State-run Bases Conversion and Development Authority (BCDA) is now ready to begin the planned modernization of Poro Point Seaport in La Union province following the award of more than ₱68 million in funding to determine its viability as a public-private partnership (PPP) project. In a social...
The Philippines aims to complete negotiations with the United States (US) on the long-term framework governing the artificial intelligence (AI) industrial hub at New Clark City in Tarlac province under the Pax Silica partnership within two to three months, according to state-run Bases Conversion...
The development of the ₱2.5-billion information and communications technology (ICT) infrastructure in New Clark City remains in limbo as the government failed to attract any bidders in its latest attempt to get the project underway, potentially impacting progress on a planned artificial...
The Philippine Air Force (PAF) will acquire new aircraft and build strategic air bases in the northern and western frontiers to further expand its operational reach in preparation for a more complex security environment. Speaking before President Ferdinand Marcos Jr. at Colonel Jesus Villamor Air...
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 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...
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...
