The Bases Conversion and Development Authority (BCDA) secured P53.5 billion in approved investments from January to July 2025, a 63.82 percent surge from the same period last year, cementing its position as one of the country’s top investment promotion agencies.

According to the BCDA, the influx of capital is expected to create around 7,000 new jobs in economic zones under its jurisdiction – mainly in New Clark City in Tarlac and Camp John Hay in Baguio City – where investor activity has notably intensified in recent months.

“These numbers represent opportunities for thousands of Filipinos and signal the private sector’s trust in our vision of building resilient, smart, and inclusive cities,” BCDA President and CEO Joshua Bingcang said.

Key developments include contracts signed with Science Park of the Philippines, Inc., Sta. Clara International-Saekyung Realty, and the Bangko Sentral ng Pilipinas for projects in New Clark City. In Camp John Hay, new ventures will be led by Ayala Land, Inc., Stern Real Estate, Top Taste and Trading, Inc., Amare La Cucina, and Prime Collective Corp.

Beyond investments, employment generation in BCDA zones also rose by 6.2 percent year-on-year, highlighting the agency’s growing role in national development.

This progress aligns with President Ferdinand Marcos Jr.’s eight-point socioeconomic agenda, particularly in stimulating regional development, fostering job creation, and enhancing the country’s investment climate.

“As we drive progress in Central and Northern Luzon, we are proving that government-led development can attract private capital, unlock economic potential, and transform entire regions,” Bingcang added, noting that the BCDA’s strong showing reflects the momentum behind public-private partnerships (PPPs) in revitalizing former military lands.

Established under Republic Act 7227, the BCDA continues to transform idle military assets into engines of growth by creating master-planned communities and dynamic business hubs beyond Metro Manila.