Clark Development Corporation (CDC) has turned over P2.597-billion divided remittance to the national government as the government owned and controlled corporation (GOCC) continues to increase the presence of semiconductor and electronics manufacturing industry in the Clark Freeport Zone.

During the 2026 GOCCs' Day held at the Ceremonial Hall of Malacañan Palace on 8 July, CDC was recognized by President Ferdinand R. Marcos Jr. for the agency’s strong financial performance. The agency was among the GOCCs that breached the P1-billion mark in dividend remittance.

According to CDC President and CEO Atty. Agnes VST Devanadera said that the dividend remittance reflects the power of fiscal discipline, good governance, operational excellence, and responsible stewardship of public assets.

“As one of the country's leading dividend-contributing GOCCs, CDC continues to transform Clark into an investment magnet, job creator, and engine of prosperity, generating non-tax revenues that help fund schools, hospitals, infrastructure, and social programs that benefit millions of Filipinos,” she added.

She said that over the past four years, CDC has remitted more than P8 billion, with the agency demonstrating how a well-managed GOCC can create lasting public value while advancing inclusive growth, economic resilience, and nation-building.

“At 33, CDC stands as a trusted partner of the National Government in building a stronger, more prosperous, and more competitive Philippines.”

As of March 2026, Clark hosts 22 semiconductor locator companies employing 4,289 workers.

Atty. Devanadera also presented CDC’s Red Carpet Services— programs that streamline transactions, strengthen workforce development, and support expansion. These include the Business One‑Stop Shop, Town and Gown Program, Business Interdependence Program, One‑Stop Processing on Wheels, and auto‑approval for qualified import and export transactions. 

The CDC chief said continuing industry dialogues aim to sustain investor confidence, improve government responsiveness, and position Clark as the country’s model freeport and economic zone by 2040.