THE Bases Conversion and Development Authority (BCDA) on Friday said it will tap the services of the DBP Data Center Inc. (DCI) for the creation of a faster, more efficient digital system to improve financial data processes across BCDA properties.
The two government agencies entered an agreement signed by BCDA President and CEO Joshua Bingcang, and DBP-DCI president and CEO Michielson Luakian.
“The collaboration will initially cover Camp John Hay through the John Hay Management Corp., with plans to expand to potential digital infrastructure initiatives in New Clark City and other BCDA-managed properties,” the BCDA said.
Under the agreement, BCDA will support DBP-DCI in undertaking the necessary studies and accessing relevant data. This includes previously conducted assessments, as well as coordinating with concerned agencies and stakeholders for a one-year period.
“By modernizing our financial management systems, we are enhancing transparency, efficiency and accountability across our developments,” Bingcang said.
Once implemented, the system will deliver more seamless, secure and efficient transactions for locators and investors, helping create smarter and more business-friendly communities in Camp John Hay and New Clark City, the BCDA said.
DCI, founded in 1982, is a wholly owned subsidiary of the Development Bank of the Philippines (DBP).
Starting out as DBP’s data center, DCI has become the only government-owned and -controlled corporation that provides IT project management and consultancy, IT procurement, bids and awards assistance, information system security policy formulation and implementation, staff supplementation and IT training under its project management department.
The BCDA-DBP-DCI project aligns with President Ferdinand Marcos Jr.’s push for digitalization and good governance, promoting efficient use of funds and technology to improve public services.
