Prime Asset Ventures Inc. (PAVI), the infrastructure business of richest Filipino Manuel B. Villar Jr. has signed implementing agreements for the P3.8 billion acquisition of the four-kilometer Muntinlupa Cavite Expressway (MCX) from Ayala Corporation.
Prime Asset Ventures Inc. , the infrastructure business of richest Filipino Manuel B. Villar Jr. has signed implementing agreements for the P3.8 billion acquisition of the four-kilometer Muntinlupa Cavite Expressway from Ayala Corporation.- Villar-led Prime Asset Ventures, Inc. has signed implementing agreements for its acquisition of the four-kilometer Muntinlupa Cavite Expressway from Ayala Corporation.
Consing noted that, “Ayala developed MCX over a decade ago to connect Metro Manila to Imus, Dasmarinas and Bacoor in Cavite, which were experiencing rapid growth." The Villar Group continues to expand its investment portfolio from its core businesses on housing, retail, food, water, power, and utilities, to integrated resorts and entertainment.
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