The Bases Conversion and Development Authority (BCDA) announced that it has remitted P5.7 billion to the national government treasury, which includes P2.6 billion in dividends. The agency stated that this contribution is equivalent to approximately 330 kilometers of roads, 2,300 classrooms, 1,700 hospital beds, or 3,800 housing units, all of which can help improve lives across the country. The funds also support the long-term modernization of the Armed Forces of the Philippines.
BCDA's Role Beyond Dividends
Finance Secretary Frederick D. Go praised BCDA for its broader impact. “BCDA is the GOCC that goes beyond generating dividends. It is a true developer of progress, creating the platforms and jobs that uplift millions of Filipinos across the country…The entire DOF family stands ready to support you. We will match your momentum. We will back your strategy. We will help you unlock even more value from your assets,” he said.
Dividends to Mitigate Fuel Price Impact
Part of BCDA’s dividends, amounting to P300 million, will help cushion the impact of rising fuel prices on vulnerable sectors. This initiative aligns with the Marcos administration’s commitment to protect Filipino families and sustain inclusive growth.
From Bonifacio Global City to New Clark City, BCDA continues to transform public assets into jobs, investments, and opportunities that benefit the nation.
