BCDA signs P85M+ lease agreements for tourism projects in Clark and Baguio
What happened
The Bases Conversion and Development Authority signed three lease agreements totaling at least P85 million for leisure and tourism projects. These projects include a resort in Clark, a Sizzling Plate restaurant, and an educational family adventure park in Camp John Hay, Baguio City. For the Clark resort, Grace Farm Nature Resort Corp. secured a 15-year lease and committed to investing at least P50 million in construction and improvement.
From manilatimes.net
Why it matters
The agreements are designed to expand tourism offerings and utilize BCDA properties by allowing private sector partners to invest. The investment injection is targeted at the Clark area in Pampanga, with stated goals of creating jobs.
From manilatimes.net
Who's involved
- Bases Conversion and Development AuthorityState-owned agency managing and developing economic zones in the Philippines
- Daniel ChungDirector of Grace Farm Nature Resort Corp., which secured the Clark resort lease
- ClarkArea where BCDA formally manages and owns key infrastructure and economic zones
- BaguioCity where BCDA leased property for tourism projects in Camp John Hay
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Daniel ChungSpeculative
Grace Farm could see increased revenue from the core leisure development it secured in Clark
- PampangaSpeculative
Pampanga might experience increased investment and job creation in the Clark area
- BaguioSpeculative
Baguio might experience increased demand for services due to the new leisure and restaurant investments
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.- Clark tourism development could boost Central Luzon's economyNew tourism development in Clark may boost Central Luzon's economyLikely
- New development leases could boost Pampanga's tourism and investmentPampanga could see a strong boost in investment and tourism from new Clark developmentsLikely
- Daniel Chung's Grace Farm secures major 15-year resort development lease in ClarkDaniel Chung's Grace Farm secures major 15-year resort development lease in ClarkLikely
- New BCDA leases could increase DENR's environmental oversightNew tourism and development leases may increase environmental oversight for DENRPossible
- New Clark resort and park developments may boost airport trafficClark International Airport may see increased traffic from new leisure developments.Possible
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The entities involved
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Bases Conversion and Development Authority
state-owned enterprise in the Philippines
- An MOU was signed at the BCDA Corporate Center on August 1, 2026, establishing a partnership to strengthen investment promotion efforts involving Bonifacio Global City and Murcia.
- BCDA identified a site in New Clark City, Tarlac, while Aetas fear losing their ancestral lands amid a US-led initiative.
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Baguio
city of the Philippines
- Clark