FILINVEST Development Corp. is allocating P27.6 billion for capital expenditures (capex) this year, an 11-percent increase from P24.8 billion in 2025, with nearly half to be used for expansion-related projects.
Company executives told a media roundtable late Wednesday that the company was prioritizing critical capex that could “move the needle.”
“We are focusing on critical projects where spending can still deliver real impact, while containing costs and prioritizing energy efficiency,” Filinvest Chief Financial Officer Ven Guce told reporters.
Guce added that 48 percent of the spending would go toward projects including a hotel in Baguio and a wastewater treatment plant in Filinvest City, Alabang.
Another P2.7 billion will be invested in digital transformation initiatives, including artificial intelligence (AI) tools, AI competency training and major system upgrades such as enterprise resource planning, project management and construction management platforms.
“Our focus on critical capex and digital transformation is essential to strengthening our operations and ensuring sustainable growth,” President and CEO Rhoda Huang said.
“We are carefully managing spending to make sure every peso drives a measurable impact for the group.”
By segment, 40 percent of the capex will go to power, 38 percent to real estate and 10 percent to banking.
Regarding funding, the company said it had flexible financing options including bilateral loans or tapping capital markets. It noted that a senior bond was maturing in the third quarter.
Guce emphasized that the spending plan balanced modernization, operational efficiency and business growth, while Huang added that the group remained committed to prudence in capital allocation.
Filinvest shares last traded at P4.24 each on Wednesday.