The new leadership of the Bases Conversion and Development Authority (BCDA) has declared its unwavering support and firm partnership with its major stakeholder, the Armed Forces of the Philippines (AFP), by generating revenues for the troops’ modernization program.
Serving a career in the military for 35 years, former Defense chief and currently BCDA Chair Delfin Lorenzana expressed his all-out support to the modernization of the AFP by transforming former US military bases, like Clark, into new frontiers of development.
Lorenzana welcomed his former brother-at-arms, led by AFP Chief of Staff Lt. Gen. Bartolome Vicente Bacarro, in New Clark City in Tarlac for the 25th AFP Forum.
The forum is part of the BCDA’s stakeholder engagement program, which aims to provide the military updates on its current efforts to contribute to the AFP Modernization Program.
This marks the most well-attended AFP Forum hosted by BCDA by far, where over 100 top brass in the AFP organization, led by Bacarro, were present.
As a testament to its mandate, BCDA has contributed to the AFP a total of P56.4 billion since its creation in 1992. This accounts for the biggest chunk or 43 percent of the P130.18-billion total asset disposition proceeds from 1993 to August 2022.
“The BCDA is really about two things: one is to help strengthen the Armed Forces and the other is to build great cities like the Bonifacio Global City, Clark Freeport and Special Economic Zone, and the biggest yet, the New Clark City,” said BCDA president and CEO Aileen Zosa.
She added that now more than ever, BCDA will be more conscious in generating revenues for the modernization of the AFP and expediting the completion of much-needed military facilities.