CLARK Development Corp. President and Chief Executive Officer Agnes Devanadera emphasized the critical role of accountants in driving business growth, urging them to uphold ethical standards that contribute to sustainable economic development.
Since Devanadera assumed office in 2022, the CDC has seen a rise in cash dividends that were remitted to the national government. Remittances increased from P700 million in 2021 to P1.2 billion in 2022, reaching P1.8 billion in 2023.This trend indicates ongoing development within the Clark Freeport Zone.She also discussed the economic impact of the freeport, which hosts 1,155 locators and employs approximately 140,000 workers. She projected that CDC's revenue for 2024 will reach P5.
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