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Manila developers expanding into industrial estates

Published Tue, Jun 30, 2015 · 09:50 PM

Manila

PHILIPPINE developers are expanding into industrial estates as government moves to make the nation a car manufacturing hub spark interest from Japanese carmakers.

Said Rick Santos, chairman of CBRE Group in Manila: "We haven't seen this kind of interest from Japanese companies since the mid-1990s. The industrial sector gets a boost from robust foreign demand."

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