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The Bases Conversion and Development Authority (BCDA) is a government instrumentality vested with corporate powers under Republic Act (RA) 7227 (Bases Conversion and Development Act of 1992), as amended by RA 7917, and further amended by RA 9400. Its mandate is to convert former US military baselands and Metro Manila camps into productive civilian economic growth centers consistent with the thrust to generate business opportunities, jobs and economic activities.
Since its creation in 1992, the BCDA has remained at the forefront of development efforts in the country. It has proven to be one of the most successful government agencies in attracting investments, creating jobs for the Filipino people and boosting the Philippine economy.
Through prudent asset management and sound partnerships with the private sector, BCDA is able to generate funds for the modernization of the Armed Forces of the Philippines. Its vigorous disposition efforts have laid the foundation for the creation of the Bonifacio Global City and Newport City, world-class economic districts in Metro Manila.
Under the wing of the BCDA are its special economic zones: the Clark Freeport Zone in Pampanga, the John Hay Special Economic Zone in Baguio City, Poro Point Freeport Zone in La Union and the Bataan Technology Park in Morong, which have become premier hubs of employment, investments and eco-tourism in the Philippines. read more
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