BCDA cites opportunities in Luzon investment hubs 

Opportunities in prime investment hubs in Luzon were highlighted during the meeting between officials of the Bases Conversion and Development Authority (BCDA) and the Philippine Consulate in Vancouver, Canada, according to a report by Philippine News Agency.

Among the places presented by BCDA Senior Vice President for Corporate Services, lawyer Elvira Estanislao and Vice President for Public Affairs Leilani Barlongay Macasaet are the New Clark City in Tarlac, Camp John Hay Special Economic Zone in Baguio City, and Poro Point Freeport Zone in La Union — sites that can house manufacturing, logistics, tourism, and sustainable infrastructure-focused firms.

In a press release Thursday, BCDA said the recent meeting was “aimed to identify avenues for Canadian businesses and investors to engage with the Philippines’ dynamic growth sectors.”

“This presents a transformative opportunity to both BCDA and Canadian investors in developing projects that will contribute to economic growth,” Philippine Consul General to Vancouver, Canada Dr. Gina Jamoralin said.

She said authorities “see immense potential in this future collaboration, particularly with Canada’s strong commitment in sustainable development that aligns with BCDA’s vision for responsible growth across its economic centers.”

“We look forward to fostering long-term relationships that will drive innovation and progress in both countries,” she added.

The BCDA said the meeting “highlights BCDA’s commitment to attracting foreign direct investments that will catalyze national development through strategic infrastructure and economic zone development.”

“The engagement forms part of BCDA’s ongoing efforts to promote its developments as a prime investment and tourism destination. By leveraging Canada’s business environment and established Filipino community, the Authority seeks to create meaningful partnerships that drive mutual growth,” it said.

“BCDA’s proven track record in public-private partnerships positions its properties as ideal gateways for international investors seeking high-growth opportunities in Southeast Asia’s most dynamic economy. By forging stronger partnerships with international business communities, BCDA aims to accelerate its development goals, contributing significantly to the country’s economic resurgence.”