The Bases Conversion and Development Authority (BCDA) announced that it remitted P2.6 billion in dividends to the National Government, based on its 2025 financial performance. In a social media post, its subsidiary Clark Development Corp. (CDC) confirmed turning over the same amount to the national treasury. The disclosure was reported by BusinessWorld.
BCDA joins the Philippine Economic Zone Authority (PEZA) and other government-owned and -controlled corporations (GOCCs) that collectively remitted billions of pesos in dividends. The dividend contributions are part of the GOCCs' mandate to share a portion of their net earnings with the national government, helping fund infrastructure and social programs.
The combined dividend remittances from top-performing GOCCs are expected to bolster state coffers amid the government's push for fiscal consolidation. BCDA's P2.6-billion dividend reflects its continued profitability from asset development and land management, while PEZA benefits from its role in investment promotion and economic zone operations.