Total contribution of the Bases Conversion and Development Authority (BCDA) to the Armed Forces of the Philippines (AFP) Modernization Program and replication of military facilities has amounted to P78.34 billion from May 1993 to October 2023.
Of the amount, P48.59 billion went to the AFP Modernization Program while the remaining P 29.75 billion was for the replication of military facilities.
BCDA’s share for the AFP Modernization Program came entirely from the 43 percent of BCDA’s gross disposition proceeds of P140.34 billion from May 1993 to October 2023.
For the replication of military facilities, P11.11 billion was from gross disposition proceeds, P9.69 billion came from the General Appropriations Act, while the remaining P8.94 billion represents the land value of the relocation sites of the military facilities.
This was discussed during the recent 28th forum on the role of BCDA in the Modernization of the AFP for the Philippine Navy (PN) in December 2023 at their headquarters in Manila. During the forum, the BCDA leadership briefed over 150 members of the Philippine Navy on the agency’s current efforts to contribute to the AFP Modernization and on its replication projects for the military.
The Philippine Navy, meanwhile, delivered good news about the big-ticket projects it implemented this year, which were accomplished partly due to the contributions remitted by the BCDA.
BCDA, a state-controlled enterprise, is mandated to help strengthen the AFP by building great cities, spearheading the conversion of former military bases into centers of growth and functional replication of military facilities. In compliance with Republic Act No. 10349 or the Revised AFP Modernization Program, the AFP’s share consists of 35 percent of net proceeds from sale transactions and 50 percent of net proceeds from non-sale transactions of BCDA.
