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The Bases Conversion and Development Authority is a government-owned and controlled corporation under the Office of the President of the Philippines. It is a government instrumentality vested with corporate powers under Republic Act No. 7227, signed into law by President Corazon Aquino on March 13, 1992. The BCDA Charter was amended by Republic Act No. 7917 in 1995, and further amended by Republic Act No. 9400 in 2007. The corporation is mandated to transform former US military bases into alternative productive civilian use.
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