Ayala Corp. and its subsidiaries are looking at least $1.85 billion worth of private-public-partnership projects that will be bid out by the government. Ayala plans to bid for the $380 million NAIA Expressway, the $470 million Cavite-Laguna (CALA) expressway, the $700 million LRT 1, and LRT 2. John Eric Francia, Managing Director and head of corporate strategy of Ayala, said, "There is a lot of need and demand for infrastructure and only a few groups have the means, capital and expertise to make a huge impact."
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620 PHP | +1.31% | +5.62% | -8.96% |
05-15 | Ayala Corporation's First-Quarter Net Rose on Higher Contribution from Businesses | DJ |
05-14 | Ayala Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
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1st Jan change | Capi. | |
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+17.32% | 30.03B | |
-5.15% | 28.11B | |
+26.23% | 26.23B | |
+17.21% | 25.22B | |
+20.06% | 23.18B | |
+40.97% | 22.31B | |
+13.13% | 18.4B | |
-4.42% | 18.21B | |
+9.98% | 16.41B |
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