The Bases Conversion and Development Authority (BCDA) recorded Php53.5 billion in approved investments during the first seven months of 2025, marking a 63.82 percent increase from the same period last year and solidifying BCDA’s position as one of the country’s top investment promotion agencies.
These investments are expected to generate about 7,000 new jobs across BCDA-managed economic zones, particularly in New Clark City in Tarlac City and Camp John Hay in Baguio City, where investor activity significantly ramped up in the past months.
BCDA President and CEO Joshua M. Bingcang said the strong performance reflects the growing investor confidence in BCDA’s master-planned developments. “These numbers represent opportunities for thousands of Filipinos and signal the private sector’s trust in our vision of building resilient, smart, and inclusive cities.”
Major investors and partners that signed contracts with BCDA in the first seven months of the year are Science Park of the Philippines, Inc., Sta. Clara International–Saekyung Realty, and Bangko Sentral ng Pilipinas for developments in New Clark City; as well as Ayala Land, Inc., Stern Real Estate, Top Taste and Trading, Inc., Amare La Cucina, and Prime Collective Corp. for developments in Camp John Hay.
Compared to the first seven months of 2024, BCDA’s approved investments grew by 63.82%, while employment generation surged by 6.2%.
This upward trajectory directly supports the Marcos Jr. administration’s eight-point socioeconomic agenda, particularly its goals of job creation, regional development, and improving the investment climate. By channeling investments beyond Metro Manila, BCDA plays a crucial role in decentralizing growth and building inclusive, future-ready communities across the Philippines.
“As we drive progress in Central and Northern Luzon, we are proving that government-led development can attract private capital, unlock economic potential, and transform entire regions,” Bingcang said, adding that the state-run firm’s performance “underscores the growing momentum behind public-private partnerships in transforming government-owned developments into engines of economic growth.”
BCDA, a government instrumentality vested with corporate powers under Republic Act 7227, remains a major force in creating economic opportunities in the country through its establishment of integrated developments, dynamic business centers, and vibrant communities.