The Bases Conversion and Development Authority (BCDA) said it recorded P53.5 billion in approved investments during the first seven months of 2025.
The agency the figure marked a 63.82 percent increase from the same period last year.
The BCDA added that this development solidified its position as one of the country’s top investment promotion agencies.
These investments are expected to generate about 7,000 new jobs across BCDA-managed economic zones, particularly in New Clark City in Tarlac City and Camp John Hay in Baguio City, where investor activity significantly ramped up in the past months.
BCDA President Joshua M. Bingcang said the this performance reflects the growing investor confidence in BCDA’s master-planned developments. “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.”
Major investors and partners that signed contracts with BCDA in the first seven months of the year are Science Park of the Philippines, Inc., Sta. Clara International–Saekyung Realty, and Bangko Sentral ng Pilipinas for developments in New Clark City; as well as Ayala Land, Inc., Stern Real Estate, Top Taste and Trading, Inc., Amare La Cucina, and Prime Collective Corp. for developments in Camp John Hay.
Compared to the first seven months of 2024, BCDA’s approved investments grew by 63.82%, while employment generation surged by 6.2%.
“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 state-run firm’s performance “underscores the growing momentum behind public-private partnerships in transforming government-owned developments into engines of economic growth.”