tire Philippines Inc. and L and T International Group Philippines Inc.
(L&T) at the top 2, 3, 4 and 5 spots, respectively.

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CLARK DEVELOPMENT CORPORATION ANNUAL REPORT 2019

TOURISM
It was a banner year for CDC’s Tourism and VISITOR ARRIVALS
Promotions Division (TPD), exceeding most of
its targets that culminated with two events: the Increased by
opening of the Pampanga Food Street (Mangan
Tamu), and the Clark Freeport Zone’s subsequent 30%
hosting of sporting events for the 30th Southeast
Asian Games.
The year round activities initiated or provided
assistance by CDC firmly established the Clark
Freeport Zone as a preferred sports tourism
destination in this part of the country, and has
become a byword in international federations for
their respective sports disciplines.

TOTAL EVENT
/ ATTENDEES
210 events
339,592 attendees For three years in a row, South Koreans
have been the biggest foreign market in
210 events were handled by the TPD that
Clark, (119,861), followed by Chinese nationals
brought in 339,592 attendees. Comercio
(81,794), and Americans (54,148).
Central, a lifestyle weekend bazaar co-
organized by MultiAction Creative Production
and CDC, drew in 48,700 visitors. Other
crowd drawers include the 30th SEA Games, MEETINGS AND
10th Clark Animo Run, 10th Horse Festival, CONVENTIONS
Color Manila Runs, Clark Heroes Run, Clark
Music Run, to name a few. 164 events
322,459 local,
PARTICIPANTS 183 foreign
UP by almost participants
30% at 388,648
As a preferred Meetings, Incentives,
For 2019, the TPD exceeded the Conventions, Exhibits, and Events (MICE)
Governance Commission for GOCCs (GCG) destination, CDC was able to bring in
target of 300,000 attendees to CDC initiated/ 322,459 local and 183 foreign participants to
assisted projects and events with 388,648 1,648 events.
pax as total year end number of participants.

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 DREAM: BELIEVING & ACHIEVING

REVENUE
Php 9.55M
earnings
Notwithstanding the non holding of
the annual Philippine International Hot 4M GUESTS
Air Balloon Festival and the free use of WELCOMED IN 2019
advertising spaces for the 30th SEA
Games, TPD still managed to bring in
Php 9,557,197.50 for the corporation.
52% PERCENT
INCREASE IN
OVERNIGHT GUESTS
MANAGEMENT OF
SOCIAL MEDIA PAGES 26% INCREASE IN
AND INCREASED FAN CLARK MUSEUM
BASE VISITORS
13,560,782
impressions
CDC’s Facebook page continu-
INCREASED VISIBILITY
ously performed very well in terms OF CLARK OFFERINGS
of social media metrics such as CDC’s partnership with the Clark
13,560,782 impressions, which International Airport and Genesis
represents the number of times its Transport increased the visibility of
content was seen. The page’s fan Clark offerings. The video featuring
base grew to 43,769 representing different attractions, restaurants, and
10,151 new fans for 2019, all of which hotels in the Freeport can be viewed
were obtained organically (without at the departure area of the airport
boosted or paid distribution). and 50 Point-to-Point (P2P) buses of
Genesis Transport.
REACTIVATION
OF VISIT CLARK REGULAR AND REAL
FACEBOOK PAGE TIME POSTING OF
256% growth SPECIAL EVENTS IN
CLARK
in page likes
TPD’s regular posting of special
To further strengthen CDC’s social events also gave the opportunity for
media presence, TPD re-activated the Clark stakeholders to take part in
Visit Clark Facebook Page. From more promoting Clark by sharing CDC and
than 5,000 likes, it grew to 17,843 in Visit Clark’s posts on their respective
December 2019, posting a growth of pages.
256 percent.
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 CLARK DEVELOPMENT CORPORATION ANNUAL REPORT 2019

30TH SEA GAMES

CDC delivered on its commitment to ensure that the venues were ready come game time. As a result
of the successful staging of the 30th SEA Games, the Clark Freeport Zone once again received national
and international recognition and media attention as one of the emerging sports tourism destinations.

30th SEA Games Torch Run.

Held at the Clark Bayanihan Park, with
almost 3,000 runners participating for the
momentous event

World Class Facilities for Topnotch Events. Clark Freeport Zone’s vast green spaces and sports
facilities have become the preferred venues for local and international events.

