Placing The Bases Conversion and Development Authority, its subsidiaries and attached agencies, under the Policy Supervision of the Department of Trade and Industry

Case Overview and Summary

Summary of Executive Order No. 478

Placing the Bases Conversion and Development Authority (BCDA), its Subsidiaries and Attached Agencies under the Policy Supervision of the Department of Trade and Industry (DTI)

- The DTI is the primary coordinative, promotive, facilitative, and regulatory arm of the Executive Branch in the area of trade, industry and investment. (Whereas clause)
- The government aims to accelerate the conversion of Clark and Subic military reservations, and their extensions, into alternative productive uses, and to raise funds by selling portions of Metro Manila military camps, as per Republic Act (RA) No. 7227 or the Bases Conversion and Development Act of 1992. (Whereas clause)
- The BCDA was created under RA No. 7227, and Section 17 placed it under the direct control and supervision of the Office of the President for policy direction and coordination. (Whereas clause)
- Section 13(a) of RA 7227 created the Subic Bay Metropolitan Authority (SBMA) as an operating and implementing arm of the BCDA. (Whereas clause)
- To facilitate coordination of policies and programs between the DTI and BCDA for the progress of trade, industry, and investments, it is necessary to place BCDA and all its subsidiaries and attached agencies, including the SBMA, under the policy supervision of the DTI. (Whereas clause)
- Section 1: The BCDA and all its subsidiaries and attached agencies, including the SBMA, are hereby placed under the policy supervision of the DTI.
- Section 2: The Secretary of DTI shall recommend to the President nominees for the position of Chairman, President and Members of the Board of BCDA and SBMA.
- Section 3: All orders, issuances, rules and regulations or parts thereof inconsistent with this Executive Order are hereby repealed and modified accordingly.
- Section 4: This Executive Order shall take effect immediately upon publication in a newspaper of general circulation.