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BSP, BCDA sign contract of lease for new BSP complex at New Clark City

  • January 14, 2021
  • Balikbayan Media Center
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The Bangko Sentral ng Pilipinas (BSP) and the Bases Conversion and Development Authority (BCDA) signed Wednesday, Jan. 13, a contract for lease of a parcel of land at the New Clark City’s National Government Administrative Center (NCC-NGAC) in Capas, Tarlac that will become the site for the new BSP Complex.

BSP Governor Benjamin E. Diokno and BCDA President and CEO Vivencio B. Dizon signed the contract of lease during a virtual ceremony.

According to Governor Diokno, “The signing of the contract of lease brings BSP closer to its goal of building a smart, green and modern facility for its operations. This will further bolster the BSP’s capacity to perform its mandate.”

Covering more than 300,000 square meters, the new BSP Complex in NCC-NGAC shall house the BSP’s facilities for security printing, minting and refining, cash operations, and production of National ID, as well as other structures and facilities that will support BSP’s operations.

“We are very excited that the BSP has decided to move its currency printing and mint facilities to New Clark City. A state-of-the-art facility will rise in New Clark City in the coming years—a testament to the administration’s vision of developing a modern, sustainable, resilient and inclusive metropolis while decongesting Metro Manila,” said Mr. Dizon.

Also present to witnesses the signing ceremony are BSP Senior Assistant Governor and General Counsel Elmore O. Capule and BCDA Executive Vice President Aileen Anunciacion R. Zosa.

—
Stay updated with news and information from the Bangko Sentral ng Pilipinas by visiting their website at https://www.bsp.gov.ph.

Balikbayan Media Center

Balikbayan Magazine's Media Center serves an audience in 60 countries and 101 cities throughout the World to ignite, drive, and fuel the economic development, progression, and modernisation of the Philippines. Our Media Center curates only the most critical, vital, useful, entertaining, and sometimes amusing information released from both the public and private sector. Our editorial team strongly believes that a well-rounded and well-informed society is a thriving society.

Related Topics
  • Bangko Sentral ng Pilipinas
  • Bases Conversion and Development Authority
  • Clark
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