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DREAM: BELIEVING & ACHIEVING

AWARDS AND
RECOGNITIONS
Clark Development
Corporation bagged its
second award as Sports
Destination of the Year
for 2018. The award was
bestowed by Selrahco
Management and
Consultancy Services,
organizer of the Philippine
Sports Tourism Awards
(PSTA), for CDC’s
consistency of holding a
myriad of sports events in
the Freeport.
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CLARK DEVELOPMENT CORPORATION ANNUAL REPORT 2019

INFRA
IMPROVEMENTS
Project prioritization ensured the sustainable
development, addressing the immediate and
future needs of the Clark Freeport Zone (CFZ),
and complementing developments in the New
Clark City, Clark International Airport, and
adjacent local government units.
For 2019, 31 infrastructure projects amounting
to more than Php 365M were completed. These
were envisioned to tackle concerns for mobility,
accessibility, and safety, while developing the
CFZ as a sports tourism hub, and supporting the
Corporate Social Responsibility projects of CDC.

MOBILITY
The tagline “15-minute Zone”
is a concept where one can
reach his destination within the
CFZ in 15 minutes. To this end,
road improvements and the
implementation of an alternate
public transport system were
prioritized.

The asphalt overlay at

M.A. Roxas Highway used
Stone Mastic Asphalt with
Polymer Modified Bitumen that
has a longer road usage span
than the ordinary asphalt. The
6-lane, 3.5-kilometer highway
improved riding comfort along
the highway with provisions
for motorcycles on the right
outermost lane.

ACCESSIBILITY
The opening of the Don
Juico Gate added another
entry/exit point to and from the
CFZ, and its improvement into
a 2-lane road decongested the
other major entry and exit points
such as the Main, Friendship,
and Mabalacat Gates.

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DREAM: BUILDING AND SHOWCASING

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CLARK DEVELOPMENT CORPORATION ANNUAL REPORT 2019

The Clark Loop

is a bus route that was
implemented prior to the
30th South East Asian
Games and provided an
alternate mass transport
system.

Luminaires Along
M.A. Roxas Highway were
upgraded from 120W to
200W. Additional lighting
were also installed along J.
Abad Santos Avenue, C.M.
Recto Highway, and Gil
Puyat Highway.

Drainage projects
were also implemented to
address flooding in some
areas such as the M.A. Roxas
Highway fronting Honda
Cars, the Upper Magsaysay
St., and the flooding at BBI
and Global Zoo area.

UTILITY (Power)
Completion of Transformer
No. 6 constructed by the
National Grid Corporation
of the Philippines (NGCP)
at Dolores substation, and
the Mabiga substation
constructed by Clark Electric
Distribution Corporation
(CEDC) strengthened the
reliability of electricity within
the CFZ.
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DREAM: BUILDING AND SHOWCASING

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CLARK DEVELOPMENT CORPORATION ANNUAL REPORT 2019

TOURISM SUPPORT
From an economic and industrial hub to a
sports tourism destination. Being recognized as
“Destination of the Year” only meant that places
of interest and amenities had to be developed or
renovated to attract more visitors and tourists.

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DREAM: BUILDING AND SHOWCASING

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CLARK DEVELOPMENT CORPORATION ANNUAL REPORT 2019

ONGOING
IMPROVEMENT
OF NAYONG
PILIPINO
The project involves the
redevelopment of its landscape
and lighting design.

SPORTS FACILITIES
CDC has provided assistance during the
hosting of SEA Games 2019. Some of which are
the landscaping works at Parade Grounds for the
sports of Archery and Rugby 7’s. Other sports that
were held here in the CFZ are Petanque, Dance
Sports, Lawn Bowl, Baseball and Softball.

