Tag: Baguio City
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BCDA investments soar 64% to P53.5B, unlocking about 7,000 new jobs
The Bases Conversion and Development Authority (BCDA) recorded Php53.5 billion in approved investments during the first seven months of 2025, marking a 63.82 percent increase from the same period last year and solidifying BCDA’s position as one of the country’s top investment promotion agencies. These investments are expected to generate about 7,000 new jobs across…
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BCDA triples investments in Q1 2025 to PHP7.7-B
NEW CLARK CITY – The Bases Conversion and Development Authority (BCDA) received PHP7.72 billion worth of investments from January to March this year, more than triple compared to the investments it facilitated in the same period in 2024 at PHP2.49 billion. BCDA president and chief executive officer Joshua Bingcang attributed the surge in investments in…
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BCDA signs pact with sub-lessees for fresh residential leases
MANILA – The Bases Conversion and Development Authority (BCDA) signed agreements with several sub-lessees of CJH Development Corporation (CJHDevCo) for fresh lease terms in Forest Estates, Country Homes, Golf Estates, and Forest Cabins in Camp John Hay in Baguio City, a move to find common ground benefitting all parties. Following the Supreme Court’s final ruling…
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Camp John Hay investments to soar to P10B under BCDA
Following its successful recovery of Camp John Hay in Baguio City, the Bases Conversion and Development Authority (BCDA) is now moving forward with plans to unleash the full potential of this economic zone, with investments seen to reach Php10 billion. As its first order of business, the BCDA is conducting a review of the comprehensive…
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SM City Baguio’s rainwater treatment facility: A model for water sustainability
SM City Baguio is making significant strides in water stewardship with its innovative rainwater treatment facility (RTF), launched in July 2023. In the months since, the facility has already processed over 17,111.80 cubic meters of rainwater – equivalent to 7 Olympic-size swimming pools, or enough to fill over 6,800 standard water tankers – into potable…
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BCDA, JHMC award contract of lease to Filinvest subsidiary for Camp John Hay restaurant
The Bases Conversion and Development Authority (BCDA) and John Hay Management Corp. (JHMC) recently signed a contract of lease with Baguio Mountainscapes Inc. (BMI), a subsidiary of Filinvest Development Corp. (FDC), for a 730-square meter property within Camp John Hay, Baguio City. The property was leased out to BMI to be developed into a modern…
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