The Bases Conversion and Development Authority (BCDA) has remitted ₱8.42 billion in asset disposition proceeds to the Bureau of the Treasury (BTr), bringing its total remittances for 2026 to a record-high ₱14.1 billion, including its ₱2.6-billion dividend payment last May.
The latest remittance is equivalent to funding nearly 500 kilometers of national roads, more than 40 hospitals, or over 9,000 housing units, highlighting BCDA’s contribution to the country’s infrastructure and socioeconomic development.
“Every investment or peso is important, and every job that we create will bring a lasting journey to the family of that person who will be benefiting from all these investments,” BCDA President and CEO Joshua M. Bingcang said.
Finance Secretary Frederick D. Go also recognized BCDA’s role in transforming public lands into thriving economic hubs, business centers, and centers of excellence.
The proceeds will be distributed among beneficiary agencies, with the largest share allocated to the Armed Forces of the Philippines (AFP) for its modernization program, alongside other critical socioeconomic initiatives.
