Revenue in Clark Development Corporation has increased in 2011 compared to the previous year, the Corporate Planning Department of the state-owned firm reported.
In the reports submitted to CDC Chair and Officer-in Charge Eduardo Oban, Jr., the gross revenue for last year has reached P984,361 million compared to the 2010 revenue of P898,673 million.
CPD said that there’s an increase of P85,643 million in the revenue collected by CDC from the various locators in Clark.
There are 552 active locators, with 64,256 workers, which generates income/revenue for the Clark Freeport Zone.
This year alone, there are 36 new investments since January, including 17 newly leased agreements, who are committed to pour more than P2.6 billion investments in the next five years and expected to generate 433 job opportunities for Clark.