Tag: Bases Conversion and Development Authority (BCDA)
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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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Clark lures aviation investments at the Singapore Airshow Changi Exhibition Centre
An executive of the Philippine government-owned Clark International Airport Corporation on Wednesday said the agency is eyeing several big ticket investments in the aviation industry as it joined the Singapore Airshow international aerospace and defense exhibition from February 20 to 25, 2024. Arrey Perez, president of the CIAC, said their participation is an opportunity to…
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BCDA pitches sustainability projects to UK gov’t, firms
The Bases Conversion and Development Authority (BCDA) sought the support of the United Kingdom (UK) government and UK-based investors for the financing and implementation of two major sustainability projects in New Clark City. Joining a contingent of Philippine government officials during the recent UK Familiarisation Visit on Financing and Delivering Sustainable Infrastructure Projects, the BCDA…
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BCDA sets transfer of PAF facilities to New Clark City
TARLAC– The Bases Conversion and Development Authority (BCDA) is moving forward with the Php 4.24 billion project to transfer the Philippine Air Force’s (PAF) housing facilities from the Air Force City in Clark Freeport Zone, Pampanga to an 85-hectare property in New Clark City, Tarlac. BCDA President and Chief Executive Officer Engr. Joshua M. Bingcang…
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BCDA Chairman Lorenzana cited for his support to PHL aerospace
Bases Conversion and Development Authority (BCDA) Chairman Delfin N. Lorenzana has been recognized for his steadfast support to the Philippine Aerospace Development Corporation (PADC) during his term as the Secretary of the Department of National Defense (DND). Giving his award were International Jet Management Asia Ltd. Chief Executive Officer (CEO) Maximilian Motschmann, and PADC Acting…
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Separation of portions of Brgy. Hillside from John Hay now underway
Bases Conversion and Development Authority (BCDA) President and Chief Executive Officer (CEO) Joshua M. Bingcang (leftmost) and John Hay Management Corp. (JHMC) President and CEO Allan R. Garcia (rightmost) award a certificate of recognition to 97-year old Eduardino Damatac, the oldest resident to be recognized as a bonafide occupant of Barangay Hillside, Baguio City. BCDA photo…
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BCDA makes GCG Hall of Fame for corporate governance
The Bases Conversion and Development Authority (BCDA) has earned its place as a “Hall of Famer” among government-owned and -controlled corporations (GOCCs) for maintaining its “Outstanding” rating in the Governance Commission on GOCCs’ (GCG) corporate governance scorecard (CGS) for eight consecutive years. During the inaugural GOCC Governance Awards Ceremony organized by the GCG, the BCDA…
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BCDA seeks JV partner for New Clark City ICT infra
The Bases Conversion and Development Authority (BCDA) is looking for a joint venture (JV) partner for the commercialization of information and communications technology (ICT) facilities in New Clark City, which is vital in achieving the new metropolis’ vision of becoming the country’s first smart urban development. The BCDA is inviting prospective bidders to submit pre-qualification…
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Clark hailed as ‘City of Legacy’ in Australian summit
The Clark Freeport and Special Economic Zone in Central Luzon has been touted as one of the world’s “Cities of Legacy” during a summit in Brisbane, Australia, for its sustainable, future-ready, and people-centered design. Speaking at the 2023 Asia Pacific Cities Summit (APCS) and Mayors’ Forum last October 13, Bases Conversion and Development Authority (BCDA)…
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BCDA inks deal with Zenmov, MC Metro for smart transport system in Clark dev’ts
The Bases Conversion and Development Authority (BCDA) signed a memorandum of agreement with Japan-based Zenmov, Inc. and Philippine-based MC Metro Transport Operation, Inc. for a demonstration of an energy-efficient and smart public transportation system that will run within New Clark City, Capas, Tarlac and the rest of Clark Special Economic Zone. Under this two-year demonstration…
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CIAC financially stable even with privatized airport
CLARK FREEPORT ZONE — The government-run Clark International Airport Corp. has shown financial stability even after the privatization of the Clark International Airport, CIAC President and CEO Arrey Perez on Monday said. The airport was privatized in August 2019 under the Duterte administration in a 25-year consortium agreement between the Bases Conversion and Development Authority…
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BCDA eyes low-carbon district cooling technology for New Clark City
TARLAC — The Bases Conversion and Development Authority (BCDA) has partnered with global leaders United District Energy International L.L.C. (UDEI) and Marubeni Corporation (Marubeni) to explore low-carbon district cooling technologies that will make energy consumption in New Clark City in Capas, Tarlac greener and more efficient. During its business mission in Tokyo in September, BCDA…
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1st nat’l freediving competition takes off in New Clark City
The New Clark City Aquatics Center in Capas, Tarlac is serving as the stage for the country’s first-ever national level freediving competition from September 29 to October 1, 2023. Association Internationale pour le Développement de l’Apnee (AIDA) Philippines, the national governing body for freediving, has partnered with the the Bases Conversion and Development Authority (BCDA)…
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BCDA welcomes House approval of charter amendments
The Bases Conversion and Development Authority (BCDA) welcomed the approval of House Bill 8505, citing the impact of the measure in the development of the economic zones managed by the state-run firm, and in beefing up the state coffers to support the military’s pension fund. Approved on third and final reading last August 22, House…
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