The Bases Conversion and Development Authority (BCDA) has remitted P2.6 billion in dividends to the National Government from its 2025 results. This significant contribution is a notable achievement for the BCDA, which manages New Clark City in Tarlac. The city has recently secured a landmark investment to build an artificial intelligence-native industrial hub. The BCDA's subsidiary, Clark Development Corp., also turned over P2.6 billion in dividends to the National Government.
Government-owned and -controlled corporations (GOCCs) have remitted a combined P147.15 billion in dividends to the National Government, a record amount that is up 29% from the previous year. Of this total, P140 billion has already been remitted, with the balance due shortly. This significant increase in dividends is a testament to the strong performance of GOCCs in 2025. The Department of Finance recognized the top dividend generators at a ceremony, highlighting their contributions to the National Government.
The Philippine Economic Zone Authority (PEZA) has also made a significant contribution, turning in P1.44 billion in remittances to the National Government for 2025. This marks the third straight year that PEZA's dividend contributions have breached the billion-peso mark. PEZA oversees over 400 economic zones, hosting a wide range of industries including manufacturing, IT-BPM, logistics, and tourism.
A total of 15 GOCCs have turned over more than P1 billion in dividends to the Treasury, demonstrating their commitment to contributing to the National Government's finances. The Dividends Law requires GOCCs to declare and remit at least 50% of their annual net earnings as dividends to the National Government. This law ensures that GOCCs prioritize their financial contributions to the government, supporting its development initiatives and programs.
