Capital Expenditures

The Ayala group is increasing its capital expenditures this year by 13 percent to 185 billion primarily to support the growth strategies of its real estate, telecommunications, and water units and ramp up its emerging businesses in power, industrial technologies, healthcare, and education.

A large portion of this amount was from Ayala Land, which has set aside 88 billion mainly to bankroll the completion of its residential, office for sale and leasing projects.

 

Ayala Group Capex

IN BILLION PESOS

 

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