CLARK FREEPORT – Ink flowed profusely at the Bases Conversion and Development Authority the past week with the signing of various agreements with a singular aim – the continuing development of its domain.
BCDA president and CEO Joshua M. Bingcang signed a deed of conveyance to transfer 1.7 hectares of prime land within Fort Bonifacio to the local government of Taguig City, represented by Mayor Maria Laarni L. Cayetano.
The property, which includes portions of Bonifacio Global City and Bonifacio Capital District, will be utilized by the Taguig City government to build community facilities and other developments aimed at benefiting its residents.
Joining them at the signing were BCDA vice president for land and assets development Richard Brian Cepe and Taguig City business permit licensing office chief Atty. Maria Theresa Veloso.
A 50-year lease agreement for the development of a 100-hectare industrial park in New Clark City (NCC) has been signed by the BCDA with Science Park of the Philippines, Inc. (SPPI).
SPPI, a leader in private industrial estate development, is known for its innovative and sustainable industrial parks, operating six premier sites in Central and Southern Luzon, and Central Visayas for local and multinational enterprises.
“All this kind of development are all aligned to our programs to make NCC the best, smart, and sustainable new city for the country,” enthused Bingcang said during the signing ceremony.
Present during the signing ceremony were SPPI chairperson Guillermo D. Luchangco, SPPI president-CEO Richard Albert I. Osmond, SPPI executive vice president Noel Neric, BCDA OIC senior VP for conversion and development group Mark P. Torres, BCDA VP for business development Mary Grace C. Perez, and BCDA VP for investment promotions and marketing department Erwin Kenneth R. Peralta.
To enhance digital connectivity across its key properties, including Bonifacio Global City, NCC, and Morong Discovery Park, the BCDA signed a memorandum of understanding with PhilTower MIDC, a joint venture company of Miescor Infrastructure Development Corp. and Phil-Tower Consortium Inc.
The ceremonial signing was presided by PCEO Bingcang, PhilTower MIDC president-CEO Devid Gubiani, chief for external affairs and government relations Kalvin Laurence Antonio B. Parpan, chief financial and risk officer Maida B. Bruce, and BCDA VPs Perez and Peralta.
A 25-year lease contract was signed by the BCDA with Danilo G. Lim for one of the prime ASEAN Villas in this freeport.
The 1,082-square-meter ASEAN Villa houses four bedrooms, two dining rooms, a living area, foyer, veranda, sunroom, porch, a private office, den, security office and headquarters, three-car covered garage, and four open space parking slots.
This development forms part of BCDA’s assets disposition program, which is carried out pursuant to RA 7227 (Bases Conversion and Development Act). The law mandates the BCDA to accelerate the sound and balanced conversion of former military reservations into alternative productive uses. Punto News Team/BCDA Public Affairs
