Clark Development Corporation(CDC)

Hi Ma'am/Sir,

Good Day

I would like to request the information regarding  the following:

1. Can a foreign corporation residing outside the Philippines purchase a condominium building or units inside CFZ?

2. If so, what are the specific regulations or conditions does the Clark Development Corporation impose on such transactions?

Thank you in advance for your time and assistance.

Dear Cristina,
Mabuhay!
Thank you for utilizing the eFOI portal (www.foi.gov.ph) and exercising your right to information under Executive Order No. 2, s. 2016 on Freedom of Information in the Executive Branch.
We have received your request on Inquiry Regarding Foreign Corporation Purchase of Condominium Unit in Clark Freeport Zone, dated March 15, 2024.
For us to properly address and process your inquiry, may we request for a valid identification card which is one of our requirements in lodging an inquiry/request?
For additional support, we encourage you to consult the FAQ section of the eFOI site: https://www.foi.gov.ph/help.
Your right to request a review
If you are dissatisfied with our response to your FOI request, you have the option to request an internal review. To initiate this process, kindly submit your written appeal for review addressed to [insert name of Secretary and postal/e-mail address]. Please provide a detailed explanation of your dissatisfaction with our response within 15 calendar days from the date of receiving this response. We will conduct the review and communicate the outcome within 30 calendar days from the receipt of your review request.
Should you remain unsatisfied with the review outcome, you retain the right to appeal to the Office of the President under Administrative Order No. 22 (s. 2011).
Thank you.
Respectfully,
FOI Officer
Clark Development Corporation