The Bases Conversion and Development Authority (BCDA) welcomed top executives of the MVP Group, led by Chairman and CEO Manuel V. Pangilinan, to Camp John Hay on December 19, 2024. The visit focused on potential investments to spur economic growth in Northern Luzon, particularly in Baguio and the Cordillera region.
During the meeting, Pangilinan expressed his admiration for the iconic Camp John Hay, emphasizing its significance as a treasured destination and its sentimental value.
“Camp John Hay embodies the unique charm and character of Baguio. I have very fond memories here,” Pangilinan shared, underscoring his personal connection to the area.
The MVP Group outlined its plans to enhance Camp John Hay’s legacy while promoting sustainable development and maintaining its cultural and historical significance.
“In helping BCDA, we commit to the preservation and enhancement of Camp John Hay’s legacy properties, and the care of their dedicated workforce. You are in good hands,” Pangilinan assured.
Strengthening Partnerships for Regional Growth
BCDA President and CEO Joshua M. Bingcang highlighted the significance of the potential collaboration, describing it as a game-changer for Camp John Hay and the region’s development.
“We are truly thankful to the MVP Group for their keen interest in investing in Camp John Hay. The trust and confidence shown by a business group as esteemed as MVP is a tremendous endorsement of BCDA’s capabilities. This partnership accelerates our efforts to turn Camp John Hay into a leading investment and tourism destination,” Bingcang said.
He emphasized that the partnership would bring sustainable opportunities for local communities, align with BCDA’s mission to promote growth, and further elevate Baguio as a prime destination for investment and tourism.
Focus on Sustainable Development
The collaboration aims to foster long-term prosperity through initiatives that prioritize sustainability. By leveraging the resources and expertise of the MVP Group, BCDA envisions transforming Camp John Hay into a hub for innovation, economic activity, and enhanced quality of life for residents and visitors.
Key executives present at the meeting included BCDA Chairperson Hilario B. Paredes; BCDA President and CEO Joshua M. Bingcang; John Hay Management and Corporation President and CEO Marlo Ignacio V. Quadra; Landco Pacific Corp. President and CEO Erickson Y. Manzano; and PLDT Chief Leadership Transition Officer Ricky Vargas.
This partnership marks a pivotal step in realizing BCDA’s vision for Camp John Hay as a model for sustainable growth and a catalyst for regional development.