Home Headlines CIAC cited for P585.7-M dividend remittance to National Treasury

CIAC cited for P585.7-M dividend remittance to National Treasury

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CLARK FREEPORT — The Clark International Airport Corp. was recognized by President Ferdinand R. Marcos Jr. for remitting P585.71 million in dividends to the National Treasury, underscoring the state-run firm’s commitment to sound fiscal management and its contribution to funding the government’s priority programs for the Filipino people.

The recognition was conferred during the 2026 GOCCs’ Day celebration held on July 8 at Malacañang Palace, honoring government-owned and -controlled corporations that demonstrated exemplary performance and fulfilled their dividend obligations to the national government.

CIAC president and CEO Jojit Alcazar received a certificate of recognition from President Marcos, together with Executive Secretary Ralph Recto, Finance Secretary Frederick Go, and Governance Commission for GOCCs chairperson Atty. Marius Corpus.

CIAC was among the GOCCs recognized during the ceremony, alongside its parent agency, the Bases Conversion and Development Authority, and fellow BCDA subsidiaries Clark Development Corp., John Hay Management Corp., and Poro Point Management Corp.  

The dividend remittance of P585,709,498.80 represents 60% of CIAC’s adjusted net income for fiscal year 2025 and is 88% higher than the P310.99 million remitted in 2024.
“This recognition reflects CIAC’s commitment to good governance, financial discipline, and responsible stewardship of public resources. Beyond fulfilling our statutory obligation, our dividend remittance represents our contribution to the government’s efforts to improve the lives of Filipinos through better public services and infrastructure,” Alcazar said. CIAC-PAD

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