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Singapore Firm Invests in Pampanga Clark Freeport Zone

Monday 12th May, 2014
In a report published by regional newspaper Central Luzon Daily Clark Development Corporation, or CDC announced that it has entered into an agreement with Singapore firm Capilion to establish its business in Philippines Clark Freeport Zone, one that would generate 75,000 jobs. An advanced payment of US$4.9 Million was made by Capilion to seal the deal with CDC for a 3-hectare property inside the Clark Freeport Zone.

According to CDC, this is the biggest deal that the current CDC president Tugade has closed in his term.

CDC president Tugade has made it very clear that his primary agenda is for Clark Zone to create jobs. Opportunities for indigenous population are also part of that agenda.
 
 

 
 
Capilion’s main line of business in Clark Philippines will be business-process outsourcing, or BPO, although the leased property is approved for mixed use which means it can also be developed for residential, commercial or retain projects.

Clark’s stakeholders as well as interested observers have long predicted fast-growth for this Freeport Zone. Unlike other investment destinations in the Philippines that are marred by issues in law and order, crime rates or in other cases, lack of adequate infrastructures and public utilities support, Clark Freeport Zone enjoys low crime rate, a much-revered absence of traffic and pollution problem and its own fledging international airport.

Also contributing to Clark’s popularity as a preferred investment destination in the Philippines is its proximity to Manila. More and more local businesses as well as Manila families are looking to Clark as a viable option for relocating themselves out of the crowded city in which the cost of living and expenses of doing business are rising rapidly.
 
 
Those who are interested to relocate to Clark for retirement, business or other purposes, may contact this web site for assistance.
 
 
Just click here to obtain more information on how to lease land for development in Clark Pampanga Philippines.