CLARK FREEPORT ZONE, Pampanga (PIA) — Private sector investment at the Clark Freeport Zone continues to reinforce the country’s food security value chain, as COEX Inc. renewed its 25-year lease with the Clark Development Corporation (CDC).
Operating in Clark since 2001, COEX manufactures co-extruded bottles used for fertilizers, pesticides, and herbicides which are essential farm inputs requiring safe and compliant packaging to maintain product integrity and effectiveness.
Its barrier packaging solutions help prevent contamination and leakage, ensuring that agricultural chemicals reach farmers in proper condition.
CDC President and Chief Executive Officer Agnes Devanadera welcomed the company’s continued presence in the Freeport, noting that sustained investments contribute to both economic activity and national development goals.
“As we grow together, a lot of other people benefit from this. Your decision to come to Clark and renew your place in Clark is something that we value,” Devanadera said.
She emphasized that CDC remains committed to supporting industries that align with the food security and agricultural resilience priorities of the Marcos administration.
For its part, COEX underscored its steady growth and its role within the broader agricultural ecosystem.
From initially serving as a local supplier to a global biotechnology company, the firm has gradually expanded its production capacity over the past 25 years.
“That’s our role in the system: we provide the proper packaging [for the agricultural industry]. So through the years, we have slowly improved, the capacity has improved, thank you to the support of CDC, we’re able to do this gradually,” COEX President and CEO Willie Haw Go said.
The lease renewal signals investor confidence in Clark as a stable and strategic location for manufacturing operations that support key sectors such as agriculture.
It also highlights the often unseen but crucial role of packaging in securing farm inputs, ultimately contributing to stable food production and supply nationwide.
CDC officials from the Legal Affairs, Administration and Finance, Business Enhancement, Investment Promotions, and Communications divisions were also present during the renewal ceremony.
