PHILIPPINE REAL ESTATE and RELATED NEWS in and around the country . . .

BCDA runs after illegally issued BTP titles

[ ] December 16, 2011

The Bases Conversion and Development Authority (BCDA) has taken steps to assert its ownership of some 192 hectares of state property in Morong, Bataan alleged to have been fraudulently given away to private individuals through the government’s Comprehensive Agrarian Reform Program (CARP).

The BCDA has filed petitions for the annulment of coverage with prayer for the cancellation of the Certificates of Land Ownership Awards (CLOAs) issued to at least six purported groups of farmer-beneficiaries of Republic Act 6657, also known as the Comprehensive Agrarian Reform Law.

The petitions were filed upon instructions of the BCDA board of directors and the president and chief executive officer Arnel Paciano D. Casanova, who want the properties immediately cleared of illegal claimants to give way to speedy development of the land as envisioned in the master development plan for the 356.66-hectare Bataan Technology Park (BTP), a BCDA-owned and administered special economic zone. The BTP is being managed by the Bataan Technology Park Inc. (BTPI), a wholly owned subsidiary of the BCDA.

real estate central philippines
Copyright ©2008-2018