Colliers sees gap in market for Region III industrial space - BusinessWorld Online

In a statement on Tuesday, Colliers, a property consultancy, said that Central Luzon has the potential to attract job-generating manufacturing investment.Colliers Associate Director of Research Joey Roi Bondoc called Central Luzon a viable consumer base for manufactured goods, noting its high growth levels.

“Colliers believes that property firms should continue developing industrial parks and modernizing warehouses in Central Luzon to capture the region’s economic expansion and continued industrial space take up from manufacturing locators,” Mr. Bondoc said.“From 2022 to 2024, we see the completion of about 307 hectares of new industrial space particularly in Pampanga, Tarlac, and Zambales,” it said.

Colliers added that the infrastructure in Central Luzon will help attract more manufacturing and logistics investment.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

T-bill bids rejected as market asks for higher rates - BusinessWorld OnlineTHE BUREAU of the Treasury (BTr) rejected all bids for its offer of Treasury bills (T-bills) as investors asked for higher yields as the US Federal Reserve chief said US rates could remain elevated for longer. READ
Source: bworldph - 🏆 9. / 68 Read more »

RLC listing signals debt market’s recovery — PDEx - BusinessWorld OnlinePHILIPPINE Dealing & Exchange Corp. (PDEx) said that the return of Robinsons Land Corp. (RLC) to the securities market signals recovering confidence in debt issuances. READ
Source: bworldph - 🏆 9. / 68 Read more »