Aboitiz allots P800M for West Cebu Estate expansion - BusinessWorld Online bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
Thirty years after carving its name as the shipbuilding capital in the Philippines, the Aboitiz-led West Cebu Estate is eyeing to spend more than P800 million to diversify its locator mix attracting medium to light industries.
Kamsarmax, the world s first methanol-fueled bulk carrier, is set to be built at the West Cebu Estate (WCE) in Cebu s Balamban town, dubbed the biggest shipbuilding facility in the Philippines.