In a monumental move, the Clark Development Corporation (CDC) has proudly handed over P1.8 billion in cash dividends to the national government for 2023, marking a significant 49% leap from the previous year's P1.207 billion. This achievement stands as the CDC's largest single contribution since taking the helm at the Freeport in 1993. 🚀
Agnes Devanadera, the visionary President and CEO, attributes this financial triumph to the CDC's outstanding performance, with dividends reaching 56% of net earnings and 65% of net income for 2023. 📈
Finance Secretary Ralph Recto lauded the CDC for its unwavering support, highlighting the pivotal role these funds play in backing President Ferdinand R. Marcos Jr.’s legacy projects within Clark Freeport, such as the Clark Multi-Specialty Medical Center and the National Museum for North and Central Luzon. 🏥🏛️
This financial windfall is more than just numbers; it's a testament to CDC's commitment to bolstering national development and supporting key infrastructure and socio-economic initiatives. 🌍💪
For PR, Ads, collaboration, please contact 📞 0951.747.5555/ 0917.186.5566 or 📧 info@worldibs.com
Comments
0 comment