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            Royal Cargo President Elmer Sarmiento told Business Bulletin they are investing at least P50 million for the construction of four new buildings at its Paranaque headquarters. Construction of the new facility is ongoing and is expected to be completed in February this year, just in time for the first quarter expected arrival of the COVID-19 vaccine into the country. “We are investing in a facility with low temperature unit for Pfizer vaccines but we have been in the business of pharma logistics long before so we are taking this opportunity of investing around P50 million. We are just adding four more because it is also expensive,” he said.

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