Emaar may invest in Philippines’ mining sector through JVs
December 10th, 2008
Filed under: General News
Emaar Properties is looking at investing in the Philippines mining sector using controlling stakes in joint venture companies, a newspaper reported yesterday.
“There is a resurgence of development in the region, as China, India and even Japan require continued supply of minerals,” the Philippine Daily Inquirer quoted Environment and Natural Resources Secretary Lito Atienza as saying. “We need to take advantage of this as we are in the centre of the region, near the markets for such minerals.”
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