These investments are expected to create around 7,000 jobs across BCDA-managed economic zones, including New Clark City in Tarlac and Camp John Hay in Baguio City, where investor interest has surged in recent months.
“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,” said BCDA President and CEO Joshua M. Bingcang.
Among the major investors that signed contracts with BCDA during the period were Science Park of the Philippines Inc., Sta. Clara International–Saekyung Realty, and the Bangko Sentral ng Pilipinas for New Clark City developments. In Camp John Hay, Ayala Land, Inc., Stern Real Estate, Top Taste and Trading, Inc., Amare La Cucina, and Prime Collective Corp. were among those onboarded.
Job creation also rose by 6.2 percent year-on-year, contributing directly to the Marcos Jr. administration’s eight-point socioeconomic agenda, particularly in employment generation, regional development, and improving the overall investment climate.
“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 added.
He said the agency’s performance “underscores the growing momentum behind public-private partnerships in transforming government-owned developments into engines of economic growth.”
Established under Republic Act 7227, BCDA plays a pivotal role in transforming former military bases into dynamic growth hubs. With its focus on building integrated, future-ready communities, BCDA continues to attract major investments outside Metro Manila. —Ed: Corrie S. Narisma
