15 September 2023
15 September 2023
The project will involve the construction of 371 residential apartments in order to accommodate 400 students.
The campus is set to support 100MW or more of critical IT load to the region.
The centralised system will mitigate the effects of global warming via low consumption of energy and electricity.
The plant is set to add over 2,000 job opportunities to the workforce of Heineken Mexico.
The facility could see the value of exported nickel surge by 19 times when processed into EV battery materials.
The shopping centre on which the redevelopment is taking place became vacant in 2018 after its last tenant left.
The park is predicted to comprise of six buildings post-completion.
Offices on the second floor of the property will offer varying views of the nearby sea.
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Per GlobalData analysis, the South-East Asia construction industry in 2023 is dominated by Indonesia, though the country will see a slowdown compared to 2022 due to elevated building material prices, weak commercial property demand, high interest rates and a softening of external demand. The construction industry in the Philippines is estimated to register a AAGR of 7.2% between 2024 and 2027, supported by the government’s focus on the development of the country’s rail and road transport and energy infrastructure.
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