Singapore
BCDA APPROVES P53.5B IN INVESTMENTS, EXPECTS TO CREATE OVER 6,500 JOBS
INVESTMENTS approved by the Bases Conversion and Development Authority (BCDA) surged in the first seven months of the year, ballooning by 63.82 percent to P53.5 billion from P32.7 billion a year earlier. These investments are expected to generate 6,591 new jobs, a 6.2-percent jump from the 6,544 jobs seen in January-July 2024. The new jobs will be available across BCDA-managed economic zones, specifically in New Clark City in Tarlac City and Camp John Hay in Baguio City, which the BCDA said had seen a significant ramp up in investor activity. “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,” BCDA President and CEO Joshua Bingcang said. Major investors and partners that signed contracts with BCDA in the first seven months of 2025 were Science Park of the Philippines Inc., Sta. Clara International–Saekyung Realty and the Bangko Sentral ng Pilipinas for developments in New Clark City. https://www.manilatimes.net/2025/08/08/business/top-business/bcda-approves-p535b-in-investments-expects-to-create-over-6500-jobs/2164223 (ICE SINGAPORE)
Fonte notizia: The Manila Times, 8 August 2025
