All too often, when new “green”, “sustainable”, or “smart” cities are created, they forget about the importance of location. No matter how green the building or infrastructure design might be, it doesn’t make up for destroying virgin wildlife habitat, or paving over productive farm land (are you listening, China?).
That’s not the case here, though. Clark Green City is not just green in design, it’s green in location. That’s because it’s actually restorative development. Rather than sprawling onto undeveloped land, this excellent project is cleaning-up and redeveloping the defunct U.S. Clark Air Base.

MANILA - A solar energy firm has committed to invest an estimated P1 billion within the next two years for a solar energy project in Clark Green City, the Bases Conversion and Development Authority (BCDA) said.
BCDA said it has signed a lease agreement with SSR C-Solar Power Inc. to establish a solar energy farm in Clark Green City capable of generating 20 megawatts of electricity.
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The 20 megawatts to be generated from the solar farm will be sold to the national grid and can provide power to at least 10,000 households.

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.

Export volume inside this Freeport continues to be attractive as top exports show increase in number compared to the same period in January and February last year.

In the business updates from the CDC’s Marketing Department, the export volume in the first two months this year have already reached more than $594.2 million.

In the business update present to Clark Development Corporation Chair and Officer-in-Charge Eduardo Oban Jr., on January this year Korean firm held the number position following export volume of more than $102.1 million of Phoenix Semiconductor Philippines Corp. (PSPC).
PSPC is also a semiconductor firm with more than $1billion committed investments inside the Freeport zone. 

Vibrant commercial and industrial activities inside the Clark Freeport has steadily changed Central Luzon’s economic landscape following a surge in investments, exports, and employment generation 19 years since its inception in 1993.

In celebration of its 19th anniversary on April 13, the CDC looks back at its colossal makeover from a United States military installation into bustling Freeport by highlighting achievements that had created a positive impression on both the local and national economy.

Unprecedented export record

Because of the growing business confidence of locators and investors inside here, Clark is one among the economic zones in the country to benefit from the influx of new business and increase in expansion programs by big ticket local and international companies.

In 2011, the CDC earned a staggering $3.912 billion in exports - a historical 161 percent increase from the state-owned firm’s US$1.453 billion record in 2010 due to impressive performances of its locators and investors.

According to the CDC, the entry of Texas Instruments (TI) in 2010 made a remarkable contribution to the export industry of this bustling Freeport with the $1.53 billion it posted last year.