Clark Freeport and Special Economic Zone


The Clark Freeport and Special Economic Zone also simply known as Clark refers to an area spanning the city of Angeles and the provinces of Pampanga and Tarlac in the Philippines.
The Clark area in Pampanga covers the cities of Angeles and Mabalacat and the town of Porac while parts of the area in Tarlac include the towns of Capas and Bamban, Tarlac.
The CFEZ divided into two areas, the Clark Freeport Zone and the Clark Special Economic Zone. 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.
Clark forms the hub for business, industry, aviation, education, and tourism in the Philippines as well as a leisure, fitness, entertainment and gaming center of Central Luzon.

History

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 and transferring the administration of the area to the Bases Conversion and Development Authority. 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".