Ayala Corp. to expand cold storage business

By Brix Lelis

Jan 22, 2024 12:29 am

AYALA Corp. plans to build more cold storage facilities nationwide as an indirect investment in support of the country's agriculture industry.

'We're doing it (investments) indirectly. If you take an industry like agriculture, there are many components to it,' Ayala Chairman Jaime Augusto Zobel de Ayala said last week, adding that logistics was one area of focus for the conglomerate.

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