Ayala Land unveils ‘2020 Vision’ Quote: MANILA, Philippines – Ayala Land Inc. unveiled its new business plan in an aim to boost its net income to as high as P40 billion ($891 million*) by 2020. Dubbed the “2020 Vision,” the new business plan will enable Ayala Land to register 20% average annual growth rate in net income from P11.7 billion ($260.74 million) in 2013 to P40 billion ($891 million) by 2020, Ayala Land president Bernard Vincent O. Dy detailed in a presentation. Quote: Developments in ‘growth centers’ The property giant said it will continue to focus its resources on 6 growth centers that it is currently developing: the Vertis North in Quezon City; Circuit City in Makati; Bonifacio Global City and Arca South in Taguig; and South Park District in Bicutan. Ayala Land will also continue to develop existing projects in key growth centers like Palawan, Iloilo, Cagayan de Oro, and Cebu. It is also looking at new areas, particularly General Santos and Koronadal.
Posted on: Wed, 21 Jan 2015 00:23:27 +0000
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