5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

BCDA begins disposing of some residential lots around John Hay

by
December 13, 2023
in Stock
0
BCDA begins disposing of some residential lots around John Hay













THE Bases Conversion and Development Authority (BCDA) said its subsidiary John Hay Management Corp. (JHMC) has started removing parts of Barangay Hillside in Baguio City from its jurisdiction.

In a statement, the BCDA and John Hay said they have started disposing of residential lots to qualified occupants.

“This is the first crucial step to jumpstart the process of excluding portions of Barangay Hillside from Camp John Hay,” BCDA President and Chief Executive Officer Joshua M. Bingcang said. 

“We hope this development gives the public and the residents of Baguio the assurance that BCDA and JHMC are committed to deliver our obligations insofar as they are consistent with Republic Act 7227 or the BCDA Law,” Mr. Bingcang said.

On Tuesday, the BCDA issued certificates of recognition to 39 bonafide occupants in Barangay Hillside who are pre-qualified to purchase parcels of land where they have been residing as early as 1991. 

“We are dedicated to the progress of Barangay Hillside, ensuring that its residents are empowered through land ownership. This initiative reflects our commitment to uphold the law and prioritize the welfare of the community,” JHMC President and Chief Executive Officer Allan R. Garcia said.

According to the BCDA, forested areas and water resources are to remain under the jurisdiction of both BCDA and JHMC while vacant lots are reserved as relocation sites for bonafide beneficiaries occupying forest areas, water resource areas and danger zones.

The state-owned firm said that it is aiming to commence the disposition of properties within the John Hay area which may be granted to qualified beneficiaries in accordance with applicable laws.

On Oct. 26, Baguio Rep. Mark O. Go filed House Bill 9428, which seeks to declare portions of Camp John Hay as alienable and disposable, and excluded from the coverage of the BCDA law.

The bill proposes that these sites, encompassing 12 barangays in Baguio City, to be open to disposition to qualified applicants, the BCDA said.

The bill has been with the House of Representative Committee on Natural Resources since Nov. 8. — Justine Irish D. Tabile

RELATED ARTICLESMORE FROM AUTHOR



MORE STORIES


Previous Post

Social enterprise measure hurdles House committee

Next Post

Energy developers form group to pool expertise in offshore wind operations

Next Post
Energy developers form group to pool expertise in offshore wind operations

Energy developers form group to pool expertise in offshore wind operations

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    One in six UK workers struggling to pay bills as second jobs hit record high

    One in six UK workers struggling to pay bills as second jobs hit record high

    July 12, 2025
    JuanHand earns Green Flag recognition from Filipino Fair Loans Advocacy Group (FILFLAG)

    JuanHand earns Green Flag recognition from Filipino Fair Loans Advocacy Group (FILFLAG)

    July 11, 2025
    United under one roof: How Puregold brought generations of OPM together in the Philippine Arena

    United under one roof: How Puregold brought generations of OPM together in the Philippine Arena

    July 11, 2025
    UK government considers rescue deal for Speciality Steel amid fears of collapse

    UK government considers rescue deal for Speciality Steel amid fears of collapse

    July 11, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.