Invest Daily Pro
  • Economy
  • Investing
No Result
View All Result
  • Economy
  • Investing
No Result
View All Result
Invest Daily Pro
No Result
View All Result
Home Top News

BDO supports infrastructure projects to fuel PH’s economic growth

by
October 29, 2024
in Top News
0
BDO supports infrastructure projects to fuel PH’s economic growth
0
SHARES
7
VIEWS
Share on FacebookShare on Twitter
MRT-7 is expected to significantly enhance urban mobility in the country.

BDO Unibank, Inc. (BDO) continues to help drive economic progress through strategic investments in the development of critical infrastructure, particularly in mass transportation and energy sectors. Recognizing the pivotal role of robust infrastructure in enticing foreign investors, BDO cultivates key partnerships aimed at bolstering domestic mobility through expressways, roads, bridges, and enhancing international and domestic connectivity through airport rehabilitation and expansion.

The award-winning Mactan Cebu International Airport boasts world-class amenities aimed to bolster tourism in the Philippines.

BDO Capital & Investment Corporation (BDO Capital) facilitated a landmark deal in relation to the PHP25-billion investment of Aboitiz Infracapital, Inc. (AIC) in GMR-Megawide Cebu Airport Corporation (GMCAC), the developer and operator of the award-winning Mactan Cebu International Airport. This transaction is a notable milestone in the transport and mobility sector which signifies a strong vote of confidence in the Philippine air transport industry, and aims to accelerate national economic growth. BDO Capital acted as Sell-Side Financial Advisor to Megawide Construction Corporation and GMR Airport International BV.

BDO Capital acted as a joint mandated lead arranger and bookrunner in SMC Mass Rail Transit 7, Inc.’s (MRT-7) mass rail transit project which runs from Quezon City to San Jose del Monte, Bulacan. The train will have 14 stations along a 22-kilometer elevated railway line. As one of the 198 high-impact infrastructure projects under the administration’s “Build Better More” program, MRT-7 will provide livelihood, help accelerate the economy and contribute to the nation’s progress.

BDO’s investments extend to the energy sector. The Bank provided the required financing to ACEN Corporation for more renewable energy sources. By investing in renewable energy projects, the Bank aims to bolster energy security, while reducing its carbon emissions. This strategic move aligns with global sustainability goals, making the nation more appealing to environmentally-conscious investors seeking responsible investment opportunities.

Eduardo V. Francisco, President of BDO Capital, underscored how there is a growing interest among sustainability-conscious investors to fund projects that promote clean, renewable energy and green infrastructures. Companies can take advantage of opportunities in the loan market by pursuing projects that create positive environmental and social impact, apart from economic benefits.

“BDO is ready to partner with you as you grow your business as it creates a positive impact to our economy. The assistance we provide is not just through funding, but includes the expertise that we have developed through the years by working with successful local and multinational companies,” said Francisco.

Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify their brand and connect with BusinessWorld’s audience by publishing their stories on the BusinessWorld Web site. For more information, send an email to online@bworldonline.com.

Join us on Viber at https://bit.ly/3hv6bLA to get more updates and subscribe to BusinessWorld’s titles and get exclusive content through www.bworld-x.com.

ShareTweetPin

Related Posts

Have a taste of the perfect day in paradise with SULÀ Spirits
Top News

Have a taste of the perfect day in paradise with SULÀ Spirits

January 8, 2025
First months of 2025 likely rainy amid La Niña conditions, says PAGASA
Top News

First months of 2025 likely rainy amid La Niña conditions, says PAGASA

January 8, 2025
December inflation rises to 2.9%
Top News

December inflation rises to 2.9%

January 7, 2025
Outstanding debt hits fresh high of P16.09T
Top News

Outstanding debt hits fresh high of P16.09T

January 7, 2025
Outstanding debt hits fresh high of P16.09T
Top News

Outstanding debt hits fresh high of P16.09T

January 7, 2025
PHL end-December dollar reserves drop to $106.8B
Top News

PHL end-December dollar reserves drop to $106.8B

January 7, 2025
Next Post
UK data centre investment stalled by lack of electricity supply

UK data centre investment stalled by lack of electricity supply

Recommended

Palace still reviewing 2025 national budget bill

Palace still reviewing 2025 national budget bill

December 26, 2024
BuildHub PH, BPI partner for up to P30-M credit line for construction firms

BuildHub PH, BPI partner for up to P30-M credit line for construction firms

September 23, 2024
Jeffrey Lamoureaux Title IX: From Law Enforcement to Civil Rights Advocate

Jeffrey Lamoureaux Title IX: From Law Enforcement to Civil Rights Advocate

November 19, 2024
Government targets large firms in crackdown on late payments to small businesses

Government targets large firms in crackdown on late payments to small businesses

September 19, 2024
Using Brand Storytelling in UX Design

Using Brand Storytelling in UX Design

September 17, 2024
How to Ensure Your Email is HIPAA Compliant: Best Practices You Need to Know

How to Ensure Your Email is HIPAA Compliant: Best Practices You Need to Know

December 29, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 InvestDailyPro. All Rights Reserved.

    Disclaimer: InvestDailyPro.com, its managers, its employees, and assigns (collectively InvestDailyPro ) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    No Result
    View All Result
    • About us
    • Contact us
    • Home
    • Privacy Policy
    • Suspicious engagement
    • Terms & Conditions
    • Terms & Conditions
    • Thank you

    Copyright © 2024 investdailypro.com | All Rights Reserved