BCDA sets precedence in unlocking PH land values; lauds SEC ruling on development and usufructuary rights
Author: BCDA
Posted: August 11, 2016 | Category: General News
The state owned Bases Conversion and Development Authority (BCDA) lauded the Securities and Exchange Commission (SEC) for recognizing BCDA’s contribution of its development and usufructuary rights (DUR) over the land covering phase 1 (288 hectares) of Clark Green City as its equity or capital share in its joint venture corporation (JVC) with strategic private sector partner, Filinvest Land, Inc. (FLI).