The BCDA Group is a prime mover of national development. We transform former military military bases and properties into premier centers of economic growth in partnership with the private sector with integrity, excellence and efficiency in the stewardship of government resources. We create sustainable urban communities to uplift the lives of Filipinos.
The BCDA Group is led by the Bases Conversion and Development Authority (BCDA), a government instrumentality 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 transform former US military bases into alternative productive civilian use, 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. Driven by the values of integrity, excellence and stewardship, it has successfully developed economic centers such as the Bonifacio Global City and the Newport City, completed the world-class Subic-Clark-Tarlac Expressway, and plans to develop further the Diosdado Macapagal International Airport, among others. The thrust of BCDA in expanding economic opportunities for Filipinos is echoed within the BCDA Group, composed of the BCDA Management & Holdings, Inc, the Clark Development Corporation, the Clark International Airport Corporation, the Poro Point Management Corporation, the John Hay Management Corporation, the Bataan Technology Park, Inc. and the North Luzon Railways Corporation.
Since its creation in 1992, the BCDA has generated P52.977 billion from the disposition of former Metro Manila camps. Of the said amount, 41 percent or P21.788 billion has been remitted to the National Treasury for the account of the Armed Forces of the Philippines. Now on its 20th year, BCDA continues to embark on promising endeavors with the mission of pushing forward the country’s economy. 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.
See also: BCDA Service Charter