Baseco Compound
Baseco, also known as the Baseco Compound or Barangay 649, Zone 68, is a barangay in Port Area, Manila. It largely consists of Engineer's Island.
History
The land which covers Baseco today was once the location of a dockyard of the National Shipyard and Steel Corporation. In 1966, during the administration of then-President Ferdinand Marcos, NASSCO was acquired by the Romualdez family, the kin of the president's wife Imelda Marcos, through the Bataan Shipping and Engineering Company or BASECO. In the late 1970s, the urban poor population were resettled by the Marcos administration to give space for a possible international seaport. Baseco was formally declared a barangay in the 1980s. Following the People Power Revolution of 1986, the national government under Marcos' successor Corazon Aquino sequestered the property and the urban poor population began to resettle the area.People settled in an area within Baseco which would later be designated as "Block 40". At least 39 other blocks would be established. By 1999, Baseco attained full access to electricity. On February 12, 2002, then-President Gloria Macapagal Arroyo proclaimed Baseco as a residential site.
In July 2021, BaseCommunity, a housing project of the Manila city government in the compound, was inaugurated.
Geography
Baseco consists of Engineer's Island including two stone breakwaters one which borders the Pasig River and another the South Harbor. Prior to 1980, the two breakwaters were two separate islands. Baseco's area has been increased by reclamation both by the government, Non-profit organizations and the residents. The area also has a beach which is frequented by some Manila residents despite dangerous levels of coliform in its adjacent waters.The area is prone to flooding due to typhoons and strong monsoon rains.