Metro Pacific eyes investing more in hospitals, expanding biogas projects | ABS-CBN

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Metro Pacific eyes investing more in hospitals, expanding biogas projects

Metro Pacific eyes investing more in hospitals, expanding biogas projects

Jekki Pascual,

ABS-CBN News

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MANILA - Metro Pacific Investment Corp is eyeing to expand its businesses this year including biogas as well as acquiring more hospitals, officials said Friday.

During the Annual Shareholders' Meeting of Metro Pacific Investments Corp, president Augusto Palisoc said they were looking at acquiring more hospitals.

He also said that The Medical City is a possibility if the hospital is for sale.

"What the hospital group is trying to do is to start to operate the hospitals as a nationwide network because our hospitals have historically been managed as independent hospitals in their own respective geographies," said Palisoc.

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"We are interested in investing in more hospitals which could include TMC [The Medical City] if that becomes available," he added.

The Manny Pangilinan-led company is also interested in expanding its biogas projects, MPIC executive director Jose Ma. Lim said.

"We are going to expand on the biogas projects that we started. We already have two operating plants and in the process of constructing two more," Lim said.

Meanwhile, Pangilinan said the company is also looking at investing in underserved sectors that could enhance the welfare of the public, such as logistics, tourism, and agriculture.

"It's very important because the cost of moving goods of people is quite expensive," he said.

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