Bases Conversion and Development Authority (BCDA) has achieved its highest-ever ranking among government-owned and -controlled corporations (GOCCs), placing sixth nationwide after remitting a record P5.33 billion in dividends this year.
The BCDA was among the top-performing GOCCs honored on “GOCC Day” on Sept. 16, 2025, at Malacañang Palace, led by President Ferdinand Marcos Jr.
“This milestone is a testament to BCDA’s steadfast commitment to spur progress and inclusive development for the Filipino people,” BCDA president and chief executive Joshua Bingcang said.
“We strive to continue this momentum as we carry out our mandate of transforming former military baselands into world-class cities and economic hubs,” he said.
As of Sept. 12, 2025, the government had received a total of P116.84 billion in dividends from GOCCs, which will be used to fund various socio-economic programs.
The top dividend contributors were the Land Bank of the Philippines with P33.5 billion, Bangko Sentral ng Pilipinas with P18.9 billion, the Philippine Amusement and Gaming Corp. with P12.7 billion, the Philippine Deposit Insurance Corp. with P10.1 billion and the Power Sector Assets and Liabilities Management Corp. with P9 billion.
The Philippine Ports Authority, Manila International Airport Authority, Clark Development Corp. and Philippine National Oil Company also made substantial remittances.
BCDA subsidiaries contributed as well, with the Clark International Airport Corp. remitting P282.72 million, the John Hay Management Corp., P14.33 million and the Poro Point Management Corp., P11.06 million.
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