Clark, located in the heart of the Philippines, is fast becoming a top choice for global business expansion. Originally a U.S. military base, it has transformed into a bustling economic zone, making it highly attractive for businesses aiming to scale internationally. Here are the reasons why Clark Business is an excellent choice for expanding your business:
1. Clark is the next Metro Manila
Greater Metro Manila has long been the commercial hub of the Philippines. However, with increasing congestion and overdevelopment, the market is becoming increasingly strained. In response to these challenges, many businesses are shifting their focus outside of the metro area. Among these emerging alternatives, the Clark Freeport Zone (CFZ) is quickly gaining recognition as a prime location for future economic growth.
Situated close to Metro Manila and at the crossroads of Southeast Asia, Clark serves as a key gateway for global trade. With access to major seaports and airports, including Clark International Airport, businesses can benefit from smooth logistics and international connectivity, making Clark an ideal hub for multinational operations.
2. State-of-the-Art Infrastructure Development in Clark
Clark boasts cutting-edge infrastructure, including industrial zones, IT parks, and the ongoing development of New Clark City and Clark Global City. In recent years, the Philippine government has made significant investments in Clark to establish it as a premier business destination. Key projects include:
- Subic-Clark Railway Project (SCRP), which aims to enhance connectivity between Subic Bay and Clark, facilitating efficient transport for goods.
- The expansion of Clark International Airport includes a second runway and improvements to taxiways and access roads, making it more attractive for logistics and travel
- In addition to these key projects, the Airport to New Clark City Access Road (ANAR) project is another significant investment aimed at improving infrastructure in Clark. This 20-kilometre road, costing approximately PHP 8.42 billion, is designed to enhance connectivity across Luzon, revolutionising transport between Central and Northern Luzon, Metro Manila, and Clark International Airport
These facilities support modern business operations and offer a robust platform for business growth, alongside sustainable urban development and seamless connectivity.
3. Clark is recognised as a Special Economic Zone
Thanks to the approval of former Philippine President, Gloria Macapagal Arroyo, the former US airbase was developed into a freeport zone as per Executive Order No. 619. This executive order states that companies located in the freeport or special economic zones are eligible for incentives and tax holidays, which is why businesses operating in Clark enjoy numerous perks as part of the Clark Freeport Zone. These include tax exemptions, duty-free importation of capital goods, and other financial benefits that allow businesses to lower operating costs while maintaining a competitive edge in global markets through Clark.
4. Clark is becoming the go-to destination for top talent
Professionals are flocking to Clark due to its abundance of employment opportunities across sectors like BPO, logistics, and IT, with competitive salaries that provide a better quality of life at a lower cost than Metro Manila. The region’s modern infrastructure, including the ongoing businesses and developments at New Clark City and the ANAR project, enhances connectivity and accessibility, making it an attractive hub for skilled workers. Furthermore, Clark offers a vibrant lifestyle with various recreational options, shopping, and dining, contributing to a desirable work-life balance. Together, these factors position Clark as a prime destination for professionals seeking growth and fulfillment in their careers – which further establishes the Clark business hub as a wide pool of talent you can access from.
Why Clark?
For companies looking to expand internationally, Clark offers an unmatched combination of strategic location, cost-efficiency, and top-notch infrastructure. With its business-friendly environment, access to a skilled workforce, and growing investment opportunities, Clark is a standout destination for global business expansion.
Contact us at Outsourced HR Solution today to discuss how we can help you expand your business from Australia into Clark through outsourcing and start reaping the benefits of this thriving economic hub.
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