Clark Airport Terminates Pilferers; OFW compensated P82,000
Clark International Airport Corporation (CIAC), a subsidiary of the Bases Conversion and Development Authority (BCDA), has ordered the termination of six airport workers under private aviation services provider MIASCOR after their involvement in a luggage theft incident reported by Overseas Filipino Worker (OFW) Jovenil dela Cruz
Philippine Government Teams Up with Facebook for High Speed Broadband Infrastructure
The Department of Information and Communications Technology (DICT) and the Bases Conversion and Development Authority (BCDA) launched their project called Luzon Bypass Infrastructure, with Facebook as the first party utilizing the infrastructure. The project will build an ultra high speed information highway that will greatly improve the speed, affordability and accessibility of broadband Internet throughout the country. It is expected to be online at the end of 2019.
China Development Bank collaborates with BCDA to seek best financing option for USD4.5B-worth infrastructure projects
MALACANANG - Philippine President Rodrigo Duterte and Chinese Premier Li Keqiang witness the signing of a Memorandum of Understanding (MOU) between the Bases Conversion and Development Authority (BCDA) and China Development Bank (CDB) that will establish the framework for financing cooperation to speed up implementation of high impact infrastructure projects worth US$4.5B under the Build Build Build program. The signatories of the MOU are Chairman Gregorio Garcia III of BCDA and Chairman Hu Huaibang of CDB.