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GGLC Express Issue - Global Gateway Logistics City

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PAGE 13Regional News<strong>GGLC</strong> NEWSLETTER EXPRESSIn his report titled “Expanding Development, ChangingLives”, Ricafort also cited infrastructure projectsworth P873.7 million either completed or bided outfor construction, the signing of a “financial advisoryservices agreement” on bulk water study to copewith the future demand for water in Clark, the approvalof Clark-Subic “telecom connectivity”, and aagreement for the establishment of solar and renewableenergy projects.Ricafort noted that “Clark remains a major contributorto the region’s economic figures this year.” Henoted that Clark’s exports worth $890.9-million“comprise 33 percent of Central Luzon’s $2.7 billionexports since 2009.”“The record 58,777 employment by the end of 2009complemented the entire region’s 3.8 million partialcount of employment for the year,” he also noted.Ricafort also noted that the P6.3-billion in actual investmentsnow at Clark “is an impressive 19 percentof the region’s investment figure of P33.8-billion.”Ricafort has also been credited for institutionalizingthe CDC Awards for Most Outstanding Locatorsto encourage performance as well as betterawareness of and adherence to labor and environmentallaws.His report also listed other accomplishments underhis other seven of eight-point agenda, includingparticipative management concept, paralleldevelopment program (with surrounding communities),pro-active coordination with the CIAC,Clark-Subic synergy, tourism development,strengthening of “after sales” support services toinvestors and corporate social responsibility (CSR).Ricafort said CDC was able to pursue CSR with theKapampangan Development Foundation (KDF)whose chairman is business tycoon Manuel Pangilinan.Ricafort is the president of the foundation whichcontinues to undertake health, education, andlivelihood projects in Pampanga.In its report, KDF said it has already provided eitherprosthesis or artificial legs or wheelchairs to397 beneficiaries, surgeries for 423 harelip andcleft palate victims and more surgeries for 615cataract and pterygium victims in Pampanga in thelast two years.COURTESY CALL. Clark Development Corporation (CDC) PresidentBenigno N. Ricafort (right) and Lotte Duty Free President YoungSoo Choi shake handsHe said that despite the global economic slowdown,“the CDC has proven its resiliency and competitivenessin its decision to redefine its goals, build-upmore productive areas of collaboration with itsstakeholders, develop more efficient processes andenhance internal capability.”More Flights from Jakarta, BangkokComing to DMIASeptember 10, 2010, 5:47pmManila BulletinCLARK FREEPORT, Pampanga – More flights areplanned by Air Asia between Clark via Jakarta andBangkok in a bid to expand operations at the DiosdadoMacapagal International Airport (DMIA)here.

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