07/02/2023
$11 BILLION SANGLEY AIRPORT PROJECT SIGNED IN PARTNERSHIP WITH SAMSUNG🇵ðŸ‡ðŸ‡°ðŸ‡·
The Cavite Local Government has officially signed today the joint venture deal of Sangley Point airport consortium for the construction of the Sangley International Airport Project.
The agreement was signed on Feb. 6, the said in a disclosure to the stock exchange.
"In compliance with the disclosure requirements of the Commission, our Company hereby informs the SEC that the House of Investments, Inc. together with the consortium members for the Sangley Point International Airport project signed the Joint Venture and Development Agreement with the Provincial Government of Cavite on February 6, 2023," the company said.
Other members of the consortium include Cavitex Holdings Inc, Samsung C&T Corp with MacroAsia Corp, Munich Airport International GmbH and Ove Arup & Partners Hong Kong Ltd.