The Bases Conversion and Development Authority (BCDA) is ramping up efforts to harness renewable energy in Poro Point, La Union, while advancing discussions with South Korean firms on smart infrastructure projects.
BCDA President and CEO Joshua M. Bingcang confirmed that the agency is assessing the areaโs potential for solar and other renewable energy developments. โWeโre looking for this kind of renewable projectโฆ the sunlight there lasts the whole day. Itโs there, being blocked by mountains, but itโs an open sea,โ Bingcang said, referring to the siteโs favorable coastal exposure and consistent sunlight.
The initiative is part of BCDAโs broader sustainability roadmap, which aims to source at least 20% of its power requirements from renewable energy across its developments. Poro Point, with its ample natural resources, is among the key locations under evaluation.
BCDA is also in talks with South Korean partners to enhance infrastructure and implement smart city solutions. In a recent meeting, BCDA executives discussed with Moon Engineering Co. Ltd. a proposed feasibility study to upgrade the San Fernando Airport, which is located within the Poro Point Freeport Zone. The planned airport improvement is expected to boost commercial connectivity in Northern Luzon.
Separately, the agency engaged Jin Systems Co. Ltd. to explore a smart mobility collaboration in New Clark City under the 2025 K-City Network Smart Solution Demonstration Project. The initiative is aligned with BCDAโs long-term goal of positioning New Clark City as a model for sustainable urban development.
โThese potential partnerships will play a pivotal role in advancing infrastructure and integrating cutting-edge technologies in New Clark City and Poro Point,โ said Bingcang.
The developments come amid a strong financial performance by BCDA, which posted record-high dividends to the national government. The agency remitted Php2.04 billion in dividends for 2025, reflecting an increase of 30.68% from the previous year and representing 80% of its 2024 net earnings. This exceeds the mandated requirements under the Dividend Law and targets set by the Department of Finance.
In addition, BCDA remitted Php3.13 billion in asset disposition proceeds and Php46 million in guarantee fees, bringing its total contribution to the national government to Php5.21 billion as of mid-May 2025. The funds support government initiatives, including the ongoing modernization of the Armed Forces of the Philippines.
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