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NEW CLARK CITY
Located in the Clark Special
Economic Zone in the province of
Capas, Tarlac, it is envisioned to be
the New Government Administrative
Center (NGAC) intended as an
alternative location for government
agencies and to decongest Metro
Manila.
The business district surrounding
the central park has already elicited
proposals for various business
entities in what is expected to be the
next big metropolis.
Prior to its expected completion
by 2022, sports facilities were already
utilized during the 30th Southeast
Asian Games.
DREAM: BUILDING AND SHOWCASING
Athletics Stadium
The International Association of Athletics Federation (IAAF)
- certified stadium has a 20,000 seating capacity that was
showcased in the course of the competitions and more so during
the elaborate closing ceremonies of the 30th SEA Games.
Aquatics Center
Regional records were broken one after the other as local
and international swimmers reveled in the ambience and relished
the favorable conditions offered by the 2,000-seater venue.
Athletes’ Village
Even as athletes and delegates were impressed by the world-
class accommodations and facilities, they were equally blown
away by the variety and quality of food prepared and catered by
no less than renowned chefs from Pampanga.
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CLARK DEVELOPMENT CORPORATION ANNUAL REPORT 2019
IMPROVING
SECURITY
PUBLIC SAFETY MEASURES
Security is one of the vital aspects that investors and workers look forward
to, and CDC has initiated programs and projects to provide a secure working
environment within the Clark Freeport Zone.
Implemented and Ongoing
Programs and Projects
• Integrated Command Center
(ICC). The Freeport-wide CCTV
coverage enabled the immediate
dispatch of first responders to major or
minor incidents, while more than 2,800
persons were cited or apprehended for
various traffic violations. Additionally, at
least 270 requests for footage reviews
have allowed the Public Safety Division,
stakeholders, government agencies,
and the individuals involved to
determine with certainty if any violation
was committed.
• Crisis Mitigation and Resilience
Office (CMRO). Kicked off in October
2019 with the Clark Investors and
Locators Association (CILA) for a
collaborative effort to make the CFZ
a safe and resilient environment in
the face of natural calamities or man-
made disasters. The unit’s activation
coincided with the SEA Games and
was in close coordination with the
Tactical Operations Center manned by
the Philippine National Police.
• Cyber Security Task Force (CSTF).
Generated 78 intelligence reports of
various alleged illegal activities and has
30
turned over 17 of these to the appropriate
law enforcement agencies. The CSTF
has also flagged eight locators for
questionable online information, with five
allowed to do business on a probationary
status, one locator undergoing further
requirements check, and another two
denied permission to operate.
• Clark Emergency DIAL #1-232.
Immediately links the caller to the
Integrated Command Center that can
dispatch emergency responders within
five to eight minutes.
Trainings and conferences
• Urban Tactical Intervention Course
(UTIC). Equipped the Security Force with
expertise to handle any contingency for
all local and international events held in
the CFZ and Clark Special Economic
Zone.
• Security and Traffic Enhancement
Training.
• Quarterly Security Coordinating
Conferences. Conducted as scheduled
to discuss security updates and current
developments.
DREAM: STRENGTHENING

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CLARK DEVELOPMENT CORPORATION ANNUAL REPORT 2019

LEGAL
SUPPORT
The Legal Affairs Group (LAG) has been at the forefront in
providing the CDC with comprehensive, responsive and vital legal
support to ensure that the corporation is provided with adequate and
appropriate legal advice, contract review and litigation services in
effective collaboration with the Office of the Government Corporate
Counsel (OGCC).
In the past year, the LAG efficiently processed 239 contract reviews
and legal opinions, attended 121 hearings of different cases before
the courts and quasi-judicial bodies, and managed to have 12 cases
decided or resolved.
Strengthened and effective legal assistance in the contract
enforcement and implementation led to a substantial increase in the
collection of delinquent/non-performing accounts and generation of
new investment opportunities from terminated lease contracts.
Finally, LAG’s involvement in various committee and business
meetings provided all the legal tools necessary to serve the best
interest of the CDC and to ensure the adequate protection of the
Corporation’s interest in all actions and dealings made by its officers
and staff.
Recognizing the efforts of the LAG, the OGCC has again issued
a letter of commendation for having maintained, if not exceeded, the
high quality of legal service required of the group for the year 2019.

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LAND RECOVERY
CLARK OPEN LANDS
CDC dealt with the encroachment
of significant sizes of land areas
within its jurisdiction by remnants of
planter tillers, settlers, and rich land
speculators. Amicable negotiations
have resulted in the recovery of more
than 1,000 hectares from 1995 to 2019
from their previous occupants. The JMC has since kicked off Utilities and
The recovery has in turn allowed
CDC to lease the areas to local
and foreign investors, generating
approximately Php 245M from 2014 to
2019.
DREAM: STRENGTHENING
10,323 has. AETA LANDS
By January 2019, CDC and the Aeta People’s
Organization forged a partnership with the National
Commission on Indigenous Peoples (NCIP).
The partnership led to the creation of a Joint
Management Council (JMC) under the Joint
Management Agreement (JMA) between the
Sangguniang Tribung Aeta, the BCDA, and CDC.
Infrastructure Development and Social Services
to help spur development within the Certificate
of Ancestral Domain Title (CADT 025-A), and in
consonance with the traditions and culture of the
Aetas.
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CLARK DEVELOPMENT CORPORATION ANNUAL REPORT 2019

