THE Bases Conversion and Development Authority (BCDA) recorded P53.5 billion in approved investments during the first seven months of 2025, marking a 63.82 percent increase from P32.66 billion in the same period last year.
The agency, in a statement on Thursday, said these investments are expected to generate about 7,000 new jobs across BCDA-managed economic zones New Clark City in Tarlac City and Camp John Hay in Baguio City, where investor activity significantly ramped up in the past months.
The number of jobs to be generated is 6.2 percent more than the 6,590 jobs created by projects registered in the first seven months of 2024.
BCDA said major investors that signed contracts with the Authority 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.
Ayala Land, Inc.; Stern Real Estate; Top Taste and Trading, Inc.; Amare La Cucina; and Prime Collective Corp. signed contracts for Camp John Hay.
Science Park of the Philippines Inc., a local real estate developer, signed a 50-year contract lease for the development of a 100-hectare industrial park in New Clark City with a total project cost of P2.7 billion.
Filipino-South Korean consortium composed of Sta. Clara International Corporation, Saekyung Realty Corporation, and Korea Overseas Infrastructure and Urban Development Corporation committed to invest P4.8 billion to build an affordable housing facility in New Clark City, a portion of which will be allocated for the Marcos administration’s Pambansang Pabahay Para sa Pilipino Program.
Four local corporations have also partnered with the BCDA for the continued development of the hospitality and food industries in Camp John Hay after the government’s recovery of the 247-hectare leased area within the popular ecotourism zone.
These include Stern Real Estate and Development Corp., which committed to invest P178 million for the continued lease and expansion of the iconic Le Monet Hotel and Filling Station food court.
Food and beverage firms Top Taste and Trading Inc., Amare La Cucina, and Prime Collective Corp. have also signed agreements to establish new restaurants and cafes in the area. Both Top Taste and Prime Collective have pledged P20 million in investments each, while Amare has committed P30 million.
“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,” BCDA President and CEO Joshua Bingcang said.
