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corporate powers under Republic Act (RA) 7227 (Bases Conversion and Development Act of 1992), signed into law by former President Corazon C. Aquino last March 13, 1992. The BCDA Charter was amended by RA 7917 in 1995, and further amended by RA 9400 in 2007. (Watch the Corporate Video)
Mandated to transform former US military bases into alternative productive civilian use, BCDA remains as a major force in creating economic opportunities in the country through its establishment of integrated developments, dynamic business centers and vibrant communities.
BCDA engages in public-private partnerships to push forward vital public infrastructure such as tollways, airports, seaports, and also major real estate developments. Driven by the values of integrity, excellence and stewardship, it has successfully developed economic centers such as the Bonifacio Global City and the Newport City, completed the world-class Subic-Clark-Tarlac Expressway, and plans to develop further the Diosdado Macapagal International Airport, among others.
The thrust of BCDA in expanding economic opportunities for Filipinos is echoed within the BCDA Group, composed of the BCDA Management & Holdings, Inc, the Clark Development Corporation, the Clark International Airport Corporation, the Poro Point Management Corporation, the John Hay Management Corporation, the Bataan Technology Park, Inc. and the North Luzon Railways Corporation.
Since its creation in 1992 until 2013, the BCDA has generated P60.21 billion from the disposition of former Metro Manila camps. Of the said amount, P25.36 billion has been remitted to the National Treasury for the account of the Armed Forces of the Philippines.
Now on its 22nd year, BCDA continues to embark on promising endeavors with the mission of pushing forward the country's economy. BCDA 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.
Contact BCDA through our new trunkline 5751700, email us or visit our corporate office. Read More