JOINT AFP AND BCDA MEDIA RELEASE: MOA Signing for Bantayog ng Kabayanihan
The Bases Conversion and Development Authority (BCDA) remitted Php3.31 billion to the Armed Forces of the Philippines (AFP) this year, representing a major share from the state firm’s disposition proceeds as proof of its commitment to help strengthen the country’s troops.
The upcoming 11th Asian Age Group Championships happening from December 3 to 14 will once again put a spotlight on New Clark City’s world-class sports facilities and put the city on the global map as a prime venue for sporting events.
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.
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”.
Of the 395 entries worldwide, the Bases Conversion and Development Authority (BCDA) is the only Philippine government agency that bagged the most coveted 2023 Gold Quill Award of Excellence for its innovative annual report publications in the past three years.
Giving its participants a new kind of multi-sport experience, New Clark City served as the host venue of its inaugural duathlon race held during sunset of May 6, which gathered more than 300 sporting enthusiasts to compete for a podium finish on the racing grounds of this world-class sport facility.
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.
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).
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.