Clark Freeport and Special Economic Zone
Freeport and Special Economic Zone
|Clark Freeport and Special Economic Zone|
Main gate of the Clark Freeport Zone in Angeles
Clark: It works. Like a dream.
Location of Clark in Tarlac and Pampanga
|Region||Central Luzon (Region III)|
|Provinces||Pampanga and Tarlac|
|Cities and Towns||Pampanga|
|Founded||April 3, 1993|
|• Total||314 km2 (121 sq mi)|
|Time zone||UTC+8 (PST)|
The CFEZ divided into two areas, the Clark Freeport Zone (CFZ) and the Clark Special Economic Zone (CSEZ). The New Clark City is part of the Clark Special Economic Zone. The CFZ covers the area of the former United States Air Force facility, Clark Air Base. Most of this air base was converted to the Clark International Airport and some remained under the control of the Philippine Air Force. Clark Global City is also part of the Clark Freeport Zone.
The Bases Conversion and Development Act of 1992, it is also known as Republic Act 7227 authorized Philippine President to issue a decree converting the military reservation in the Clark area covering Angeles, Mabalacat, and Porac, Pampanga and Capas, Tarlac into a special economic zone.
Then-President Fidel Ramos issued Proclamation No. 163 on April 3, 1993, creating the Clark Special Economic Zone (CSEZ) and transferring the administration of the area to the Bases Conversion and Development Authority (BCDA). The proclamation included the Clark Air Base and portions of the Clark reverted baselands not reserved for military use to the CSEZ. On June 14, 1996, the CSEZ was expanded with the addition of the Sacobia area, which includes lands from Mabalacat, Pampanga and Bamban, Tarlac, through Ramos' Proclamation No. 805.
The CSEZ was placed under the Philippine Economic Zone Authority on March 10, 2006 by then President Gloria Macapagal Arroyo through Proclamation 1035 granting tax and duty exemptions to export company locators operating within the CSEZ. The Clark economic zone lost these exemptions in 2005 after a Supreme Court ruling that these exemptions under the BCDA charter are exclusive to the Subic economic zone.
The Clark Air Base area, also known as the Clark Main Zone was declared a Freeport Zone and was separated from the special economic zone through Republic Act 9400 of 2007.
In November 2018, the BCDA and the Clark Development Corporation grouped four developments within the CFSEZ namely the Clark Freeport Zone, Clark Global City, Clark International Airport, and New Clark City under one brand dubbed as "Clark: It Works. Like A Dream".
- "Clark: It works. Like a dream". Philippine Information Agency. 27 November 2018. Retrieved 19 August 2019.
- "Join Foreign Chamber (JFC) meeting with Clark Development Corporation (CDC)". European Chamber of Commerce of the Philippines. 8 June 2017. Retrieved 24 May 2018.
- "Clark Field Special Economic & Freeport Zone, Angeles, Pampanga Philippines". TravelPH.com. Manila Forwarders Travel and Tours. Retrieved 2007-11-24.
- "Republic Act 7227: Bases Conversion and Development Act of 1992". Congress of the Philippines. 13 March 1992. Retrieved 24 May 2018.
- "Proclamation No. 1035, s. 2006". Official Gazette of the Republic of the Philippines. 10 March 2006. Retrieved 24 May 2018.
- "Perks restored to Clark locators". GMA News. 22 March 2006. Retrieved 24 May 2018.
- "Republic Act 9400". Congress of the Philippines. 20 March 2007. Retrieved 24 May 2018.
- Dizon, Romeo (27 November 2018). "BCDA, CDC launch new Clark brand, identity". Manila Standard. Retrieved 27 November 2018.
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