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Photo: Alviera, an Industrial Park in Porac, Pampanga jointly developed by Ayala Land, Inc. |
Industrial estate developer Prime Orion Philippines Inc. is developing two more industrial parks by the first quarter of 2019, banking on the growth prospects in manufacturing and logistics.
“We are targeting to have two more industrial parks by the first quarter of next year,” Prime Orion president Maria Rowena Manhit-Tomeldan told reporters on the sidelines of the company’s annual stockholders’ meeting in Makati City on Thursday.
“Our business model is historically ... What we do is we get an initial phase and normally we expand. So 60 hectares, it can expand to 200 hectares, depending on the demand,” Avila said.
The company intends to seize opportunities for its logistics business in Cagayan de Oro as the place has seaports and an airport.
Source: GMA News
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