Metro Pacific Tollways Corp. (MPTC) plans to invest over P10 billion for the construction of a spur road that will connect the Manila-Cavite Expressway (Cavitex) to Danilo Atienza (Sangley) Air Base in line with the government’s initiative to start the commercial operation of the airport there this year. Rodrigo Franco, MPTC president, said the company is in talks with partner...
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MACTAN, Cebu—Consunji-led DMCI Holdings Inc. is beefing up its investments in Cebu, mainly on property development and construction activities as it banks on the improving wealth of cities outside of the country’s capital. DMCI Chairman Isidro A. Consunji said the company’s property development arm DMCI Homes has acquired two properties in Cebu for the development of its...
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Cebu City―DMCI Homes, the real estate arm of DMCI Holdings Inc., expanded its landbank with the acquisition of a 9,695-square-meter property in Barangay Lahug in this city. The Lahug property is the second land acquisition made by DMCI Homes in Cebu after acquiring a lot in Barangay Guadalupe where another residential community will rise. “Cebu is one of the fastest-growing economies i...
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Ayala-owned property developer Alveo Land has unveiled a new commercial district in Binan, Laguna as part of its mixed-use estate called “Broadfield,” bringing to the property market P18 billion worth of fresh commercial lot inventory. Targeting business enterprises that want to put up their own building or develop mid-rise condominium towers, Alveo has allocated 36.6 hectares for t...
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MACTAN, Cebu – DMCI Holdings, Inc. is beefing up its investments in Cebu as it banks on the government’s Build, Build, Build program to boost business activity, particularly for the construction and real estate sectors. In a media briefing, DMCI Chairman Isidro A. Consunji said residential developer DMCI Homes has acquired two properties in Cebu which it will develop into their sign...
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MANILA, Philippines — The Department of Tourism (DOT) has opened its infrastructure and investment agency’s assets to public-private partnerships (PPP) in a bid to attract private investments and fasttrack tourism growth. “The Tourism Infrastructure and Enterprise Zone Authority (TIEZA) board approved the inclusion of all TIEZA assets and tourism enterprise zone (TEZ) dev...
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