Travel & LeisurePhilippine developer Megaworld to invest $6.3bn in 5-year push
Group looks beyond Metro Manila to build tourism and outsourcing facilities
Megaworld has developed malls and commercial facilities in Manila. (Photo by Yuichi Shiga)
YUICHI SHIGA, Nikkei staff writer
MANILA -- Leading Philippine developer Megaworld plans to invest 350 billion pesos ($6.28 billion) on urban development and other projects over five years through 2027, accelerating the construction of hotels, offices and commercial facilities outside Metro Manila.