State Enterprises

Finance·Jul 13, 2026

Philippine National Construction Holds $1 Billion Pasay Site Yet Generates Minimal Returns

State-controlled firm weighs exit from stock exchange as auditors flag underutilized prime real estate and unresolved government claims worth tens of billions of pesos

By Priyanka V. Rao · 3 min ·

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Philippine National Construction Holds $1 Billion Pasay Site Yet Generates Minimal Returns