The Bases Conversion and Development Authority, a government instrumentality vested with corporate powers under Republic Act 7227, remains a major force in creating economic opportunities in the Philippines through its establishment of integrated developments, dynamic business centers and vibrant community.
Daily Tribune file photo
The Bases Conversion and Development Authority (BCDA) has recorded P64 billion in approved investments over 11 months in 2025, doubling last year’s record of approved investments totaling P32 billion for the same period.
In a report issued 20 November 2025, the BCDA said that the P64-billion approved investments show investors’ strong confidence in the agency’s aim to develop world-class economic centers, particularly New Clark City and Camp John Hay.
BCDA president and CEO Joshua M. Bingcang said key investments, backed by both local and international partners, served as clear testament to solid business confidence in the nation’s economic fundamentals and attractiveness as a premier investment destination.
“The momentum is strongly reinforced by the national government’s proactive support, which includes prioritizing vital infrastructure projects within BCDA zones and maintaining a stable, pro-development policy environment crucial for long-term capital infusion,” he added.
The total investments approved by the BCDA are expected to generate approximately 8,476 employment opportunities, marking a 29.11 percent increase over the previous year.
Bingcang said, “This achievement underscores BCDA’s vision to be the catalyst for a future where strategic infrastructure development translates into sustainable, investment-led growth, simultaneously creating the platform for more and better job opportunities for all Filipinos.”
BCDA-managed economic zones
This growth is concentrated across BCDA-managed economic zones, particularly in New Clark City in Tarlac and Camp John Hay in Baguio, where investor activity has significantly ramped up in recent months.
Major investors and partners that signed contracts with BCDA this year are Eagle-K GC Corp.; Eagle-K RV Corp.; the consortium of Global Heavy Equipment and Construction Corp., ATD Waste-to-Energy Corp., and Uttamenergy Ltd.; Science Park of the Philippines Inc.; Sta. Clara International–Saekyung Realty; and Bangko Sentral ng Pilipinas for developments in New Clark City; as well as Istana Development Corp. and Meridian Commercial Centers Inc.; Ayala Land Inc.; Stern Real Estate; Top Taste and Trading Inc.; Amare La Cucina; and Prime Collective Corp., in Camp John Hay.
“We remain optimistic and actively encourage our investors to partner with BCDA as we make a vital headway in our mission to contribute to national economic and inclusive development,” Bingcang added.
A major force
BCDA, a government instrumentality vested with corporate powers under Republic Act 7227, remains a major force in creating economic opportunities in the country through its establishment of integrated developments, dynamic business centers, and vibrant communities.
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