Bases Conversion and Development Authority (BCDA)

company 1 Deal 1 Partner

The Bases Conversion and Development Authority (BCDA) is a Philippine government-owned and controlled corporation responsible for converting former military bases and properties into premier economic zones and vibrant communities. It develops and manages large-scale infrastructure projects, including airports, expressways, and new urban centers like New Clark City, driving economic growth and sustainable development across the Philippines.

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Founded 1992 Parent: Government of the Philippines

Government AgencyGovernmentDeveloperOperatorInvestor

Strategic Overview

Focus on converting former military bases and properties into premier economic zones and vibrant communities.
Emphasis on Public-Private Partnerships (PPPs) for project implementation and attracting private investment.
Development of integrated, smart, and green cities, exemplified by New Clark City.
Revenue generation from asset disposition and development to fund the Armed Forces of the Philippines Modernization Program.

Deal History (1)

Concession agreement for the operations, maintenance, and development of Clark International Airport

Investor Airports Philippines Aug 1, 2019 USD15B

Deal Activity from Public Sources

BCDA, Pag-IBIG Fund partner for New Clark City affordable housing project

Partnership Social Infrastructure Philippines May 2024 with Pag-IBIG Fund

BCDA, DPWH fast-track New Clark City-Clark International Airport Access Road

Development Roads/Toll Roads, Transport Philippines April 2024 with Department of Public Works and Highways (DPWH)

BCDA and DA partner for Clark National Food Hub

Partnership Social Infrastructure, Transport Philippines June 2023 with Department of Agriculture (DA)

Investment Focus

Technologies

Airports1

Geography

Philippines1

Key People

Engr. Joshua M. Bingcang

President and CEO

Atty. Gisela Z. Kalalo

Executive Vice President

Track Record

Years Active

Notable projects: New Clark City, Bonifacio Global City (BGC), Clark Freeport and Special Economic Zone, Subic-Clark-Tarlac Expressway (SCTEX), Clark International Airport Expansion, National Government Administrative Center (NGAC)

Detailed Analysis

Sectors

TransportDigital/TelecomSocial InfrastructureUtilitiesEnergy TransitionAirportsRoads/Toll Roads

Geographies

Philippines

Deal Stage

GreenfieldBrownfieldOperatingPrivatization

Subsidiaries

Clark Development Corporation (CDC)John Hay Management Corporation (JHMC)Poro Point Management Corporation (PPMC)Fort Bonifacio Development Corporation (FBDC)

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