GT Capital Holdings Open To Partnership With The Government
The investment arm of Metrobank Group of Taipan George S.K. Ty, GT Capital Holdings Inc. is open to forge partnerships with entities competing for projects under the Public-Private Partnership (PPP) program of government.
“If we can get a strategic partner, why not,” said GT Capital president Camelo Bautista when asked whether the group was looking at bidding for PPP projects.
However, Bautista said that there is nothing on their table right now and they remain focused on further increasing their core businesses which includes financial services, real estate, automotive distribution, insurance and power.
GT Capital Holdings was earlier eyeing the Bohol Airport in line with its plan of action is to seize long-term profitable business opportunities in important sectors of the economy.
They have various investments in established companies that are superior in their respective markets. This includes Metrobank, Federal Land, Toyota Motor Philippines, Global Business Power Corp. and Philippines AXA Life Insurance.
Source: http://www.philstar.com/business/2013/02/28/913897/gt-capital-open-partnerships-ppp
