Local developer Cebu Landmasters Inc. (CLI) on Thursday said it will raise its capital expenditure (capex) this year to P13.5 billion from P10.5 billion in 2022. Know more:
Local developer Cebu Landmasters Inc. on Thursday said it will raise its capital expenditure this year to P13.5 billion from P10.5 billion in 2022.
In his presentation, Soberano said CLI will launch 19 pipeline projects worth P29.75 billion to drive reservation sales for this year. Soberano said CLI expects P10 billion worth of collections of potential takeouts from newly completed projects during the year.
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