Clark Freeport — The head of the Clark Development Corporation (CDC) has urged semiconductor companies to invest in the Freeport.
CDC president and CEO Atty. Agnes VST Devanadera told the Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) during a meeting here that Clark is increasing its efforts to attract more investments in the semiconductor sector.
She said the push aligns with President Ferdinand Marcos Jr.’s focus on high-value industries and strengthening the Philippines’ role in the global supply chain.
Devanadera also stressed Clark’s strategic position to advance semiconductor investments, citing infrastructure and policy support as key factors in aligning with the government’s industry strategy.
“Clark is strategically positioned to accommodate more semiconductor investors, with advanced infrastructure, a growing talent pool, and strong government backing,” Devanadera said.
“We’ve been going around different parts of Asia promoting the Philippines because we think that this time is a golden age for Philippine business, particularly the semiconductor industry,” she added.
Devanadera highlighted ongoing workforce development efforts with the Technical Education and Skills Development Authority (TESDA) and the Department of Labor and Employment (DoLE).
These efforts are expected to be strengthened through the upcoming Asian Development Bank (ADB)-funded innovation center in Clark. “Semicon is one of the major industries that this innovation center will address in terms of skilling the workers that you will have,” said Devanadera.