Tag: Bases Conversion and Development Authority (BCDA)
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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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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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