Ilocos Norte is shaping up to be one of the hottest investment destinations under the Marcos administration, with bilyonaryos like Fernando Zobel de Ayala making frequent visits to the province to discuss business opportunities.
Zobel de Ayala recently led Ayala Group executives in a courtesy call to Ilocos Norte Governor Matthew Manotoc, the nephew of President Ferdinand Marcos Jr.
Joining Zobel de Ayala in the visit were Mel Ignacio, Head of Makati Estates and Ayala Land Estates, and Ms. Merlin Yu, Development Manager of Ayala Land Estates.
In a Facebook post, Manotoc said the Ayala Group executives discussed with him “potential future business partnerships and investment opportunities within the province.”
Zobel de Ayala also visited Ilocos Norte in May with his brother, Jaime Augusto, for the opening of AC Energy’s P11-billion wind farm in Pagudpud. Is a new project coming soon?