PROPERTY developer Ayala Land Inc. (ALI) has raised its planned spending for its 1,100-hectare integrated mixed use estate Alviera in Porac, Pampanga to P90 billion from the P75 billion announced last year, after it made some adjustments to the project’s masterplan.
“The P75 billion [announced] before was an initial estimate,” John Estacio, general manager of Alviera development, told a press briefing on Tuesday.
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