February 21, 2023
Description:
February 20, 2023, Pampanga – Poro Point Management Corporation (PPMC) led by its President and CEO, Atty. Felix S. Racadio attended the Focus Group Discussion (FGD) on Amending Republic Act No. 7227 or the Bases Conversion Development Act of 1992 held at the Hilton Clark Sun Valley Resort, Pampanga.
Led by the Presidential Legislative Liaison Office (PLLO), the FGD centered on the proposed amendments under House Bill No. 5816 authored by Rep. Gloria Macapagal-Arroyo and House Bill No. 1690 authored by Rep. Aurelio D. Gonzales, Jr. seeking to strengthen and revitalize RA 7227, three decades after its passage.
Officials from the Bases Conversion Development Authority (BCDA), Clark Development Corporation (CDC), Clark International Airport Corporation (CIAC), John Hay Management Corporation (JHMC), Governance Commission For GOCCs (GCG) Department of Finance (DOF), Department of Budget and Management (DBM), Department of Environment and Natural Resources (DENR), National Commission on Indigenous Peoples (NCIP) and other government agencies were also present in the activity.
The Poro Point Freeport Zone used to house the former Wallace Air Station. The enactment of Republic Act 7227 (Bases Conversion and Development Act) on March 19, 1992 and Proclamation No. 216 on July 27, 1993 effectively transferred the stewardship of the Freeport to the Bases Conversion and Development Authority (BCDA) to facilitate its conversion into a productive economic growth center.
Gov. Joaquin L. Ortega Ave. (Formerly Pennsylvania Ave.) San Fernando City 2500, La Union Philippines
