Latest news with #P360-million

GMA Network

P360-million dorm for student-athletes to be built in New Clark City

The five-storey dormitory will be built at the National Academy of Sports (NAS) in New Clark City, Capas, Tarlac. Photo: Bases Conversion and Development Authority The Bases Conversion and Development Authority (BCDA) is set to start the construction of a P360-million dormitory that will house up to 400 student-athletes at the National Academy of Sports (NAS) in New Clark City, Capas, Tarlac. According to the BCDA, the dormitory will be a five-storey building with its 1,500 square meters to include 14 quad-sharing rooms for female students, and another 14 quad-sharing rooms for males. It will be constructed in partnership with the Department of Budget and Management (DBM). The facility will also house an atrium, a dining hall, recreational spaces, a kitchen and dishwashing area, administrative offices, and laundry and utility rooms. 'By equipping our young athletes with world-class resources and facilities, we are not only developing champions in sports—we are nurturing the future leaders of our country,' BCDA president and chief executive officer Joshua Bingcang said. Established under Republic Act 11470, the NAS is dedicated to nurturing the athletic skills of Filipino student-athletes, as it seeks to provide world-class facilities at par with international standards, and opportunities to compete internationally. The NAS currently houses 270 student-athletes enrolled in academic and athletic disciplines, with a new gymnasium and dedicated gymnastics court also being constructed. 'Our student-athletes deserve nothing less than a world-class environment where they can train harder, dream bigger, and shine brighter,' DBM Secretary Amenah Pangandaman said. Under its mandate, the BCDA is tasked to help strengthen the Armed Forces of the Philippines (AFP), while building cities. It also engaged in public-private partnerships to boost public infrastructure such as tollways, airports, seaports, and major real estate developments. — BM, GMA Integrated News