The Bases Conversion and Development Authority (BCDA) signed a 25-year lease contract with Mr. Danilo G. Lim for one of its prime ASEAN Villas at the Clark Freeport Zone, Angeles, Pampanga.
The 1,082-square-meter ASEAN Villa houses four bedrooms, two dining rooms, a living area, foyer, veranda, sunroom, porch, a private office, den, security office and headquarters, three-car covered garage, and four open space parking slots.
This development forms part of BCDA’s assets disposition program, which is carried out pursuant to Republic Act 7227. The law mandates the BCDA to accelerate the sound and balanced conversion of former military reservations into alternative productive uses.