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MPIC plans PHP116 billion in spending for 2025, a 15% increase, to fuel growth in key sectors.
Metro Pacific Investments Corp. (MPIC) is boosting its capital spending to PHP116 billion in 2025, a 15% increase from 2024, to support growth in its power, toll roads, and water sectors.
The company reported a 41% jump in profit in 2024, with core income hitting a record PHP23.6 billion, a 21% rise from 2023.
MPIC aims for low-double-digit growth in 2025, focusing on expanding facilities and improving services.
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MPIC planea un gasto de PHP116 mil millones para 2025, un aumento del 15%, para impulsar el crecimiento en sectores clave.