Consunji-led DMCI Holdings, Inc. is setting aside P40 billion for this year’s expenditures. The amount is said to be the biggest annual outlay to date. There is an expected growth for its power generation and real estate businesses later. The current spending plan is more than double than the previous year’s.
According to DMCI Holdings Chairman, President Isidro A. Consunji, “there is still considerable room for growth in the property market and power industry so we are focusing our resources on these areas.” He also stated that this year’s spending is already fully funded by loans secured in the previous year, not to mention internally generated funds.
