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What is Bases Conversion and Development Authority mean?
The Bases Conversion and Development Authority (BCDA; Filipino: Pangasiwaan sa Pangkaunlarang Kumbersiyon ng mga Base) is a government-owned and controlled corporation under the Office of the President of the Philippines. It is a government instrumentality vested with corporate powers under Republic Act 7227 (Bases Conversion and Development Act of 1992), signed into law by former President Corazon C. Aquino on March 13, 1992. The BCDA Charter was as amended by RA 7917 in 1995, and further amended by RA 9400 in 2007. The corporation is mandated to transform former US military bases into alternative productive civilian use.
referencePosted on 22 Sep 2024, this text provides information on Miscellaneous in Community related to Community. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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