Bangko Sentral ng Pilipinas Governor Felipe M. Medalla said the six-hectare Security Plant Complex in Quezon City with estimated value of P8billion will not be considered “for sale” under his watch.
Diokno said the BSP may choose to keep or sell the Quezon City facility, or find a private sector partner for the prime property’s joint development. The SPC is located at the center of East Avenue, along a major highway leading to EDSA Avenue. The BSP broke ground on this project in September 2019. The BSP’s contract to lease the area is worth P2.73 billion which it will pay the Bases Conversion Development Authority after signing a 50-75 year lease.
Meanwhile, the P25 billion approved budget will cover the construction of an “inclusive, green, and smart” office building, the BSP Museum, an academic building, a sports complex, data and command centers, and commercial stalls. Aidea will design all publicly accessible and semi-restricted areas.