The Bases Conversion and Development Authority (BCDA) has signed an agreement with the regulator of the Ninoy Aquino International Airport (NAIA) for the sale of the Terminal 3 property worth nearly ₱50 billion. The BCDA said it transferred the 61-hectare property occupied by NAIA Terminal 3 to...
State-run Clark International Airport Corp. (CIAC) has signed a 25-year lease agreement with Heatcon Asia Inc., a Boeing supplier specializing in composite repair solutions, as part of efforts to strengthen Clark’s aviation and aerospace industry. In a statement on Wednesday, June 10, CIAC said...
The House of Representatives overwhelmingly approved on third and final reading on Tuesday night, June 2 a measure that aimed to strengthen the Bases Conversion and Development Authority (BCDA). Nominal voting for House Bill (HB) No. 9257 during plenary session yielded a result of 271-9-2...
The House of Representatives has paved the way for final approval next week a bill seeking to strengthen the Bases Conversion and Development Authority (BCDA)--a move that 's seen impact both employment and housing. Expected to be passed on third and final reading on or before sine die...
The National Grid Corporation of the Philippines (NGCP) plans to invest nearly ₱7 billion in a dedicated substation to guarantee a stable power supply for New Clark City in Capas, Tarlac, anticipating a surge in demand from a planned artificial intelligence (AI) industrial hub. Joshua Bingcang,...
The Bases Conversion and Development Authority (BCDA) is teaming up with Abu Dhabi-based energy transition firm Esyasoft Technologies Asia to accelerate the shift of New Clark City in Tarlac to renewable energy. In a statement, the state-run firm said BCDA President and Chief Executive Officer...
More than a year after an unsolicited proposal was first submitted, the Subic Bay Metropolitan Authority (SBMA) has formally launched the Swiss challenge for the ₱6.2-billion Subic Bay International Airport (SBIA) project, opening the door to rival bidders for an airport that would complement the...
The Bases Conversion and Development Authority (BCDA) is advancing the expansion of Clark International Airport, entering the design phase for a second runway aimed at solidifying the terminal’s position as a primary logistics hub for Central Luzon. In a statement on Monday, April 27, BCDA said...
Groundbreaking for the planned United States (US) economic security zone in the Philippines could take place within the current Marcos Jr. administration, with the project expected to generate hundreds of thousands of jobs once fully developed, Philippine investment officials said. Officials from...
The United States (US) and the Philippines have selected New Clark City in Tarlac as the site for a 4,000-acre technology economic zone in efforts to rewire global supply chains away from Chinese dominance. Frederick D. Go, who also serves as the country’s investment czar, told Manila Bulletin on...
The Department of Public Works and Highways (DPWH) denied on Tuesday, Dec. 30, the allegations made by Batangas Rep. Leandro Leviste that DPWH Secretary Vince Dizon made budget insertions for flood control projects when he was still head of the Bases Conversion and Development Authority (BCDA). In...
Department of National Defense (DND) Secretary Gilberto Teodoro Jr. slammed the Bases Conversion and Development Authority (BCDA) model as “a failure” as he warned that strategic military assets lost under the law cannot be replicated. Teodoro made the surprising remark during the closing...
