Yuchengcos to Invest More in Infra
The Yuchengco Group of Companies is injecting more funds to support the government’s commitment to spend PhP9 trillion for crucial infrastructure projects under the Build Build Build program.
Joji Basa, department head at Malayan Insurance Investment Management, said the Yuchengco-owned company is seen participating in the Philippine Development Plan (PDP) after the Insurance Commission issued a circular allowing investment companies to invest in government infrastructure projects.