BCDA investments almost double to P64B
Investments approved by the Bases Conversion and Development Authority (BCDA) soared to P63.97 billion in the first 11 months of 2025, almost double the amount it generated in the same period last year.
Nov. 19 data from the state-run firm showed that investments surged by 99.5 percent from the P32.06 billion in projects it approved in the 11 months ending November 2024.
“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 president Joshua Bingcang said in a statement on Thursday.
These investments are projected to generate 8,476 jobs, a 29.11-percent increase from 6,565 last year.
The BCDA noted that these investments came from a mix of local and international partners across the economic zones it manages, which are former military bases.
In particular, the BCDA noted investments into New Clark City, Tarlac, from Eagle-K GC Corp., Eagle-K RV Corp., Global Heavy Equipment & 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 Camp John Hay in Baguio, investments came primarily from 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.
“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, prodevelopment policy environment crucial for long-term capital infusion,” the BCDA said.
The BCDA is chiefly responsible for transforming former military camps into centers of growth, generating revenues through land disposition, lease, joint ventures and concession fees.
It is coming off a record year in 2024, when it reported gross revenues of P11 billion, the highest in the last six years and a 3-percent increase from P10.9 billion in 2023.
