Ayala Land, Royal Asia to develop big Cavite lot
by Jenniffer B. Austria

Property developer Ayala Land Inc. is forming a joint venture with Royal Asia Land Inc. for a 936-hectare mixed-use estate development in Silang and Carmona, Cavite.

The Philippine Competition Commission recently approved the planned joint venture.

Ayala Land and Royal Asia will set up a joint venture to acquire, own and develop a 936-hectare mixed-use project with commercial and residential components in Cavite.

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