Dividends remitted by the Bases Conversion and Development Authority (BCDA) to the national government reached a record-high of Php2.04 billion in 2025, marking a 30.68% jump from last year’s Php1.56 billion. This milestone underscores BCDA’s growing fiscal contribution driven by efficient revenue generation and expenditure management.
The Bases Conversion and Development Authority (BCDA) has started the competitive bidding for the redevelopment of the 6,647-square-meter Mile Hi property in Camp John Hay, Baguio City, signaling a significant boost to the local economy and tourism sector.
Investments generated by the Bases Conversion and Development Authority (BCDA) more than tripled to Php7.72 billion in the first quarter of the year, reflecting strong investor confidence amid the state-run firm’s intensified efforts to develop dynamic growth centers, particularly New Clark City in Tarlac and Camp John Hay in Baguio City.
Total approved investments facilitated by the BCDA reached Php7.72 billion from January to March 2025, a 209.9% jump from Php2.49 billion in the same quarter last year.
Photo caption: The Bases Conversion and Development Authority (BCDA) and its subsidiaries, John Hay Management Corporation and Poro Point Management Corporation, signed two memoranda of understanding with Korea Water Resources Corp. (K-Water) for the development of water management in key economic zones.
Advancing New Clark City’s goal of fostering sustainable development, Sindicatum C-Solar Power Inc. (SCSPI), a subsidiary of Singapore-based renewable energy developer Gurīn Energy Pte Ltd, has started the construction of a USD33 million solar photovoltaic power plant within the rising metropolis, with completion targeted by next year.
Photo caption: Bases Conversion and Develo
Photo caption: The Bases Conversion and Development Authority (BCDA) and the Philippine Economic Zone Authority (PEZA) signed a memorandum of agreement (MOA) focused on enhancing the ease of doing business within New Clark City. Present during the signing ceremony were (right to left) BCDA Chairperson Atty. Hilario B. Paredes, President and CEO Engr.
In a move to improve connectivity and support the requirements of its locators, the Bases Conversion and Development Authority (BCDA) continues to expand transportation and utility corridors in New Clark City, Tarlac, with built roads expected to reach nearly 60 kilometers by the end of the year.
As road and underground construction works continue, New Clark City’s road network will stretch 57.18 kilometers by end-2025, covering almost 40 percent of the 148.44-kilometer total road length planned throughout the whole development.
Photo caption: The Bases Conversion and Development Authority (BCDA) joined the 15th Philippines-Japan High Level Joint Committee Meeting on Infrastructure Development and Economic Cooperation on 24 March 2025.
Hann Philippines Inc. Director of Corporate Finance Sheila M. Rivera, Hann Foundation Inc. Executive Director Ana Christi G. Galura, Bases Conversion and Development Authority (BCDA) President and Chief Executive Officer Joshua M. Bingcang, and BCDA Head of Social Support Unit in Clark Jennifer A. Mallo with Sitio Binyayan Tribal Council Chairman Berling Capis and members of the local community in Tarlac.
