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Business groups back BCDA charter changes

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FIVE major business groups in Central Luzon are supporting proposals to amend the charter of the Bases Conversion and Development Authority (BCDA).

FIVE major business groups in Central Luzon are supporting proposals to amend the charter of the Bases Conversion and Development Authority .The revisions to Republic Act 7227 that created the BCDA in 1992 will help boost economic growth in the region and the country, said the business groups, which include the Pampanga Chamber of Commerce and Industry Inc.

added the proposal could enhance Clark's viability as an investment destination, and spur sustainable and inclusive development in the ecozone.While acknowledging the Philippine economy has been growing at six percent on average for the past several years, Villanueva also pointed out the observation that it has been a non-inclusive growth. 'This would partially address that issue. people working here don't have to commute and travel far.

 

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