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Article: Local investors tap Chinese partner for property development project.(Main Business)
- Article from:
- Manila Bulletin
- Article date:
- September 28, 2009
CopyrightCOPYRIGHT 2009 Manila Bulletin Publishing Corp. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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A group of Filipino-Chinese investors has forged a partnership with Beijing-based residential condominium and office/commercial complex developer Sunshine 100 Group for the construction of high-rise condominium to serve the country’s growing medical tourism and retirement sector.Dr. Alfonso Siy, chairman of Sunshine 100 Pioneer Development Corporation, said the local partners will be represented by Federal Pioneer Development Corporation (FPDC) while the Sunshine 100 Group will be represented by its local unit, Sunshine 100 Holdings Philippines Inc.,“We are both committed to invest in the Philippine property market. This project is merely the beginning of a ...