ENVIRONMENT
PROTECTION

CDC implements environmental policies,

plans and programs that are geared towards the
protection and enhancement of the environment.
Aside from the regulatory compliances, CDC
is mandated to make Clark clean, green, and
beautiful. The century-old trees are testaments to
this heritage in the midst of the Freeport’s thriving
economic and tourism development.
In general, the processing time of all permits
under Environmental Permits Division (EPD) has
considerably improved.
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Ambient Air and Effluent Quality
Monitoring. CDC passed the second year
of monitoring on the ambient air quality and
wastewater (effluent) in compliance to Governance
Commission for GOCCs (GCG) requirements.
Recyclables & Hazardous Wastes
Collection Events in Clark. The bi-annual
event was held on June 11 and December 12 in
celebration of the Environmental Month. CDC
jointly organized the events together with the
Environmental Management Bureau of DENR
Region III, and the Environmental Practitioners
DREAM: STRENGTHENING
Association (EPA) to promote recycling and
materials recovery as viable options to reduce the
volume of residual wastes.
Tree Planting. Tree-planting activities were
conducted twice in 2019. A total of 606 trees were
planted with over 95 percent survival rate.
Landscape Development Projects. CDC
procured landscaping works with improvement of
irrigation system along the center island of M.A.
Roxas Highway.
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CLARK DEVELOPMENT CORPORATION ANNUAL REPORT 2019

INFORMATION
TECHNOLOGY
IT-related programs and projects were implemented to improve on customer relations and
other processes. These include the following:

UPGRADING OF PATIENT RECORD SYSTEM

E-BAR SERVERS A new system was developed for the Health
To minimize downtime and increase and Sanitation Division (HSD) Paramedics Section
the security for the eBAR system, CDC’s automating records keeping and report gene-
Information Technology Department ration. The system is completed and will undergo
(ITD) upgraded the servers hosting the further enhancements.
system. In the new setup, backups and
security measures have been put in place in VISA IMPLEMENTATION
order to protect the data within the system. SYSTEM FOR ALIENS (VISA)
The automated processing of Alien
GEOGRAPHICAL Employment Permits generated Php 24.7M in
INFORMATION revenues.
SYSTEMS
The GIS has made the new Master TREE AND UTILITIES
Development Plan of Clark Freeport INVENTORY SYSTEM
Zone available online with google map Both systems are now being utilized by the
as base map showing locators, vacant, Environmental Permits Division (EPD) and the
and committed lands making the data Building and Facilities Permits Division (BFPD)
accessible to authorized CDC personnel with over 2,074 trees and 135 various utility
from anywhere, any time. structures inventoried.

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 DREAM: STRENGTHENING

ADMIN
HIGHLIGHTS
PHILIPPINE AIR FORCE
GROUP RESERVE UNIT
CDC entered into a Memorandum of Agreement with
the Armed Forces of the Philippines for the establishment
of CDC as an affiliated reserved unit of the Philippine Air
Force (PAF) that is capable of ensuring continuous and
uninterrupted operations in times of war or emergencies.
The organizational structure for the 2320th CDC PAF
Affiliated Group Reserve Unit was established with 200
personnel having undergone and finished the Military
Orientation Training Program in 2019. Fifty personnel have
also started their Unit Active Duty Training (UADT) to
strengthen the operations of the CDC reserve unit.
MASTERS IN ECOZONE
MANAGEMENT PROGRAM
To enhance personnel competencies, the CDC Board
of Directors approved the partnership program with the
University of the Philippines Diliman Extension Program
in Pampanga (UPDEPP) for a Masters of Management
degree scholarship program with Certification in Ecozone
Management.
RECORDS
MANAGEMENT
To provide efficient and
responsive services to locators
and stakeholders, CDC’s Records
Management Division (RMD)
launched the Electronic Records
Management System (eRMS)
which allowed for the shift from
paper-based to electronic-based
document processing.  The eRMS
provides the sender with electronic
proof of receipt, expected action
date, regular status, and electronic
copy of CDC’s action letter. 
Externally, the system transmits
CDC Statements of Account
electronically for more efficient
delivery of notices to locators while
internally, it provides management
monthly statistics on letters
received, corresponding status,
and processing time within various
CDC units.

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CLARK DEVELOPMENT CORPORATION ANNUAL REPORT 2019

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 DREAM: SHARING

CORPORATE
SOCIAL
RESPONSIBILITY
CDC assumed a more pivotal role in the field of Corporate Social Responsibility in 2019
by adopting three pillars that served as guiding principles for doing business inside the
Clark Freeport Zone.

PILLAR I: CLARK CARES PILLAR II: SPEARHEAD

FOR THE WELFARE OF
ITS HUMAN CAPITAL
The establishment of the CAMP (Clark,
Angeles, Mabalacat, and Pampanga)
Employment Assistance Center
Launching of “Kooperatiba”: Kaagapay
sa Kabuhayan ng Manggagawa”. The
Memorandun of Agreement (MOA) between
CDC and Cooperative Development Authority
(CDA) aims to encourage CFZ locators and
employees to establish cooperatives.
AND ORGANIZE CLARK’S
CSR INTIATIVES
The theme “We Care as One” for this
year’s CSR Summit was inspired by the
unity and tenacity displayed by our athletes
in the recently concluded Southeast Asian
Games. The event established parameters
for the conduct of a joint, innovative, and
breakthrough CSR undertaken in a Private-
Public-Partnership (PPP) approach with
other organizations who share the same
values and vision.

