BDO Unibank Inc. (BDO) supports investments in infrastructure and transportation projects such as airports and road networks which are requisites to accelerate economic trade and activities.
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 a 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 San Miguel Corporation’s (SMC) Metro Rail Transit 7 (MRT-7) 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 194 high-impact infrastructure projects under the administration’s “Build Better More” program, MRT-7 will provide livelihood, help fuel the economy and contribute to the nation’s progress.
At the British Chamber of Commerce of the Philippines’ Economic Forum, Eduardo V. Francisco, President of BDO Capital said that BDO continues to play a significant role in supporting various Public Private Partnership (PPP) deals to raise the Philippines’ competitiveness as an investment and tourist destination. “Improved accessibility would allow further growth in the tourism industry while the logistics chain will benefit from a better transportation system,” he added.
BDO recognizes the crucial role of financial institutions in sustaining economic growth in the country. The Bank’s financing of vital projects is aimed to support businesses, boost the economy, and providing opportunities to Filipinos.
BDO is the country’s largest bank in terms of total assets, loans, deposits, and trust funds under management. The Bank also has the country’s largest distribution network, with over 1,600 consolidated operating branches and more than 4,700 ATMs nationwide, with 16 international offices in Asia, Europe, North America and the Middle East. Extensive digital banking solutions are available to make banking easier, faster, and more secure for its clients. (UnliNews Online)
