BAGUIO CITY — A collaboration between the Bases Conversion and Development Authority (BCDA) and the business conglomerate of Manuel V. Pangilinan (MVP) aimed at generating new opportunities for local communities, with a focus on sustainable development and long-term prosperity in the North, is underway.
In a meeting on Thursday, the MVP group outlined their intentions to expand their presence in the region, particularly through investments in Camp John Hay (CJH) and other strategic locations in Baguio and the Cordillera area.
MVP said that the role of CJH in the City of Baguio holds a special place in his heart. "Camp John Hay embodies the unique charm and character of Baguio. I have very fond memories here,” he shared. He expressed deep admiration for the iconic destination, reflecting on its lasting appeal and his personal connection to the place.
MVP assured the BCDA of his group's unwavering commitment to preserving and enhancing the legacy of Camp John Hay. He added that, in helping BCDA, his group is committed to the preservation and enhancement of Camp John Hay’s legacy properties and the care of their dedicated workforce. "You are in good hands,” he said.
This potential partnership is seen as a pivotal step toward furthering the region’s development, with BCDA recognizing the invaluable contributions the MVP-led consortium could bring to both Camp John Hay and the city of Baguio.
"We are truly thankful to the MVP Group for their keen interest in investing in Camp John Hay. The trust and confidence shown by a business group as esteemed as MVP is a tremendous endorsement of BCDA’s capabilities. With MVP’s presence today, this partnership accelerates our efforts to turn Camp John Hay into a leading investment and tourism destination, further solidifying BCDA’s position as a trusted partner for business success," said BCDA President and CEO Joshua M. Bingcang.
He added that by tapping into the resources and expertise of its esteemed partner, BCDA is committed to cultivating a dynamic environment that drives economic progress and enhances the quality of life for residents.
"This collaboration aligns perfectly with BCDA’s mission to promote sustainable growth, create meaningful employment opportunities, and elevate Baguio’s status as a leading destination for both investment and tourism," the BCDA stated.
Also present during the meeting were BCDA Chairperson Hilario B. Paredes; John Hay Management and Corp. President and CEO Marlo Ignacio V. Quadra; Landco Pacific Corp. President and CEO Erickson Y. Manzano; and PLDT Chief Leadership Transition Officer Ricky Vargas.