STEP-UP. Skills Training and Employment

Program for Unemployed People.

JOBS FAIR. Facilitated hiring for locators

that saw 1,760 applicants for the two events. Of
these, 175 applicants were Hired On The Spot
(HOTS).

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CLARK DEVELOPMENT CORPORATION ANNUAL REPORT 2019

PILLAR III: HEALTH, EDUCATION, LIVELIHOOD

PARTNERSHIP, AND SPECIAL PROJECTS (HELPS)

Health:
• “Wheelchair, Medikal na Kagamitan at Saklay:
Kaagapay sa Bagong Buhay.”

• Medical and Dental Mission 2019 “Malusog

na Mamamayan, Yaman ng Sambayanan”

Education:
• Brigada Eskwela

• CDC Academic Excellence Award 2019

Livelihood:
• Kabuhayan Mobile Cart dubbed “Tulong
Kabuhayan para sa Maginhawang Buhay.”

• “Community Assistance for Cacao farmers’

Association and Organization” (CACAO)

• CDC Green Antz MOA. Establishment of an

Innovation, Research & Development Facility and
Training Center

Special Projects:
• The CDC-OB Pagsasarili Family Care
Centers: The AETA Pagsasarili Program provides a
comprehensive early childhood education, health,
nutrition, and parent involvement services to low-
income children and their families.

In 2019, CDC was granted Php 46-M by

the Bloomberry Cultural Foundation, Inc. and
Bloomberry Resorts and Hotels, Inc. for the
construction of 10 CDC-OB Pagsasarili Family
Care Centers to be deployed in Sitios within CADT
025A.
• Indigenous Peoples (Aeta) Leadership
Summit 2019.

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 DREAM: SHARING

CSR BENEFICIARIES

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CLARK DEVELOPMENT CORPORATION ANNUAL REPORT 2019

CDC BOARD OF DIRECTORS. (from left to right) President and CEO Noel F. Manankil,
Director Arturo B. Ortiz, Director Ernesto D. De Vota, Vice Chairman Benjamin P. Defensor, Jr.,
Chairman Jose P. De Jesus, Director Ana Liza A. Peralta, Director Nestor I. Villaroman, Jr.,
Director Luisito V. Clavano, Director Manuel R. Gaerlan, and Director Jon T. Castro.

CORPORATE

CDC MANAGERS.(from left to right) Estate Preservation and Recovery Division Manager Nicanor S. Targa, Purchasing
Division Manager Rodgardo M. Deang, Corporate Planning Division Manager Tarcisius T. Tiotuyco, Human Resources
Division Manager Bonifacio O. Tarenio Jr., Environmental Permits Division Manager Rogelio M. Magat, Property
Management Division Manager Angelito L. Torres, Corporate Services Division Manager Anna Gayle T. Barin, and
Records Management Division Manager Josephine V. Poyaoan.

44
CDC MANAGEMENT COMMITTEE. (from left to right) Assistant Vice President for Technical Services Teresito T. Tiotuyco, Assistant
Vice President for External Affairs Department Rommel C. Narciso, Assistant Vice President for Administration Department Ma. Zoraida
G. Camello, Assistant Vice President for Business Enhancement Department Noelle Mina D. Meneses, Assistant Vice President for
Finance Alizaido F. Paras, Vice President for Business Development and Business Enhancement Group Evangeline G. Tejada, President
and CEO Noel F. Manankil, Vice President for Security Services Group Ramsey L. Ocampo, Vice President for Legal Affairs Perlita M.
Sagmit, Vice President for Administration and Finance Mariza O. Mandocdoc, Assistant Vice President for Business Development I
Thelma C. Ocampo, Assistant Vice President for Information Technology Department Dionisio T. Dychioco III, Assistant Vice President
for Business Development II Rodem R. Perez, and Vice President for Engineering Services Group Alveen H. Tabag.

GOVERNANCE
VISION
By 2030, Clark Freeport Zone shall be a modern sustainable aerotropolis and the
preferred MICE (Meetings, Incentives, Conferences, Exhibits) and tourism destination in the
Asia-Pacific Region.

MISSION
To transform Clark Freeport Zone into a preferred business and tourism destination in
the Asia Pacific region and enable investors find long-term economic returns.

