Ayala Land Inc. allocates P80B for Arca South project

Property giant Ayala Land Inc. (ALI) is allocating P80 billion for its newest integrated mixed-use development in Metro Manila. The property arm of the Ayala conglomerate is also beefing up its tourism portfolio with a P6-billion investment in Palawan as it expands overseas to Myanmar and Vietnam, executives said. Aniceto V. Bisnar Jr., vice president of ALI’s Strategic Landbank Management Group, said in a briefing...

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