The Bases Conversion and Development Authority (BCDA) has remitted ₱5.7 billion to the National Treasury, including a record ₱2.6 billion in dividends, underscoring how strategic asset management translates into direct value for Filipinos.
The contribution is equivalent to major public infrastructure gains, including about 330 kilometers of roads, 2,300 classrooms, 1,700 hospital beds, or 3,800 housing units, while also supporting the modernization program of the Armed Forces of the Philippines.
Finance Secretary Frederick D. Go lauded BCDA as a government-owned and controlled corporation that goes beyond dividend generation, calling it a key driver of development that creates jobs and investment opportunities nationwide. He also pledged continued support from the Department of Finance to further maximize the value of government assets.
Of the total remittance, ₱300 million will help cushion the impact of rising fuel prices on vulnerable sectors, in line with efforts to support Filipino families and sustain inclusive growth.
From Bonifacio Global City to New Clark City, BCDA continues to transform public assets into economic opportunities, investments, and long-term development gains for the country.
