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REPUBLIC OF THE PHILIPPINES       |

GOV.PH

National Development Company

Enabling the Future
Since 1919

Over a century of bridging public purpose with private potential — growing industries, building communities, shaping a nation.

Brief History Vision & Mission Mandates Quality Policy
107
Years of national service
1919
Founded as Compañia de Fomento Nacional
50+
Industries developed nationwide
Our Story

A Century of Growth

March 10, 1919
The Beginning
Established under Act 2849, NDC was originally founded as Compañia de Fomento Nacional — the seed of what would become the Philippines' premier state-owned enterprise.
1950s
New Horizons
Despite early losses, NDC ventured boldly into new industries — paving the way for private enterprise and long-term economic growth across the archipelago.
1979 — Present
A Lasting Legacy
Reorganized under PD 1648, NDC unified its resources and strengthened its vital role as a catalyst for national development into its second century.
November 30, 1936
Officially State-Owned
NDC became fully state-owned under Commonwealth Act 182, formally adopting the National Development Company name and solidifying its public mandate.
1970s
Industrial Push
NDC expanded into major industries, funded regional development projects, and actively backed small- and medium-sized entrepreneurs throughout the country.
Who We Are

Vision, Mission & Philosophy

🔭
Philippines' Leading Catalyst for Inclusive Growth
NDC is the Philippines' leading state-owned enterprise investing in diverse industries, serving as an effective catalyst for inclusive and sustainable growth across all regions of the country. We aim to be the engine that drives transformative development — where it matters most.
🎯
Enabling Industry, Spurring Local Economies
We enable industry development and spur local economies by mobilizing strategic investments and building strong industry linkages that drive sustainable national progress. Through collaboration, innovation, and responsible stewardship, NDC advances transformative projects that uplift every Filipino community.
⚖️
What Guides Our Work
Every decision at NDC is guided by a set of core values that define who we are and how we serve the Filipino people.
Passion Integrity Commitment Excellence Financial Prudence
Committed to NDC's vital role in the nation's economic development.
We are committed to fulfilling NDC's vital role in the overall economic development of the country. We advocate excellence, teamwork, and accountability to advance the interests of our stakeholders.
We invest in our human capital as it is our most valuable resource. We bridge public purpose with private potential — through collaboration, innovation, and responsible stewardship, ensuring each initiative drives sustainable growth and long-term national development.
Legal Framework

Our Mandates

01
PD 1648 — Revised Charter
NDC engages in commercial, industrial, agricultural, and mining ventures — alone or with the private sector — to drive national economic development, especially when projects are too risky or resource-intensive for private investors alone.
Learn More →
02
PD 1648 — Revised Charter
NDC engages in commercial, industrial, agricultural, and mining ventures — alone or with the private sector — to drive national economic development, especially when projects are too risky or resource-intensive for private investors alone.
Learn More →
03
PD 1648 — Revised Charter
NDC engages in commercial, industrial, agricultural, and mining ventures — alone or with the private sector — to drive national economic development, especially when projects are too risky or resource-intensive for private investors alone.
Learn More →
04
PD 1648 — Revised Charter
NDC engages in commercial, industrial, agricultural, and mining ventures — alone or with the private sector — to drive national economic development, especially when projects are too risky or resource-intensive for private investors alone.
Learn More →
05
PD 1648 — Revised Charter
NDC engages in commercial, industrial, agricultural, and mining ventures — alone or with the private sector — to drive national economic development, especially when projects are too risky or resource-intensive for private investors alone.
Learn More →
Our Commitments

Quality Policy

1
Continuously invest in strategic priority areas

Sustain fund generation activities through focused investment in industries that advance the national interest and public good.

2
Practice prudence in handling corporate resources

Warrant maximum public impact through responsible and transparent stewardship of all assets entrusted to NDC.

3
Establish mechanisms that reinforce learning

Build procedures that support continual improvement, risk-based thinking, and institutional knowledge-sharing.

4
Ensure business plan continuity and transparency

Operate in accordance with NDC's code of corporate governance, ensuring responsiveness to all stakeholders.

5
Advocate excellence, accountability, and teamwork

Advance stakeholder interests through a culture of integrity, collaboration, and high performance.

6
Invest in our human capital

Our people are NDC's most valuable resource — we commit to their continuous growth, well-being, and development.

Republic of the Philippines

National Development
Company

Enabling the Future

The Philippines' leading state-owned enterprise investing in diverse industries — serving as an effective catalyst for inclusive and sustainable growth.

About

Programs

Transparency

Philippines Standard Time

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Get in Touch

  • 📍 116 Tordesillas St., Salcedo Village, Makati City 1227
  • 📞 (02) 8818-9822
  • ✉️ info@ndc.gov.ph
  • 🕐 Mon–Fri, 8:00 AM – 5:00 PM

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