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Encyclopedia > Clark Special Economic Zone

Proper name for Clark Air Base, Republic of the Philippines, during 1919-48 when it was under U.S. Army jurisdiction. Clark Air Base is a former U.S. Air Force base on Luzon Island in the Philippines. ... The Army is the branch of the United States armed forces which has primary responsibility for land-based military operations. ...

See: Clark Air Base Clark Air Base is a former U.S. Air Force base on Luzon Island in the Philippines. ...


  Results from FactBites:
Investing in the Philippines a short Guide and Comparison (2502 words)
The authorities of the Special Economic Zones have some of the power of governmental bodies, for example, labor permits can be issued by the local authorities and the procedure is said to be easier, quicker and more flexible than the regular one.
Manufacturers located in the Special Economic Zones are entitled to financial incentives such as tax holidays, tax deduction for labor expenses and, with minor exceptions, exemption from almost all duties on imports and exports, and from national and local taxes.
Still, both economic zones hold an ace in the form of their former military airstrips and their core competence will be in industries requiring excellent international connections, like manufacturing or assembling for export.
Case Study (2852 words)
For the United States, responsibility of cleaning up Clark legally passed on the Philippine government after the withdrawal and their standpoint today is to point the Philippines in the direction of private companies to help with the clean up.
Predictions of the economic ruin was predicted with the closing of the bases especially since the bases had been second only to the Philippine government in the number of employees employed and all together, the bases had employed 68,000 Filipinos and contributed to about $28 million a day to the local economy.
Perhaps most importantly is that the CSEZ, having been the largest US air bases outside of the United States, already has the necessary facilities for aviation, industrial and commercial purposes as well as a power plant, telecommunications facilities and water supply2.
  More results at FactBites »



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