CDC MANAGERS. (from left to right) Building and Facilities Permits Division Manager Erwin C. Bognot, Litigation
Division Manager Azee T. Arcilla, Tourism and Promotions Division Manager Noemi B. Julian, Building and Facilities
Maintenance Division Manager Bernardito C. Henson, Communications Division Manager Anthony Emmanuel G. Tulabut,
Internal Audit Division Manager Melito S. Desales, Public Safety Division Manager Rene Ong, Health and Sanitation
Division Manager Ma. Clemencita C. Dobles, Treasury Division Manager Jesusa G. Yturralde.

45
CLARK DEVELOPMENT CORPORATION ANNUAL REPORT 2019

The Clark Development WHISTLE BLOWING POLICY

Corporation had conducted
the Strategic Planning with
the presence of the CDC
Board of Directors and top
management on September
26-27, 2020 at Camp John
Hay, Baguio City with a
theme of “Clark@26: Living
the Dream!”.
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.

Highlight of the activity

is the presentation of the
New Strategy Map and CORPORATE
OBJECTIVES
the CDC 2020 Balance
Scorecard incorporating
the Strategic Objectives in
Four Perspective (Financial,
The company’s Strategic Objectives and Strategic
Customer, Internal Processes
Measures were approved by its Board of Directors
and Learning & Growth)
(Ref: SM 08-07 series of 2018) on August 20, 2018
including the redefining of
and finalized in the Performance Scorecard that was
the New Vision and Mission
transmitted from the Governance Commission for the
of the organization.
Government Owned and Controlled Corporations
(GOCC) on 13 June 2018. A copy of this can be found
in the Governance Section Transparency Seal of the
CDC website.

46
 CORPORATE GOVERNANCE

CERTIFICATION AND
STATEMENTS
ADEQUACY OF INTERNAL CONTROLS POTENTIAL RISKS TACKLED

ISO 9001:2015 ISO 9001:2015

47
CLARK DEVELOPMENT CORPORATION ANNUAL REPORT 2019
CDC BOARD
OF DIRECTORS
Jose P. De Jesus
85, FILIPINO • BIRTHDATE: SEPTEMBER 18, 1934
Appointed Chairman of the Board of
Directors on 10 March 2017.
In the early days of his career, he
was an Executive Vice President of the
Development Academy of the Philippines.
Benjamin P. Defensor, Jr.
73, FILIPINO • BIRTHDATE: SEPTEMBER 12, 1946
Appointed as Vice Chairman of the Board
on 27 January 2017.
He is a former Chief of Staff of the Armed
Forces of the Philippines and Commanding
General of the Philippine Air Force. He is one
of the only two Air Force Chiefs to command
the AFP, a position dominated by Army and PC
generals. He is also the Pres. Adviser and a Phil.
Ambassador on Counter – Terrorism.
48
He was undersecretary of education,
culture and sports (now DepEd) from
1986 to 1987. In 1987 to 1991, he held the
post of Cabinet Secretary in the Office of
the President, and concurrently President
of the Development Academy of the
Philippines. Following the destructive
earthquake in 1990, he was designated as
Chairman of the Presidential Task Force
on Post-Earthquake Rehabilitation in the
Office of the President of the Philippines
from 1990 to 1991. He was also a Secretary
of the Department of Public Works and
Highways from 1990 to 1993.
He finished his schooling with a
degree in AB Economics from Ateneo De
Manila University in 1956, Master of Arts in
Social Psychology from Ateneo De Manila
University in 1966, and Graduate Studies
in Human Development from University of
Chicago in 1968.
He was the President and the Chief
Executive Officer of Manila North Tollways
He is a distinguished graduate of the
Philippine Military Academy 1969, with the
unequalled distinction of Master of the Sword,
Athletic Saber and National Defense Press
Awardee, Editor-in-Chief, Class President, a
singular achievement of scholastic versatility
and athletic prowess.
His post graduate studies include Master
in Mass Communication from the 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 public
administration. He also graduated valedictorian
from the JBL Maritime University in 1965.
In 1974, despite being wounded in action,
he made military history by earning the highest
combat award of his time, 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 Presidents: Estrada
and Arroyo.
A noted scholar and strategist, General
Defensor consistently topped his schoolings.
He completed with distinction his General Staff
Course at the United States Air University in
1985. He undertook several 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 achievements.
He has a rich corporate background,
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
Communications (now Department of
Transportation).
He is also a Consultant of the San
Miguel Corporation and a board member
of a number of private corporations and
non-profit foundations.
Trainings Attended for the year 2019:
• In-House Training on Incident
Command System, Office of Civil Defense
Region III, 13 December 2019, CDC Board
Room
Board Committees:
• Chairman, Executive Committee
• Chairman, Sub-Zone Development
and Corporate Social Responsibility
Committee
• Member, Security Committee
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 has
held Chief Executive Positions in shipping, mass
media, real estate and the material industries
during the period of sequestration.
In military circles, he is referred to as the
Achiever Par Excellence. He created the Air
Force City in Clark City Air Base, won the Best
Air Base Award, and set the record as the first
Commander to win two Best Air Wing awards
in two consecutive years, in two different
commands. He also converted the Air Force
into his concept of the First Force: the first to
respond, the first to deliver, making his branch
of service faster, stronger and better in all fields.
He continuously nurtures and develops
several individuals into Commanders,
managers, professionals, sport champions and
standouts in the performing arts.
Trainings Attended for the year 2019:
• In-House Training on Incident
Command System, Office of Civil Defense
Region III, 13 December 2019, CDC Board
Room
Board Committees:
• Chairman, Finance, Investments,
and Infrastructure Committee
• Member, Executive Committee

