Capital Expenditures

The Ayala group is increasing its budgeted capital expenditures 44 percent from its year-ago actual spend to 249.4 billion pesos, in support of the parent’s own investment program as well as the expansion initiatives of our real estate, telecom, water, and energy units, and the ramp-up of our industrial technologies, education, infrastructure, and healthcare businesses.

A significant portion of this amount is allotted to Ayala Land, which has budgeted 111 billion pesos primarily for the completion of its residential and mall projects, as well as to support land acquisition.

 

2018 Planned Capex

IN BILLION PESOS

 

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