Governmental
BCDA Full Form - What is Full Form of BCDA?
Full Form: | Bases Conversion and Development Authority |
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Category: | Governmental |
Sub Category: | Authorities |
What is Meaning of BCDA?
BCDA full form is Bases Conversion and Development Authority.
What is Bases Conversion and Development Authority?
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.