Clark exports reach $336M-A A +A
Wednesday, October 9, 2013
CLARK FREEPORT -- Officials of the Clark Development Corporation (CDC) bared that the export volume inside this Freeport for the month of September has reached $336 million, a significant increase compared to the same period last year.
In a report submitted to CDC President Arthur Tugade, the Enterprise Regulations Department (ERD) said exports in September have increased by more than $3 million from the last export document (e-ED) of $333 million last month, and by $44 million from the $229 million during the same period last year.
Reports submitted by ERD Manager Rodgardo Deang to Tugade show that the increase could be attributed to the posting of semi-conductor firms’ export documentation of $203 million (comprising 61 percent of the export volume), followed by electronics industries with $70 million (21 percent), and manufacturing firms, $35 million (10 percent).
Deang also reported that admission permit (e-TAP or importation) for the month of September this year amounts to $275 million.
According to Deang, as per the September 2013 e-ED report, Phoenix Semiconductor Phils. leads in export documentation with $196 million or 58 percent of the total export volume; followed by Nanox Phils, Inc., with $59 million or 18 percent; Yokohama Tire Philippines, Inc., with $18 million or 5 percent; and HLD Clark Steel Pipe Co, Inc., with $11 million or 3 percent.
Export documentation applications through e-EDs in September 2013 totaled 4,017, compared to 3,029 in the same month last year. Deang adding the manufacturing sector in Clark tops the list of enrollees in the e-EDs from January 2011 to September 2013, with 59 percent; and the services sector, with 41 percent.
Meanwhile, the admission of application through e-TAPS in September 2013 totaled 3,995, compared to 3,556 permits in the same month last year. Topping the list of enrollees in the e-TAPS from December 2008 to September 2013 are also from the manufacturing sector with 48 percent; followed by services sector with 46 percent; and commercial/trading, 6 percent.
Deang also said in his reports to CDC President that the state-owned firm generated more than P2.28 million from fees collected from the exporting firms in Clark, although a bit lower than the August 2013 collection of P3.43 million.
The decrease, according to Deang, was due to the reduced processing fees collected on e-TAPS of Clark locators on importation of their goods, and on transshipment of goods of industrial locators/warehousing trading companies.
Although compared to the same month last year, total revenue for the month of September 2013 increased by P.054 million or 31 percent from P1.74 million to P2.28 million.
Published in the Sun.Star Pampanga newspaper on October 10, 2013.