MAJOR aviation and logistics companies drove a more than sixfold surge in investments approved by the Bases Conversion and Development Authority (BCDA) in the first half of 2026.
Latest data showed that BCDA-approved investments reached P49.96 billion during the period, up 535 percent from P7.87 billion in the same period last year. The commitments are expected to generate about 4,210 jobs.
The aviation sector alone accounted for P33.91 billion, or nearly 68 percent of the total, making it the largest contributor to the investment increase.
The latest commitments included Lufthansa Technik Philippines’ development of a new widebody aircraft maintenance facility in Clark, along with continued expansion by Federal Express Corporation (FedEx) and United Parcel Service (UPS) International.
The projects cover aircraft maintenance, repair and overhaul (MRO), cargo and logistics and other aviation-related activities, adding capacity around Clark International Airport and strengthening its links to domestic and international markets.
‘Global companies are making larger and longer-term commitments to the Philippines because they see the potential to serve both the domestic market and the wider Asia-Pacific region from here,’ BCDA President and Chief Executive Officer Joshua M. Bingcang said.
Clark’s location in Central Luzon provides aviation and logistics operators with access to the region, Metro Manila and other domestic markets.
Other sectors also posted investments during the period. The residential sector accounted for P5.9 billion in approved investments, while government and sports projects contributed P500 million and hospitality investments reached P30 million.
Agreements involved InfiniVAN, the Philippine Sports Commission, Sophia Real Estate Executives and Development Corp., Baguio Mountainscapes, Hann Philippines and ACWA Power Philippines, as well as a consortium of GTM Networks Asia and Volksbahn Technologies.
Furthermore, investment activity was concentrated primarily in BCDA’s major economic zones, including Clark and Camp John Hay in Baguio.
The investment commitments come as BCDA and its partners continue to develop infrastructure for the Luzon Economic Corridor, including airport capacity, connectivity and logistics facilities.