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Joint venture deal inked for Sangley airport project

Sangley Point International Airport (SPIA) consortium members have officially signed a joint venture deal with the provincial government of Cavite, local proponent House of Investments said in a disclosure on Monday.

'In compliance with the disclosure requirements of the commission, our company hereby informs the SEC (Securities and Exchange Commission) that the House of Investments Inc., together with the consortium members for the Sangley Point International Airport project, signed the Joint Venture and Development Agreement with the Provincial Government of Cavite on Feb. 6, 2023,' the company said.