Ayala Land, together with Leonio Land will develop ALVIERA, a 1,800-hectare integrated mixed-use development envisioned to be the growth center of Central Luzon, which will have a commercial district, business and industrial park, university zones, retail centers, a country club, recreational areas, and residential neighborhoods.
The strategic location of Alviera provides ease of transportation as well, being situated near Clark Airport, Subic Freeport and provincial hubs like Angeles City and San Fernando City. It’s a northern gateway, accessible to both local and international opportunities. With infrastructures such as the NLEX, SCTEX, and TPLEX, the area creates efficient links to Metro Manila, Bulacan and key cities up north with La Union and Baguio just a two-and-a-half hour drive away.
Two educational institutions shall also rise in Alviera—Holy Angel University, Pampanga’s largest university and a satellite campus of Miriam College, which will offer selected courses in the creative fields.
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Lalamove Philippines expanding services to Pampanga
Lalamove Philippines on Wednesday announced plans to expand its delivery services to Pampanga, citing a growing need for logistics services in areas outside of Metro Manila.
On the sidelines of the AVCJ Private Equity & Venture Forum, Lalamove Philippines managing director Dannah Majarocon said the company is looking to expand to several areas.
“We are looking at moving into another city by the first half of next year. It’s a toss-up, but we are leaning more towards Pampanga because it makes a lot of sense,” she said in an interview with GMA News Online.
“Our business clients in Manila want to have items delivered all the way to Pampanga and from Pampanga to Manila, plus you have another port that is in that area,” she said.
Lalamove offers delivery services in over 100 cities across Mainland China, Southeast Asia, and India. In the Philippines alone, the company has over 45,000 partner drivers catering to clients in Manila and Cebu.
“Eventually, we will move into other cities further south. We’re still deciding if we’re gonna go Davao or Iloilo, but the most logical next phase for us will be where the central business districts are,” said Majarocon.
The company is banking on the growing need for logistics services, as it has continued to register positive growth in terms of delivery orders.
“It’s hard to fully determine or to fully attribute if it’s because of traffic because the growth of Lalamove has continuously compounded every single week, every single month, ever since we started here,” she said.
“Growth has been ‘exponentially fantastic’ for lack of a better term, and I would attribute that more because we are addressing a need in the market,” Majarocon added. —GMA News
Megaworld to build P1.8-B mall in Pampanga
MEGAWORLD Corp. is spending P1.8 billion to construct a new mall inside its Pampanga township Capital Town.
In a statement Monday, the listed property developer said Capital Mall will offer 33,000 square meters (sq.m.) of gross floor area across three storeys. The mall will make use of materials recovered from the sugar mill owned by Pampanga Sugar Development Corp. (PASUDECO), which used to stand on the site of the township.
“As a tribute to the legacy of Pampanga’s oldest sugar mill, we will build the Capital Mall with its rich cultural heritage in mind. Other recovered portions of the sugar mill such as the giant bull gears, sprockets, and mechanical parts will become part of the mall’s interiors,” Megaworld Chief Strategy Officer Kevin Andrew L. Tan said in a statement.
The mall will have four cinemas, a food hall, and a shophouse strip. It will likewise feature a landscaped garden that will have restaurants and cafés surrounded by water ponds and century-old trees.
“Even the food hall will sport an industrial architecture highlighted by more mementos of the sugar central. The cinemas will also feature the 1960s charm and ambiance,” Mr. Tan said.
Megaworld will start construction by the first half of 2020, with target completion in 2022. Via www.bworldonline.com.
PH now Australian business’ top expansion destination
Australian businesses in Southeast Asia have picked the Philippines as the most preferred destination for their expansion, a recent survey showed.
The Philippines has become the most popular market for Australian companies looking to expand, after being picked by 24 percent of survey respondents in the latest edition of Australian Business in Asean.
This marked the first time the country became the top pick of Australian businesses since the annual survey began in 2016.
The survey said 80 percent of businesses in the region plan to expand their operations by 2023, citing the growing middle class in Southeast Asia as among the factors that fueled their bullishness.
“The Philippines is now the most prominent destination for future investments, overtaking Vietnam in 2017 and Myanmar in 2016,” the 2019 survey read.
“Philippine trade with Australia has increased significantly over recent years while there has also been growing Australian investor interest in the Philippines,” the survey said.
Traffic congestion in the country, however, was identified as a “high-impact constraint on business” by the majority of respondents, followed by government bureaucracy and the tax system.
More than one-third, or 36 percent, of Australian companies here in the Philippines have been operating here for more than two decades.
The survey said companies continued to be attracted to the market, citing that 14 percent of the respondents had been operating in the country for less than two years. —ROY STEPHEN C. CANIVEL