CLARK FREEPORT — The Clark Development Corp. implemented a cease-and-desist order (CDO) on Jan. 6, 2025, against Fontana Development Corp. (FDC) and Fontana Resort and Country Club, Inc. (FRCCI), effective immediately, for failing to meet their financial and contractual obligations to the state-owned firm.
The order directs FDC and FRCCI to immediately stop all operations, indefinitely, within their leased area, including the 52-hectare property currently managed by Korea Country Club, Inc. (KCCI), pending compliance to their contractual obligations.
CDC issued the CDO due to the numerous violations committed by FDC, including failure to meet financial obligations, non-fulfillment of commitments under the lease agreement, and non-compliance with the Fire Code and National Building Code, among others. CDC-PR
