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THE growth of the country’s tourism industry is pushing a listed firm to boost its hotel and resorts business within the medium term.
STA. LUCIA Land, Inc. (SLI) will be developing a 97-hectare property in Davao City into a masterplanned community.
STA. LUCIA Land, Inc. (SLI) has allotted P20 billion in capital expenditures (capex) over the next three years, in a bid to expand its residential and commercial properties in the country.
Sta Lucia Land, Inc. (SLI) said its board has approved the purchase of LBS Properties Inc.’s stake in Uni-Asia Properties, Inc., thereby gaining access to the latter’s development projects.