BCDA Open to Contract Talks with Camp John Hay Lessees
The Bases Conversion and Development Authority (BCDA) is willing to talk with sub-lessees of Camp John Hay regarding their respective contracts, but Camp John Hay Development Corp. (CJHDevCo) claims the state-run firm is obliged to honor the contracts.
BCDA president and chief executive officer Arnel Paciano Casanova told reporters in a chance interview that the state-run firm is open to talks with sub-lessees of the Camp John Hay to come up with mutually acceptable terms on their investments following the Philippine Dispute Resolution Center Inc.’s (PDRCI) decision ordering CJHDevCo to return the property to BCDA.
Source: The Philippine Star