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Bases Conversion and Development Act Summary

Republic Act No. 7227 Mar 13, 1992

The Bases Conversion and Development Act of 1992 establishes the Bases Conversion and Development Authority (BCDA) to convert military reservations into civilian use, raise funds through land sales, and develop Special Economic Zones, with the BCDA having various powers and oversight functions, and the Subic Special Economic Zone and Subic Bay Metropolitan Authority being created as well.

bases conversion development act military reservations

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