Tag: BCDA

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BCDA, Japan firm advance Camp John Hay cable car project

The Bases Conversion and Development Authority (BCDA) and Japan’s Zip Infrastructure Co. Ltd. have moved closer to testing a self-driving cable car system in Camp John Hay, signing an agreement that sets the stage for feasibility studies, financing discussions, and a possible joint venture.

BCDA deepens Japan ties across Luzon economic hubs

The Bases Conversion and Development Authority (BCDA) Group has secured three agreements with Japanese companies to explore infrastructure-resilience and energy-efficiency projects at major economic hubs in Luzon, as the Philippines seeks to deepen Japanese investment beyond individual facilities.

Taiwanese manufacturer puts $1.5B into Clark

A Taiwanese manufacturing company is committing up to USD1.5 billion to build a major facility in New Clark City, bringing a potentially large export and jobs boost to the Philippines’ industrial sector.

Clark pushes local sourcing to build resilient supply chains

The Clark Development Corp. (CDC) is driving local supply chain integration within the Clark Freeport Zone, urging manufacturers and exporters to source materials from fellow locators to cut import reliance under the Luzon Economic Corridor (LEC).

BCDA Sees P100B investment surge in 2026

The Bases Conversion and Development Authority (BCDA) expects approved investments to exceed P100 billion in 2026, as accelerating aviation and logistics activity strengthens Clark’s position as a regional business hub.

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PhilExport urges MSMEs to turn trade deals into export wins

The Philippines must do more than sign trade deals—it must help smaller businesses turn them into export sales, Philippine Exporters Confederation Inc. (PhilExport) President Sergio Ortiz-Luis Jr. said.

DA asks Senate to back P198.4-B 2027 budget to protect farmers, secure food

The Department of Agriculture is urging lawmakers to approve its P198.4-billion proposed 2027 budget, noting farmers and fisherfolk now face rising costs, climate risks, and global economic pressures.

DOE stands firm on new coal bidding rules to bolster national energy strategy 

The Department of Energy will proceed with its updated bidding rules for brownfield coal resource areas despite opposition from key industry player Semirara Mining and Power Corp. Energy Secretary Sharon Garin affirmed that the revised terms will apply uniformly to all prospective bidders, as the government seeks to prioritize domestic fuel supply over foreign exports.

Vingroup plans $500M EV plant in Philippines, EVIS role unclear

The Department of Trade and Industry (DTI) said Wednesday that the proposed plant would have an initial annual production capacity of 200,000 units, serving both domestic and export markets. Construction is targeted to begin in the first quarter of 2027, with completion expected within 12 to 18 months.

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