A MAJOR Korean association in Central Luzon endorsed Clark Freeport Zone as an investment and tourism hub.
Kim Ki Young, president of the Korean Community Association Central Luzon, Inc. (KCACLI), said Clark is an area conducive for business and leisure.
“Clark is a peaceful and quiet area which is the best place for people to rest and relax because Clark has nice golf courses, casinos and hotels,” Kim said.
“Clark has a nice environment which people can be satisfied when it comes to investing,” he added.
Chung Su Min, KCACLI secretary, said their membership is more than 20,000 in the Metro Clark area and they actively participate in every program of KCACLI.
“We [KCACLI] are like the embassy for the Koreans around here [Angeles], we have programs related to safety, peace-keeping among the members and the community,” she said.
The Clark Development Corporation (CDC) marketing department reported that there are 96 Korean companies inside the Freeport Zone. These include Widus Hotel and Casino, Somang Global Clark, and Sambon P&E Phils, among others.
Other top projects in the Freeport zone are: Phoenix Semiconductor Philippines Corporation Korean company and one of the top exporters in the Freeport along with Nanox Philippines Inc., and Yokohama Tires Philippines Inc.
Another Korean locator is Donggwang Clark Corp., which is building Clark Sun Valley, a 304-hectare tourism complex with residence villas, a water theme-park and various amenities. Its championship golf course is now operational.
Also, Xenia Hotel, a sub-lessee of Donggwang Corporation, invested nearly $200 million in the Freeport zone. Xenia boasts 200 premium and well-appointed facilities rooms and is located along Claro M. Recto Highway, Clark Freeport Zone.
Son Bong Sam, president of Xenia Hotel Corporation, earlier said they wanted to take advantage of the consistent robust growth rates in Clark yearly in terms of business and tourism.