Tokyo: The hospital subsidiary of the Manuel Pangilinan-led Metro Pacific Investments Corp. (MPIC) will allot P10 billion to P12 billion in capital expenditures (capex) to fund its expansion plans in the next five years, top officials disclosed.
MPIC Chief Financial Officer David Nicol told Philippine reporters in a briefing here that the MPIC Hospital Group’s P10 billion to P12 billion capex will fund the upgrade of eight existing hospitals and the construction of seven new hospitals across the country.
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