Property giant Ayala Land Inc. has raised its stake in Cebu through a joint venture with the Metro Gaisano group to develop a 12-hectare raw land in Mactan into a leisure-oriented mixed-use community.
After their game-changing partnership in telecommunications, businessman Manuel V. Pangilinan and tycoon John Gokongwei have formed a new alliance to jointly bid for the P17.5-billion Mactan Cebu International Airport passenger terminal redevelopment project.
Union Energy Corp., led by Puregold owner Lucio Co, and power firm Sta. Clara Power Corp. are putting up a P1.9-billion mini-hydro power project, aimed at helping secure the electricity requirements of consumers in Oriental Mindoro.
Businessman Manuel V. Pangilinan’s Metro Pacific Investments Corp. (MPIC) is forming a joint venture with a foreign partner to make a strong bid for the Mactan-Cebu international airport project, one of the biggest infrastructure contracts being bid out by the Aquino administration this year.
CONGLOMERATE San Miguel Corp. and Jakarta-based Citra Group is building up a war chest worth $1 billion for infrastructure projects in the Philippines and Indonesia, with the aim of becoming Southeast Asia’s biggest toll road player.
The San Miguel group is taking in Poland-based Can Pack Group, a key player in the global packaging industry, as a strategic partner in its aluminum can manufacturing business.
Laguna-based semiconductor manufacturer Cirtek Holdings Philippines Corp. and Sony LSI Design Inc. have finalized a joint business plan for the rollout of test boards for various consumer and industrial electronic goods and applications.
Megawide Construction Corp. and its controlling shareholders are setting up a joint-venture firm to build classrooms for the Department of Education (DepEd) under a recently bagged P12.83-billion, 10-year public-private partnership (PPP) infrastructure project.
Publicly listed Greenergy Holdings Inc. (formerly MUSX Corp.) has tied up with Dutch firm Hydroring Capital BV to put up multiple hydropower projects and other related infrastructure in the Philippines.
Local industrial firm AG&P and Texas-based construction company Fluor Corp. have joined forces to create a new entity that will take on big-ticket infrastructure projects around the world.
Fastfood chain magnate Tony Tan Caktiong and entrepreneur Edgar “Injap” Sia II have teamed up on the property development business that they envision to be one of the country’s biggest property developers by 2020.
Despite territorial tensions between Beijing and Manila, China Railway Construction Corp. (CRCC), China’s second-biggest state-owned construction company, has signified its interest in taking on the Light Trail Transit (LRT) South Extension project to be bid out this year. But instead of participating in the bidding process for the project, the Chinese company’s partner, Reghis Romero [...]