Noel F. Manankil
49, FILIPINO • BIRTHDATE: JULY 26, 1970
Appointed as Member of the Board
of Directors and President and Chief
Executive Officer on 01 December 2016.
Nestor I. Villaroman, Jr.
60, FILIPINO • BIRTHDATE: MARCH 23, 1959
Appointed as Member of the Board of
Directors 01 December 2016.
His career revolves in public service
that was highlighted by care for the urban
poor and those who need shelter and
livelihood.
A great number of individuals have
Ernesto D. De Vota
67, FILIPINO BIRTHDATE: FEBRUARY 14, 1952
Appointed as Member of the Board of
Directors on 26 May 2017.
His career in Clark Development
Corporation started in 1996 when he was
a Senior Finance Officer for Corporate
Planning and in 1998 when he was the
Officer-in-Charge for the Corporate
Planning. He continued his service at Clark
Development Corporation as the years
went by as the Officer-in-Charge and
Manager for Internal Audit, Vice President
for Finance from 2001 to 2013, and Vice
President for Admin and Finance from
2013 to 2016, then as President and Chief
Executive Officer in 2016 up to present.
He graduated with a degree in
Commerce, major in Accounting at De La
Salle University and passed the Certified
Public Accountant Licensure Examination
in 1991. He earned units in Master of
benefitted in his efforts and initiatives.
Such tireless dedication had made him
enamored as manifested in his rise from the
ranks in two government agencies.
At the Ministry of Human Settlements,
he became Section Chief for Public
Assistance and External Legal Affairs
Department, a many rank higher from his
start as Settlements Aide.
The same reward was also given him
at Presidential Commission for the Urban
Poor where he was elevated from one
position to another.
At the Quezon City Government,
he also occupied various key positions
with unwavering service to urban poor,
the pinnacle being Acting Assistant
Department Head of the Urban Affairs
Office from 1997 to 1998.
He graduated with a degree in
General Engineering at Mapua Institute of
Technology in 1978 and a degree in Business
Administration, major in Management
in the National College of Business and
Arts in 1982. He also graduated with a
He is a CPA lawyer by profession and a
businessman. 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 taxation at the Holy Angel University
and the President and General Manager of
De Vota Agri-Farms Incorporated.
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
CORPORATE GOVERNANCE
Science in Computational Finance at De La
Salle University.
Trainings Attended for the year 2019:
• In-House Training on Incident
Command System, Office of Civil Defense
Region III, 13 December 2019, CDC Board
Room
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
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 2019:
• In-House Training on Incident
Command System, Office of Civil Defense
Region III, 13 December 2019, CDC Board
Room
Board Committees:
• Chairman, 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
Philippine Institute of Certified Public
Accountants and Integrated Bar of the
Philippines, Tarlac Chapter.
Trainings Attended for the year 2019:
• In-House Training on Incident
Command System, Office of Civil Defense
Region III, 13 December 2019, CDC Board
Room
Board Committees:
• Chairman, Audit and Corporate
Governance Committee
• Member, Finance, Investments, and
Infrastructure Committee
• Member, Human Resources,
Nomination, and Organizational
Development Committee
• Member, Business and Tourism
Committee
49
CLARK DEVELOPMENT CORPORATION ANNUAL REPORT 2019
Arturo B. Ortiz
64, FILIPINO • BIRTHDATE: NOVEMBER 13, 1955
Appointed as Member of the Board of
Directors on 10 November 2017.
In 1979, he served as the Security/
Escort Officer in the Presidential Security
Command. He continued his service for
Ana Liza A. Peralta
51, FILIPINO • BIRTHDATE: JUNE 07, 1968
Appointed as Member of the Board of
Directors on 08 February 2019.
Earlier in her career, she was a Legal
Researcher in the Office of Senator Anna
50
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 Officer of the
Combat Training Center in the Army Special
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 in
which he was the Head of Tactics Group
and 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 Headquarters. He
continued his service as the Commander
of Task Force “Libra”, the Commander of
Special Forces Regiment, Commander of
Special Operations Command, and as the
Commanding General of the Philippine
Dominique Coseteng, an associate of
Bito, Lozada, Ortega and Castillo Law
Office, and the Chief Legal Consultant to
the Secretary of Health. She also served
as the No. 1 Municipal Councilor in San
Marcelino, Zambales from 2007 to 2010.
Currently, she is the Assistant Vice-
President for Legal Affairs and Corporate
Secretary of Zuellig Pharma Corporation
and the Zuellig Group of Companies
(ZGQ). She is likewise a Director of various
companies in ZGC.
She finished BS Management Major
in Legal Management, her pre-law course,
at the Ateneo de Manila University and
graduated with a degree of Juris Doctor
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.
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 Consultant
of Nickel Asia Corporation.
Trainings Attended for the year 2019:
• In-House Training on Incident
Command System, Office of Civil Defense
Region III, 13 December 2019, CDC Board
Room
Board Committees:
• Chairman, Security Committee
• Member, Audit and Corporate
Governance Committee
• Member, Risk Management, Legal,
and External Relations Committee
• Member, Human Resources,
Nomination, and Organizational
Development Committee
Trainings Attended for the year 2019:
• ICD’s Corporate Governance
Orientation Program, 27 March 2019,
Makati Diamond Residences, Makati City
• In-House Training on Incident
Command System, Office of Civil Defense
Region III, 13 December 2019, CDC Board
Room
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

