INVESTMENTS approved by the Bases Conversion and Development Authority (BCDA) surged in the first seven months of the year, ballooning by 63.82 percent to P53.5 billion from P32.7 billion a year earlier.
These investments are expected to generate 6,591 new jobs, a 6.2-percent jump from the 6,544 jobs seen in January-July 2024.
The new jobs will be available across BCDA-managed economic zones, specifically in New Clark City in Tarlac City and Camp John Hay in Baguio City, which the BCDA said had seen a significant ramp up in investor activity.
“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,” BCDA President and CEO Joshua Bingcang said.
Major investors and partners that signed contracts with BCDA in the first seven months of 2025 were Science Park of the Philippines Inc., Sta. Clara International–Saekyung Realty and the Bangko Sentral ng Pilipinas for developments in New Clark City.
Ayala Land Inc., Stern Real Estate, Top Taste and Trading Inc., Amare La Cucina and Prime Collective Corp., meanwhile, were said to have signed contracts for developments in Camp John Hay.
“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.
He added that the BCDA’s performance “underscores the growing momentum behind public-private partnerships in transforming government-owned developments into engines of economic growth.”
This surge in investments, the BCDA said, supports the administration’s eight-point socioeconomic agenda, particularly its goals of job creation, regional development and improving the investment climate.