BCDA to bid out P13B property in Bonifacio South
By Riza T. OlchondraThe Bases Conversion and Development Authority will tap private investors in developing a P13.3-billion property in Bonifacio South area in Taguig City.
The Bases Conversion and Development Authority will tap private investors in developing a P13.3-billion property in Bonifacio South area in Taguig City.
The Bases Conversion and Development Authority (BCDA) has opted to dispose of an upscale property in Taguig City via an open competitive bidding, instead of engaging in a “Swiss Challenge.”
Another bidding will be set for the Bases Conversion and Development Authority’s (BCDA) Nichols Loop property as the Wednesday auction failed due to lack of participants, according to an official of the state-owned corporation.
A court here has directed the administrator and developer of Camp John Hay to undergo arbitration in a July 13 ruling that is expected to end a debt dispute that has delayed development of the former American rest and recreation baseland.
State-owned Bases Conversion and Development Authority (BCDA) expects Malacañang to approve within the month its asset disposition program, which will allow it to generate about P40 billion.
State-owned Bases Conversion and Development Authority (BCDA) has turned over a total of P2.68 billion over the past 20 years for the country’s National Shelter Program (NSP), enabling more Filipinos to afford housing.
The protracted court battle over the Camp John Hay development in Baguio City has suffered further delay after a judge inhibited herself from the case following disclosure that her politician-husband had financial ties with Camp John Hay Development Corp. (CJHDevco).
The Bases Conversion and Development Authority (BCDA) said the chances that its “done deal” with Manuel V. Pangilinan for the Subic-Clark-Tarlac Expressway (SCTEx) would be scrapped by Malacañang were slim despite talks of a possible third trip to the negotiating table.
The government has announced plans to develop the San Fernando Airport in La Union’s Poro Point special economic zone into a world-class international gateway for millions of Filipinos living in Northern Luzon.
The Sobrepeña-led Camp John Hay Development Corp. (CJHDevco) and Warbird Security and Investigation Agency denied that they were “squatting” in the John Hay Special Economic Zone, as alleged by the Bases Conversion and Development Authority.
The state-run Bases Conversion and Development Authority (BCDA) has sued two Sobrepeña-led companies, Camp John Hay Development Corp. (CJHDevco) and Warbird Security and Investigation Agency (Warbird), for “professional squatting” and for “building illegal structures” on government-owned property.
Bases Conversion and Development Authority has vowed to block the plan of the Sobrepeña-led Camp John Hay Development Corp. (CJHDevco) to cut more than 1,000 trees in the John Hay Special Economic Zone (JHSEZ).
