BCDA STATEMENT ON ENGR. JOSHUA M. BINGCANG’S APPOINTMENT AS NEW ACTING PRESIDENT AND CHIEF EXECUTIVE OFFICER

The Bases Conversion and Development Authority (BCDA) welcomes the appointment of Engr. Joshua M. Bingcang as its new acting president and chief executive officer (PCEO), and a member of its Board of Directors. 

The appointment of Engr. Bingcang to the BCDA position was signed by President Ferdinand R. Marcos, Jr. on June 2, 2023.

DND, AFP, and BCDA strengthen information exchange through forum on modernization

The leadership of the Bases Conversion and Development Authority (BCDA), Armed Forces of the Philippines (AFP) and the Department of National Defense (DND) aim to strengthen their public information capabilities by enhancing information exchange and linkages among them.
 
In a message read during the 26th AFP Forum hosted by the BCDA, former Defense Secretary and current BCDA Chairman Delfin N. Lorenzana stressed the significance of government communicators, especially in the defense and security sectors, as “bearers of truthful and accurate information”.
 

SCTEX posts record-high Php3.26B revenue in 2022

With the resurgence of local travel amid easing COVID-19 restrictions, toll revenues from the Subic-Clark-Tarlac Expressway (SCTEX) hit Php 3.26 billion in 2022, posting the highest collections since the road network was opened to the public in 2008. 

Toll collections surged 45.92 percent as compared to the Php 2.23 billion recorded in 2021, and likewise surpassed the pre-pandemic level of Php 2.6 billion in 2019 by 25.38 percent.

BCDA remits Php 527.40M in dividends to the national govt in 2023

The Bases Conversion and Development Authority (BCDA) remitted over Php 527 million worth of dividends to the national government this year as part of its yearly commitment to beef up the state coffers for nation-building initiatives. This was on top of the remittances of BCDA to the national government in the form of share of beneficiary agencies, like the AFP Modernization Program, from the disposition proceeds, and guarantee fees for the loan of Subic-Clark-Tarlac Expressway (SCTEX).

BCDA’s solar farm seen to provide cheap, reliable energy in New Clark City

Residents and locators of New Clark City would be able to enjoy low-cost and reliable electricity supply once the proposed 37-hectare solar farm project currently being bidded out by the Bases Conversion and Development Authority (BCDA) is completed.

Located at the northernmost portion of New Clark City, the subject property for the solar farm project enjoys a strategic location, being only roughly three kilometers away from the New Clark City substation operated by Shin Clark Power Corp.