The Bases Conversion and Development Authority ended 2025 with P14.1 billion in cash revenues, exceeding its target by 41 percent and surpassing its 2024 performance by nearly 21 percent, officials said Wednesday.
The agency originally set a P10 billion target for the year. The final results represent a significant increase over the P11.66 billion recorded in 2024.
BCDA officials attributed the growth to increased private-sector activity within economic zones and the strategic use of land assets for national infrastructure projects.
“BCDA’s 2025 results show that investor confidence in our economic zones is strengthening, driven by disciplined asset management and projects that are ready for execution,” said Joshua Bingcang, BCDA president and chief executive. “This allows us to convert land value into real cash flows that directly support government priorities.”
Bingcang noted that the transfer of BCDA properties for major infrastructure projects underscores the agency’s role in advancing connectivity and economic growth.
The 2025 revenues consist of actual collections from land dispositions, lease agreements, concession fees, and investment receipts across BCDA-managed zones.
Of the total revenue, approximately P3.29 billion is expected to be remitted to the Armed Forces of the Philippines Modernization Program.
The 2025 remittance will bring the BCDA’s cumulative contribution to the military modernization program and the replication of facilities to P103 billion since May 1993.
Under the Bases Conversion and Development Act, the agency converts former U.S. military bases and Metro Manila camps into economic hubs. The proceeds are channeled toward national defense, infrastructure, and socioeconomic programs.
