CLARK FREEPORT — A total of ₱585 million has been remitted ato the National Treasury by the Clark International Airport Corp., arking its highest dividend contribution to date.
CIAC president and CEO Jojit Alcazar said the total remittance of ₱585,709,498.80 represents 60% of the agency’s adjusted net income from its 2025 operations which is 88% higher than the ₱310,987,163 remitted in the previous year.
“CIAC was able to surpass its previous high due to improved operations, alongside a consistent upward trend in revenue and efficiency in 2025,” Alcazar noted.
He added that enhanced operational performance and effective revenue generation resulted in a net income of ₱976 million in 2025, an increase of 72% from ₱565 million in 2024.
Alcazar also underscored CIAC’s continued compliance with RA 7656 (Gov’t-Owned Corporations’ Dividend Declaration Law) which mandates government-owned and controlled corporations to declare and remit dividends to the national government.
“CIAC remains financially strong due to prudent fiscal management, a business-friendly environment for locators, and its ability to attract partnerships and investments through development projects within the Clark Aviation Capital,” he said.
Under the guidelines of the Department of Finance, government corporations are required to remit at least 505 of their adjusted net income as dividends. For CIAC, this corresponds to approximately ₱488 million based on its ₱976 million adjusted income in 2025.
“We also complied with the DOF’s request to increase the dividend remittance rate to at least 75% of CIAC’s 2025 net earnings, which led to the higher payout,” Alcazar explained.
The agency expects its dividend contributions to grow further in the coming years as it implements its seven flagship projects within the Clark Aviation Capital, CIAC’s aviation-centric development hub that integrates logistics, commerce, and sustainable urban growth, aimed at contributing to national economic progress. CIAC-PAD
