John Hay Management Corporation (JHMC) Vice-President and COO Jane Theresa Tabalingcos; Poro Point Vice-President Kate Bada; BCDA Investment and Financial Management Group Senior Vice-President Hedda Lourdes Rulona; Japan Bank for International Cooperation (JBIC) Chief Representative Sagawa Hiroshi; JHMC President Manjit Singh Reandi; CIAC Chief Operations Officer Engr. Brando Aguilera; CIAC New Business Ventures Unit Head Melissa Feliciano; BCDA Vice-President for Investment Promotions and Marketing Erwin Kenneth Peralta; Clark Development Corporation (CDC) Vice-President for the Engineering Services Group Engr. Teresito Tiotuyco; and, CDC Construction Management Division Manager Engr. Rogelio Magat. Photo courtesy of CIAC
NATION

BCDA, CIAC pitch potential Philippine investment to Japanese companies

Jonas Reyes

The The Bases Conversion and Development Authority (BCDA) and the Clark International Airport Corporation (CIAC) have pitched the Philippines for potential investment opportunities to Japanese companies at the Athletics Stadium in New Clark City on 23 January 2026.

According to the BCDA, the agency along with its subsidiaries presented current and upcoming projects to Japanese companies during the BCDA-Japan Bank for International Cooperation (JBIC) Project Pitching event.

Representatives from the Clark Development Corporation (CDC), John Hay Management Corporation (JHMC), and Poro Point Management Corporation (PPMC) also attended.

According to CIAC President and CEO Jojit Alcazar, “CIAC fully supports BCDA’s efforts to strengthen collaboration with Japanese companies, facilitate project partnerships, and identify viable investment opportunities within the Clark Aviation Capital. Our goal is to create business opportunities that generate jobs and improve the quality of life for Filipinos."

JBIC, a Japanese government financial institution, promotes Japan’s overseas strategic initiatives, focusing on green growth and addressing social challenges.

In tow are Japanese companies that specialize in sectors such as water and wastewater treatment, infrastructure, industrial park development, information technology for public safety and smart transportation, energy and energy transition, agriculture, and Public-Private Partnerships (PPP).

The project pitching event follows the recently signed memorandum of understanding between BCDA and JBIC, which aims to strengthen cooperation in promoting BCDA projects and programs, particularly those advancing energy transition, environmental and social sustainability, and quality infrastructure across sectors.

CIAC's Chief Business Development Officer Melissa Feliciano presented the corporation’s flagship projects, highlighting investment-ready opportunities including the Clark National Food Hub, Urban Renewal & Heritage, Conservation Program, Clark International Aviation Campus, and the Clark Pharmaceutical Hub.

As BCDA’s premier aviation and land development arm, CIAC remains committed to transforming the Clark Civil Aviation Complex into the Clark Aviation Capital, a vibrant business and logistics hub poised to become the country’s leading global aviation center.