Megaworld invests P10B in new Cavite township

Megaworld

TYCOON Andrew Tan-led Megaworld Corp. has unveiled a new township project in General Trias, Cavite and committed to invest P10 billion to turn this 140-hectare project called “Maple Grove” into a world-class development.

The township – the group’s 21st in the country – will have a mix of residential, retail, office and institutional components and is envisioned to be a place where “relaxation and nature perfectly blend with the urban lifestyle.”

Maple Grove – which is projected to be developed at a cost of around P10 billion in the next 10 years – is located 45 minutes away from Makati and other Metro Manila central business districts via Coastal Road and Cavitex. It is seen as an entry point to the booming industrial and residential center of the Cavite-Batangas corridor.

“In the last 27 years, we have built townships that cater to the evolving lifestyles of Filipinos. As we continue to expand our township footprint in key growth areas across the country, innovation and design will be a significant factor in our masterplans,” said Megaworld senior vice president Jericho Go.

“An integral part of the township’s masterplan will be on sustainability and environmental responsibility. We hope to see our future stakeholders in Maple Grove live, work and play in a smart and green community,” explains Go.

This is Megaworld’s fourth integrated urban township development in the booming Cavite-Batangas growth area. The company has over 2,000 hectares of land in this corridor alone.

Source: http://business.inquirer.net/210376/megaworld-investing-p10b-in-new-cavite-township

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