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House of Investments, the investment holding and management company of the Yuchengco Group, has obtained the approval of its board of directors to partner with the provincial government of Cavite as part of the private sector consortium developing Sangley Point International Airport in Cavite.
The provincial government of Cavite and its potential joint venture partner are targeting to break ground with the development of the massive Sangley Point International Airport project by the end of the year.
Lucio Tan’s MacroAsia Corp. is looking to return its workforce to its pre-pandemic size in the next two years following a reduction by 42 percent, as the company gears up for growth by expanding its non-airline related businesses.
A powerhouse consortium of local and foreign companies has secured the original proponent status (OPS) for its unsolicited proposal to develop the Sangley Point International Airport project.