As the Philippines transits to a Federal State (hopefully by a Constitutional Convention) it will become important to start thinking of government assets and facilities in terms of their being Federal or Regional in character. While some government assets and facilities are clearly National like the NAIA airport or military camps, others, like the Clark Development Corporation (CDC) OR SBMA are clearly only Regional in character, meaning the impact of operations hardly goes beyond the region.

The thinking behind classification of government assets and facilities as to being national or regional is in order to allocate the national debt (the part of which was used to build those facilities) or liability to the Region since the asset will now be considered a Regional Asset for which it has to manage wisely in order to pay for its efficient operations and service the debt. Income from the transferred asset accrues to the Regional Government (with likely minor sharing with the Federal Government).

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