Manuel R. Gaerlan
57, FILIPINO • BIRTHDATE: AUGUST 18, 1962
Appointed as Member of the Board of
Directors on 15 March 2019.
Manuel R. Gaerlan is a retired police
officer with the rank of Police Brigadier
General. He graduated from the Philippine
Jon T. Castro
50, FILIPINO • BIRTHDATE: DECEMBER 05, 1969
Appointed as Member of the Board of
Directors on 28 June 2019.
Luisito V. Clavano
66, FILIPINO • BIRTHDATE: OCTOBER 09, 1953
Appointed as Member of the Board of
Directors on 09 September 2019.
Military Academy summa cum laude and
received thirteen awards including the
Presidential Saber for graduating Class
Valedictorian in 1985. Prior 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 Administation 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 National Police, he
served as a consultant of the Provincial
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
He is an entrepreneur, owner, and
manager of The Partyland Restaurant, Bale
Campampangan Restaurant, 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, major in Business Management
at University of the Assumption 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
Association of Pampanga.
He was previously a member of
the Board of Directors of Prime Cars
Corporation. Currently, he is the proprietor
of LVC Foods, Chairman of the Board of
Alamo Transport Leasing Services, Inc.
and formerly the Executive Director of Road
Board of the Philippines for the period 2016
to 2019.
He graduated at University of San
Carlos with a degree in Commerce.
Trainings Attended for the year 2019:
• In-House Training on Incident
CORPORATE GOVERNANCE
in the Philippine National Police serving as
the Deputy Director and Executive Officer
for the Directorate for Personnel & 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.
Above and beyond being a staunch
patriot and dedicated public servant, he is
a true family man and loving father to seven
children.
Trainings Attended for the year 2019:
• ICD’s Corporate Governance
Orientation Program, 27 March 2019,
Makati Diamond Residences, Makati City
Board Committees:
• Chairman, Risk Management, Legal,
and External Relations Committee
• Member, Business and Tourism
Committee
Trainings Attended for the year 2019:
• ICD’s Corporate Governance
Orientation Program, 17 October 2019,
Makati Diamond Residences, Makati City
• In-House Training on Incident
Command System, Office of Civil Defense
Region III, 13 December 2019, CDC Board
Room
Board Committees:
• Member, Business and Tourism
Committee
• Member, Security Committee
Command System, Office of Civil Defense
Region III, 13 December 2019, CDC Board
Room
Board Committees:
• Member, Executive Committee
• Member, Audit and Corporate
Governance Committee
• Member, Human Resources,
Nomination, and Organizational
Development Committee
• Member, Business and Tourism
Committee
51
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
Raul Jesus C. Amores

ADVISER:
Mariza O. Mandocdoc
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