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Freeman Cebu Business

Sy-led BDO develops key deals for infrastructure investments

Ehda M. Dagooc - The Freeman

CEBU, Philippines — Sy-led BDO Unibank, Inc. (BDO) has reiterated its commitment to supporting the Philippines' economic growth trajectory through strategic investments in the development of critical infrastructure, particularly in the mass transportation and energy sectors.

According to Eduardo V. Francisco, President of BDO Capital, the bank recognized the important role of robust infrastructure in attracting foreign investors. Thus, BDO cultivates key partnerships to bolster domestic mobility through expressways, roads, and bridges and enhance international and domestic connectivity through airport rehabilitation and expansion.

BDO Capital & Investment Corporation (BDO Capital) facilitated a landmark deal in relation to the P25 billion investment of Aboitiz Infracapital, Inc. (AIC) in GMR-Megawide Cebu Airport Corporation (GMCAC), the developer and operator of the award-winning Mactan Cebu International Airport. This transaction is a notable milestone in the transport and mobility sector, which signifies a strong vote of confidence in the Philippine air transport industry and aims to accelerate national economic growth.  BDO Capital acted as Sell-Side Financial Advisor to Megawide Construction Corporation and GMR Airport International BV.

Likewise, BDO Capital acted as a joint mandated lead arranger and bookrunner in San Miguel Corporation’s (SMC) Metro Rail Transit 7 (MRT-7) project, which runs from Quezon City to San Jose del Monte, Bulacan. The train will have 14 stations along a 22-kilometer elevated railway line. As one of the 198 high-impact infrastructure projects under the administration’s “Build Better More” program, MRT-7 will provide livelihood, help accelerate the economy, and contribute to the nation’s progress.

In energy sector, the bank provided the required financing to ACEN Corporation for more renewable energy sources.

By investing in renewable energy projects, the Bank aims to bolster energy security while reducing its carbon emissions. This strategic move aligns with global sustainability goals, making the nation more appealing to environmentally conscious investors seeking responsible investment opportunities.

Francisco underscored how sustainability-conscious investors are growing interested in funding projects promoting clean, renewable energy and green infrastructures.

“Companies can take advantage of opportunities in the loan market by pursuing projects that create positive environmental and social impact, apart from economic benefits,” he said.

Francisco added that BDO is ready to partner with businesses in their expansion plans “as it positively impacts our economy.”

“The assistance we provide is not just through funding but includes the expertise we have developed through the years by working with successful local and multinational companies," said Francisco.

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