Cebu City: Gotianun-led Filinvest Land Inc. (FLI) is raising its capital expenditure (capex) for its 50-hectare Cebu township to P35 billion from P25 billion previously in order to enhance the office and residential component of the original master plan.
Josephine Gotianun-Yap, president and chief executive officer of FLI, said in a briefing that the company will increase funding for the 50-hectare City Di Mare (CDM) township project in Cebu to upgrade its residential and office development components.
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