Tag: BCDA
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BCDA eyes P10B revenue, prioritizes jobs, reinvestment
The Bases Conversion and Development Authority (BCDA) is targeting P10 billion in revenues in 2026, pivoting from headline income growth to a sharper focus on jobs, investments, and long-term asset value, its top executive said.
Clark solar park signals manufacturing shift
A global renewable energy player is eyeing Clark as its next growth base, with plans for a 40-hectare solar renewable industrial park that could boost the Philippines’ ambition to become a hub for advanced clean energy manufacturing.
BCDA weighs new Market!Market! lease amid transit-oriented development
The Bases Conversion and Development Authority (BCDA) is evaluating the possible renewal of Ayala Land’s lease over Market!Market! ahead of its 2027 expiration, as plans for a large-scale, transit-oriented development (TOD) in Bonifacio Global City (BGC) gain momentum alongside the Metro Manila Subway Project.
Lufthansa Technik plans major Clark MRO expansion
Lufthansa Technik is planning a USD400-million expansion of its maintenance, repair, and overhaul facility at Clark, a move expected to further strengthen the Philippines’ position as an emerging aviation services hub in Asia, according to the Bases Conversion and Development Authority.
FedEx deepens commitment to Clark logistics hub
Federal Express is investing USD240 million to expand its hub at the Clark Aviation Complex, while the Bases Conversion and Development Authority is allocating P7 billion for supporting airside infrastructure, underscoring Clark’s growing role as a key logistics gateway in Southeast Asia.
