The opening of a permanent branch of the Development Bank of the Philippines (DBP) in Clark Freeport Zone is expected to create new opportunities for the development of the Pax Silica economic security zone and the broader Luzon Economic Corridor.
Pax Silica, a United States-led initiative launched in December 2025, aims to strengthen supply chains for artificial intelligence, semiconductors, and critical minerals through investments in allied countries, including the Philippines. A 4,000-hectare area in New Clark City has been identified as the site of the economic security zone.

DBP Senior Vice President and Branch Banking Group Head Francis Thaddeus Rivera said the bank is ready to support investments related to the project, including infrastructure construction, suppliers, and logistics requirements. He noted that DBP has previously financed key projects in New Clark City, including athletes’ facilities and government centers.
Meanwhile, CDC Chairperson Edgardo Pamintuan recalled the bank’s assistance to Angeles City following the 1991 eruption of Mount Pinatubo, citing about P1.3 billion in funding that helped the city recover from the disaster.
Established in 1947 as the Rehabilitation Finance Corporation, DBP has evolved into the country’s infrastructure bank, supporting national development and economic growth.








