CLARK FREEPORT — Clark is ramping up efforts to attract more investments in the semiconductor sector, aligning with President Ferdinand Marcos Jr.’s push for high-value industries and reinforcing the Philippines’ role in the global supply chain.
Speaking at the Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) Second General Membership Meeting on May 15, 2025, Clark Development Corporation (CDC) President and CEO Atty. Agnes VST Devanadera reinforced Clark’s role in advancing semiconductor investments. She pointed to 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,” the CDC chief added.
She cited ongoing workforce development efforts with the Technical Education and Skills Development Authority (TESDA) and the Department of Labor and Employment (DOLE), which will be strengthened through the upcoming Asian Development Bank (ADB)-funded innovation center in Clark.
