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CLI sets P8-billion capex for second half - BusinessWorld Online

CLI sets P8-billion capex for second half - 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.

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Cebu Landmasters eyes further expansion through 25 projects

BusinessWorld May 28, 2021 | 12:05 am CEBULANDMASTERS.COM CEBU Landmasters, Inc.’s (CLI) 25 projects for the year are expected to expand the company’s footprint to other key cities in the Visayas-Mindanao (Vis-Min) region, the company said on Thursday. “Our 2021 projects will expand our Vis-Min footprint to cities like Ormoc, Bohol, Bacolod, Dumaguete, Iloilo and other key cities in the region while further strengthening our market share in Cebu and Cagayan de Oro where we have established a strong presence,” Jose R. Soberano III, chairman, president, and chief executive officer of CLI, said in a statement. Around 15 of these projects, valued at P19 billion altogether, are under the company’s economic and mid-market residential segments.

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