BCDA’s contribution to the AFP modernization program triples in the first year of the Duterte administration
Posted: November 27, 2017 | Category: General News
The Bases Conversion and Development Authority’s (BCDA) contribution to the Armed Forces of the Philippines (AFP) modernization program tripled on the first year of President Rodrigo Duterte, as compared to the amount of its average contribution in the past 10 years. The agency remitted almost Php5 billion to the Bureau of Treasury—the highest amount generated by BCDA for the AFP.
The state-owned agency recently turned over Php1.2 billion to the AFP in addition to the Php3.6 billion contribution remitted earlier this year, for a total of Php4.8 billion, which accounts for a 300 percent increase from the average contribution of Php1.5 billion for the period 2006 to 2015. The amount also doubled from the 2015 remittance of Php2.2 billion.
To date, the BCDA has raised a total of Php36.6 billion for the AFP modernization program which is allocated for the purchase of military equipment to ensure sustained capability upgrade of the Armed Forces. Of the amount, Php 25.2 billion accounts for the AFP share while Php11.4 billion is earmarked for the replication of military facilities such as housing units, hospitals, churches, and museums, among others. This is in line with BCDA’s mandate to strengthen the Armed Forces while building great cities.
Since its creation in 1992, BCDA has contributed in strengthening and enhancing the capabilities of the AFP through the disposition and development of former military bases into productive civilian use, which now serve as the country’s economic hubs like the Bonifacio Global City in Taguig City and Newport City in Pasay City.
Under President Duterte’s plan to modernize the AFP and provide a better life for our heroes in uniform, the BCDA has also committed to increase its support for the AFP’s pension and retirement fund.
Further, as part of its corporate social responsibility program, BCDA allocated a Php5 million fund for the hospitalization assistance of wounded soldiers who fought in the Marawi siege. BCDA partnered with locator St. Luke’s Medical Center in Bonifacio Global City and Quezon City in providing treatment to around 50 wounded soldiers whose medical requirements cannot be accommodated in government military hospitals for lack of medical equipment and facilities.
In light of the recent liberation of Marawi, the BCDA, together with the City of Taguig, Fort Bonifacio Development Corporation (FBDC) and in cooperation with the Department of National Defense (DND), Armed Forces of the Philippines (AFP) and the Philippine National Police (PNP) pays tribute to the soldiers and policemen who fought in Marawi through an interactive art installation exhibit at the Bonifacio High Street in Bonifacio Global City, Taguig from November 21 to December 5, 2017.
President Rodrigo Roa Duterte was the guest of honor during the opening ceremonies of the exhibit dubbed as “Ang Huling Tikas Pahinga: Isang pagpupugay sa mga Bayani ng Marawi.” The exhibit features photos of the brave men and women in uniform during and after the Marawi siege, as well as interactive art installations in recognition of the bravery of our soldiers and policemen, who offered the greatest sacrifice for our country.
The event was graced by families of soldiers and policemen killed in action during the Marawi siege.