The Bases Conversion and Development Authority (BCDA) is a development corporation vested with corporate powers under Republic Act (RA) 7227 (Bases Conversion and Development Act of 1992), signed into law by former President Corazon C. Aquino last March 13, 1992. The BCDA Charter was amended by RA 7917 in 1995, and further amended by RA 9400 in 2007.
Mandated to help strengthen the Armed Forces while building great cities, BCDA remains as a major force in creating economic opportunities in the country—through its establishment of integrated developments, dynamic business centers and vibrant communities.
BCDA engages in public-private partnerships to push forward vital public infrastructure such as tollways, airports, seaports, and also major real estate developments. It is one of the key agencies driving “Build Build Build,” the national government’s most ambitious infrastructure plan in Philippine history. This infrastructure plan hopes to provide bold solutions that will reduce congestion, create jobs and alleviate costs in the Philippines.
Since the creation of BCDA in 1992, its remittance to the National Government (NG) has reached Php71.18 billion. The said remittance consisted of Php60.80 billion in disposition proceeds, Php5.37 billion in dividends, Php3.16 billion in guarantee fees and the return of Php71 million of initial equity to the NG. In addition to these remittances, BCDA remitted Php1.78 billion in 2020, representing the trust funds returned to NG, to help augment funds for the state-led efforts to contain the spread of COVID-19 and provide economic relief to poor families and other vulnerable groups most affected by the economic fallout from the global health crisis.
BCDA’s excellent performance during the Duterte administration can be attributed to the aggressive policies supported by the administration to resolve long-standing disputes over the properties or with business partners. Because of this, BCDA’s remittance during the Duterte administration reached Php24.40 billion in just five years, a difference of Php7.26 billion compared to the Php14.46 billion remittance during the six-year Aquino administration.
Through the years, BCDA has proven to be one of the most successful government agencies in attracting investments, creating jobs for the Filipino people and boosting the Philippine economy. It has successfully developed economic centers with the private sector giving rise to booming economic districts—Bonifacio Global City in Fort Bonifacio, Newport City in Villamor Air Base—and also vital infrastructure such as the 93.77-kilometer Subic-Clark-Tarlac Expressway.
BCDA is positioning Clark as the next investment center in Asia through high-impact projects such as the New Clark City—a new metropolis that is smart, green, resilient and truly inclusive and the expansion of the Clark International Airport. Among its other big-ticket projects are the Subic-Clark Cargo Railway and the BGC-NAIA Bus Rapid Transit.
The thrust of BCDA in expanding economic opportunities for Filipinos is echoed within special economic zones under the stewardship of the BCDA Group—composed of the BCDA and its subsidiaries—the Clark Development Corporation, the Clark International Airport Corporation, the Poro Point Management Corporation, the John Hay Management Corporation, and the North Luzon Railways Corporation.
Republic Act No. 7227 (1992)
Republic Act No. 7917 (1995)
Republic Act No. 9400 (2007)
Building Great Cities while Strengthening our Armed Forces.
By 2020, BCDA shall have innovated on the conversion, design and development of covered military baselands into Smart Cities and shall have significantly contributed to uplifitng the lives of soldiers and their families.
By 2040, it shall have substantially completed the development of all baselands into Smart Cities, and shall have enhanced the dignity of the Filipino soldier.
Integrity
Excellence
Stewardship
Innovation
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