BCDA investments soar 64%, signal private sector confidence

Approved investments in government-managed economic zones jumped nearly 64 percent year-on-year to P53.5 billion as of end-July, according to the latest data from the Bases Conversion and Development Authority (BCDA).

The increase in investment approvals is expected to generate over 7,000 new jobs in BCDA-controlled areas such as New Clark City in Tarlac and Camp John Hay in Baguio City — a 6.2 percent increase in employment generation from the same period last year.

“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,” said BCDA President and CEO Joshua Bingcang in a statement Thursday.

The rise in investment flows underscores the role of public-private partnerships in fueling regional development and boosting investor confidence, the agency added.

Among the companies that signed agreements with the BCDA this year are Science Park of the Philippines, Sta. Clara International–Saekyung Realty, and Bangko Sentral ng Pilipinas, which are involved in developments in New Clark City. In Camp John Hay, investors include Ayala Land Inc., Stern Real Estate, Top Taste and Trading Inc., Amare La Cucina, and Prime Collective Corp.

“These developments are not just investments in infrastructure—they are long-term commitments that support job creation, innovation, and regional progress,” Bingcang said.

He added that the agency’s latest performance demonstrates how government-led land development can successfully draw private capital and help transform areas in Central and Northern Luzon into growth hubs.