Tag: Bases Conversion and Development Authority (BCDA)
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BCDA signs deal for 1st full-service station in New Clark City
A modern super station complete with charging terminals for electric vehicles (EVs) and a retail center will soon rise in New Clark City, promising to bring additional revenues for the government, provide future employment opportunities for the local community, and boost foot traffic in the rising metropolis. Bases Conversion and Development Authority (BCDA) President and…
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Filinvest’s new hotel venture to enhance John Hay’s tourism, business landscape
The Grafik Hotel Collection, Filinvest Hospitality Corp.’s (FHC) newest hotel venture, is seen to strengthen Camp John Hay’s position as a tourism and investment destination and become a contributor to the economic growth of Baguio. During the topping off ceremony for the Grafik Pine House Baguio last June 14, Bases Conversion and Development Authority (BCDA)…
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BCDA secures two deals during Japan trip
The Bases Conversion and Development Authority (BCDA) has formalized two agreements with Japanese organizations during a high-level visit to Tokyo, ensuring the smart and sustainable development of John Hay Special Economic Zone, New Clark City, and its other economic zones. The first deal involves a memorandum of understanding (MOU) with Zip Infrastructure Co. Ltd. to…
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BCDA signs MOUs with Metro Clark biz groups for investment studies, promotions of New Clark City
TARLAC- In its bid to realize the full development of the New Clark City as a smart, resilient, and sustainable urban space, the Bases Conversion and Development Authority (BCDA) has partnered with business organizations in the Metro Clark area for investment studies and promotions. BCDA Vice President for Investment Promotions and Marketing Erwin Kenneth R.…
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No looming garbage crisis in Luzon–Lorenzana
TARLAC–Bases Conversion and Development Authority (BCDA) Chairman Delfin N. Lorenzana allayed fears of a looming garbage crisis in Central Luzon, pointing out the presence of three operational facilities that may serve as alternatives once the contract for the operations of the Kalangitan sanitary landfill in Capas, Tarlac expires. During an interview with Net25, Chairman Lorenzana…
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BCDA eye landfill site as world class resort area
BCDA eye landfill site as world class resort area Yes folks, the leadership of the Bases Conversion and Development Authority (BCDA), the agency in charge of leasing government lands that is being promoted as New Clark City is determined to terminate the contract of the Metro Clark Waste Management (MCWM), operator of the Kalangitan landfill…
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Sec. Go bullish over investment prospects In New Clark City
TARLAC– Special Assistant to the President for Investment and Economic Affairs Secretary Frederick Go is “very optimistic” on the investment possibilities in store for Clark and the New Clark City. A flagship project of the Bases Conversion and Development Authority (BCDA), New Clark City is positioned as a “very attractive” investment hub for certain sectors.…
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CIAC financially strong, remits Php203-M to National Treasury
CLARK FREEPORT ZONE—An executive of the Clark International Airport Corp. on Tuesday said the government-run aviation firm remains financially strong in spite of the privatized Clark International Airport that it was able to remit Php203 million as dividends to the national government. CIAC President Arrey Perez said the CIAC remitted a total of Php202,905,691.45 on…
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CRK operator eyes solar farm within airport complex
TARLAC – The operator of the Clark International Airport (CRK) is exploring renewable energy projects within the airport complex with the power unit of Filinvest Development Corp. Luzon International Premier Airport Development (LIPAD) Corp. president and chief executive officer Noel Manankil said CRK’s master plan includes a space for solar farms. “We are exploring this…
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BCDA: MVP Group formalizes interest to buy gov’t stake in SCTEX
TARLAC – Tycoon Manuel V. Pangilinan has offered to buy the interest of the Bases Conversion and Development Authority (BCDA) in one of the major expressways in Luzon, the Subic-Clark-Tarlac Expressway (SCTEX). This was shared by BCDA president and chief executive officer Joshua Bingcang at the One Clark Forum, organized by the Economic Journalists Association…
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PCCI-CAR optimistic on new biz opportunities at Camp John Hay
The Philippine Chamber of Commerce and Industry (PCCI) – Cordillera Administrative Region (CAR) expressed optimism that more economic and business opportunities will open up for Baguio City and its neighboring towns, following the Supreme Court decision affirming the arbitral resolution allowing the Bases Conversion and Development Authority (BCDA) to recover the 247-hectare property in the…
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BCDA welcomes Senate bill on charter amendment
The Bases Conversion and Development Authority (BCDA) welcomes the filing of Senate Bill No. 2647, a measure seen to give workers access to affordable housing, accelerate infrastructure development, further drive investments in the country, and support the pension fund of the Armed Forces of the Philippines (AFP). Seeking to amend Republic Act 7227 or the…
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BCDA partners with Maharlika to explore investments within its properties
The Bases Conversion and Development Authority (BCDA) and the Maharlika Investment Corporation (MIC) have forged a strategic partnership to explore investment opportunities within BCDA properties, including Clark Freeport and Special Economic Zone. On 29 April 2024, BCDA President and Chief Executive Officer (PCEO) Joshua M. Bingcang and MIC PCEO Rafael D. Consing Jr. signed a…
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BCDA remits P1.1B in dividends to national gov’t
The Bases Conversion and Development Authority (BCDA) has remitted Php1.1 billion in dividends to the Bureau of the Treasury (BTr), providing additional support for the national government’s expenditures and efforts to propel economic growth this year. The state agency doubled its remittance from Php527 million in 2023 to Php1.1 billion in 2024. This brought the…
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BCDA puts spotlight on Clark in Singapore Airshow
With the aim of building Clark’s reputation as an emerging aerotropolis, the Bases Conversion and Development Authority (BCDA) joined the inaugural Philippine Pavilion during the Singapore Airshow held last February 19 to 26, 2024. The BCDA participated alongside the European Chamber of Commerce of the Philippines, Department of Transportation, Clark International Airport Corp., Clark Development…
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