How BDO is supporting infrastructure projects to fuel PH’s economic growth
BDO Unibank Inc. (BDO) continues to help drive economic progress through strategic investments in the development of critical infrastructure, particularly in mass transportation and energy sectors. Recognizing the pivotal role of robust infrastructure in enticing foreign investors, BDO cultivates key partnerships aimed at bolstering domestic mobility through expressways, roads, and bridges, and enhancing international and domestic connectivity through airport rehabilitation and expansion.
BDO Capital & Investment Corporation (BDO Capital) facilitated a landmark deal in relation to the P25 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 SMC Mass Rail Transit 7, Inc.’s (MRT-7) mass rail transit 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 198 high-impact infrastructure projects under the administration’s “Build Better More” program, MRT-7 will provide livelihood, help accelerate the economy, and contribute to the nation’s progress.
BDO’s investments also extend to the energy sector. The bank provided the required financing to ACEN Corporation for more renewable energy sources. By investing in renewable energy projects, the bank aims to bolster energy security, while reducing its carbon emissions. This strategic move aligns with global sustainability goals, making the nation more appealing to environmentally-conscious investors seeking responsible investment opportunities.
Eduardo Francisco, president of BDO Capital, underscored how there is a growing interest among sustainability-conscious investors to fund projects that promote clean, renewable energy and green infrastructures. Companies can take advantage of opportunities in the loan market by pursuing projects that create positive environmental and social impact, apart from economic benefits.
“BDO is ready to partner with you as you grow your business as it creates a positive impact to our economy. The assistance we provide is not just through funding, but includes the expertise that we have developed through the years by working with successful local and multinational companies,” said Francisco. – Rappler.com
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