NBP’s lease could generate steady revenue for BuCor modernization

MANILA, Philippines – Bureau of Corrections (BuCor) Director General Gregorio Pio Catapang said the New Bilibid Prison (NBP) site will be transformed into a mixed-use property that could generate steady revenue to support the Bureau’s ongoing development and modernization plan. Catapang made this remark as BuCor hosted a market-sounding summit at The Somerset in Alabang, Muntinlupa City, where the bureau unveiled plans to unlock its vast assets in preparation for the NBP’s closure by 2028. READ: BuCor needs P205B to decongest facilities by 2028 He said the summit focused on the 160-hectare portion of the NBP property available for purely commercial […]... Keep on reading: NBP’s lease could generate steady revenue for BuCor modernization

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