This buzzing pipeline of infrastructure initiatives has made San Miguel one of the most indebted enterprise within the Philippines nowadays, which has a staggering debt load of 1.
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San Miguel, the foodstuff and beverage conglomerate, is spending billions to remake alone into an infrastructure giant.
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The overarching objective guiding this huge outlay—in a rustic exactly where infrastructure gaps continue being an enormous obstacle, as per the Asian Progress Bank—is to spice up economic progress during the Philippines, he states, by rendering it a more beautiful destination for overseas buyers and vacationers.