Megaworld Corp. is planning to pour P180 billion to develop at least 12 mixed-used projects in the next 10 years outside Metro Manila. Kingson Sian, executive director of Megaworld, maintains a positive outlook for the company’s growth during the term of president-elect Rodrigo Duterte. The president-elect’s economic agenda seems to sustain the previous administration’s gains while improving and increasing focus on some aspects such as rural development. The eight point agenda would help attract foreign direct investments (FDIs) and aid in the development of rural areas, says Sian.
In light of these policy developments, Megaworld is focusing on developing existing township projects in the provinces.
The 12 provincial townships are located in places like Iloilo City, Lapu-Lapu City, Davao City, Bacolod City, and Tanza, Cavite among many others. All of these mix-used developments are located outside Metro Manila. “We are further spreading our nation-building efforts, particularly in developing idle lands into bustling business and lifestyle districts, to the key cities and towns across the country where economic opportunities abound,” Sian said.
