AFP to get ₱20 Billion from sale of Jusmag property - for Frigates MPAC Eurocopters

[Armed Forces of the Philippines (AFP) Properties sold to upgrade the Armaments of the Philippines]

The Armed Forces of the Philippines (AFP) is expected to receive a total of more than   20 billion for its modernization program from the sale of one of its properties in Fort Bonifacio, Taguig City, a Bases Conversion and Development Authority (BCDA) official said Saturday.

BCDA Executive Vice President Aileen Zosa said the disposition of the 34.5-hectare Joint US Military Assistance Group (Jusmag) area in Fort Bonifacio to realty developers would help fund the military's modernization drive.

"The Jusmag area will generate for the Armed Forces of the Philippines more than 20 billion over the years," Zosa said.

The 20 billion is expected to fund the government's planned purchase of warships, jet fighters and other equipment to modernize the military in the coming years.

It intends to buy from the Italian Navy next year two Maestrale-class frigates armed with surface-to-air and surface-to-surface missiles and capable of antisubmarine warfare. The ships will cost 11.7 billion.

[ Purchase of 2 Italian Made Maestrale-class frigates armed with surface-to-air and surface-to-surface missiles and capable of antisubmarine warfare]

The Department of National Defense also plans to acquire 10 T-50 multipurpose supersonic jet fighters from South Korea to secure the nation's airspace.

This year, the military will also get two or four of 10 attack Eurocopters worth 3.2 billion from France; 21 UH1 helicopters worth 1.2 billion, two multipurpose attack craft (MPACs) and four Sokol helicopters.

Zosa announced the expected windfall from the Jusmag property sale during BCDA's turnover of 64 condominium units in Fort Bonifacio to the AFP for the use of soldiers and their families.

"The BCDA does not only help the armed forces expedite the implementation of its modernization and capability upgrade program, but also recognizes the sacrifices made by our soldiers through significant projects that help military dependents live a better quality of life," said AFP chief of staff Gen. Jessie Dellosa.

"In return for the continuous assistance and benefits from the BCDA, the AFP assures that we will be more enthused to perform our mandate of protecting the people and the state more efficiently and effectively," he added.

As of December last year, the BCDA has already remitted 15.1 billion to the AFP from the sale of its other real estate properties.

The House of Representatives has also approved a bill extending the AFP modernization law and providing it with a 75-billion budget over the years.

Undersecretary Fernando Manalo, who attended the turnover ceremony of the condominium units in behalf of Defense Secretary Voltaire Gazmin, said these would help boost the morale of soldiers.

[Attack eurocopter - photo from wikimedia] 

The AFP formally received the four residential condominium buildings. Each condominium unit has a total area of 100-square meters with three bedrooms. The five-storey buildings with 16 condo units each can house a total of 64 families of active Army soldiers.

This is part of the BCDA's Jusmag replication program, a 700-million project which aims to provide the AFP with 12 residential condominium buildings.

Of the 10 buildings being constructed at Fort Bonifacio, nine buildings are reserved for the Philippine Army and one building for the Philippine Navy. The two other buildings are located within the retention area of the Philippine Air Force in Villamor Air Base, Pasay City.

Inquirer 

Share on Google Plus

About Webber

I am among of the writers and administrators of this web site. I always on the heads up when it comes to Sports, Politics, Economy, Business, Physics, Mathematics, Technology, computers and NEWS all over the world that triggers ny eyes and interests. I am working as a volunteer with other 14 administrators, researchers, writers and contributors. We are a strong solid team. Join us and be among of the contributor with your name on each posted article.
    Anonymous or Google Comment
    Facebook Comment

13 comments:

  1. Maestrale-class frigates armed with surface-to-air and surface-to-surface missiles and capable of antisubmarine warfare - Meron Made in China nito

    Baka dadayain nyo na naman ang pera ng taumbayan huh!

    Makita nyo may made in China na Maestral Class Frigate kopyang kopya sa mAde in Italy..

    Pano nami malalaman na made in Italy yan pag nabili nyo na? Open dapat lahat ng papers dito kasi baka made in china ilalabas nyo.. sampal sa buwan aabutin dyan....

    ReplyDelete
  2. ungas ka hindi pwd ang made in china dito, dhil bulok at walang kalidad ang barko nila., parang lata lang ng sardinas kung baga.....hahaha...

    ReplyDelete
  3. pag bumili kayu ng made in china dukutin kayu ng hukbalatsin hehe....at pag kumampi kayu sa china umalis na kayu sa pinas maluwag ang kontinente ng china....kasya kayu lahat duon para pag binomba ng united nation adios....:)

    ReplyDelete
  4. napakatanga naman alam na ngang galing Italy eh nakalagay na nga sa Wikipedia at balita nagpapakatanga ka pa rin tsk

    ReplyDelete
  5. hindi yan tanga, militante yan gusto lng nyan iligaw ang katutuhanan, kc takot cla kpgdumating n ang mga barkong yaan, dhil yan ang pambomba s kanilang armadong mga NPA, hahaha.....

    ReplyDelete
  6. lol may point ka pero nagpapakatanga pa ren ahaha

    ReplyDelete
  7. Excellent! I hope i-consider din ng Government natin na mag invite ng mga investors/experts together with local joint ventures na gumawa ng sariling fighter jets, warships, remotely operated vehicles, attack helicopters, etc. dito sa Pilipinas.

    Dadami pa ang magkakaroon ng trabaho dito, may transfer technology, gaganda pa lalu ang economy tapos kung bibili tayo mas mura pa ang price na ma acquire natin at bago pa.

    I pray this will happen very soon.

    ReplyDelete
  8. Pero kailangan hindi kalimutan ang pag strengthen ng Philippine Coast Guard at Philippine Navy Technical Deep Water Diving. I-train pa ang mas maraming mga coast guard and navy personnel para sa highly technical deep water diving. At kailangan bumili rin ng mga side scan sonars kung may emergency ulit na mangyari.

    Kailangan din ng additional Recompression Chamber na extra pa in case may sira iyong isa or under maintenance, kailangan din additional trained doctors, nurses and operators and technicians ng Recompression Chambers.

    ReplyDelete
  9. Sana maisip din ng Philippine Government na bumili ng Arleigh Burke Destroyer mga 2 units nito, one squadron of F-22 or F-35c, E-2D Advanced Hawkeye, 2 units of Poseidon P-8A, 2 units of FREMM frigates and mga land based (movable) anti missile support.

    ReplyDelete
  10. Dapat diyan sa Jusmag magkaroon ng green parks.

    ReplyDelete
  11. Kailangan ng Pilipinas ng mga Apache Ah-64 Attack helicopters.

    ReplyDelete
  12. Don't be so worry about the made in China all of the materials that they are using is from Italy naman pero don na minafacture sa China.

    ReplyDelete
  13. Dapat maglaan diyan sa Jusmag or FTI property na mga 15 to 20 hectares of green parks.

    Puro Building na rin kasi diyan eh.

    ReplyDelete

******************************************************************************************
Thank you for leaving a comment!... Rebuilding for the Better Philippines encourages responsible and peaceful comments that add dimension to our discussions. Please no Profanity , No bashing or hate speech. You can express your opinion without slamming others or making derogatory remarks.
*******************************************************************************************

Recent comments