Intentar ORO - Gratis

The comet named FLC-43

The Philippine Star

|

January 15, 2025

Meet Engineer Francis Lloyd Chua, chairman and chief executive officer of Premium Megastructures Inc. (PMI), which specializes in land developments, reclamations, construction of roads, ports, airports and bridges all over the Philippines.

- MARIANNE GO

The comet named FLC-43

His preferred mode of visiting and checking on his projects is by helicopter to reduce travel time.

At 43, he is already thinking of retiring even as he recently lit up the Philippine business scene like a streaking comet with his left-field P510 million acquisition of two-thirds of investment holding company Asiabest Group International Inc. or ABG, formerly the AGP Industrial Corp. from Tiger Resort Asia Ltd. He plans to integrate all of his various business interests in infrastructure, shipping, logistics, real estate development, mining, manufacturing and, further into the future--robotics and technology, into another business entity, PremiumLands Corp., and do a backdoor listing.

In the process of consolidating all of his various business interests, Chua has chosen to open up to a select group of journalists to better allow the public and potential future partners and investors a glimpse of where he came from, what he has achieved in his short 43 years of existence and his future ambitious plans.

Among his bold plans in the next five years are participation in the Asian Development Bank's ambitious five-year construction of the 32-kilometer Bataan-Cavite Interlink Bridge, mainly as an aggregates supplier and logistics provider. The ADB-funded bridge project will connect the province of Cavite to Bataan.

With the interlink bridge connection, Chua plans to develop the Bataan Freeport through his own 235-hectare Bataan Transshipment Hub project at an initial cost of $1.8 billion, all of which will finally create a strong economic corridor and trade hub comprised of the National Capital Region, Region 3 and Region 4A, commonly known as the Calabarzon.

MÁS HISTORIAS DE The Philippine Star

The Philippine Star

The Philippine Star

Phl to lead Asia's Gen Alpha boom by 2030

The Philippines is expected to have the biggest proportion of Gen Alphas among major Asian economies by 2030, a demographic that will define future consumer trends, according to research and analysis firm BMI.

time to read

1 mins

November 02, 2025

The Philippine Star

Illiteracy report alarms senator

Sen. Sherwin Gatchalian has expressed alarm over a report of the Second Congressional Commission on Education (EDCOM 2) showing the doubling of functionally illiterate Filipinos to 24.8 million in the past 30 years.

time to read

1 min

November 02, 2025

The Philippine Star

Gov't resumes poultry imports from Argentina, Romania, Turkey

The Department of Agriculture (DA) has lifted the temporary ban on the import of wild and domestic birds from Argentina, Romania and Turkey, marking the latest in a series of trade policy adjustments in response to evolving animal health risks.

time to read

1 mins

November 02, 2025

The Philippine Star

Right to information

Last Sept 30, the President, together with members of the Cabinet and leaders of Congress, officially identified the Right to Information (RTI) Act as a priority legislative measure under the Common Legislative Agenda of the Legislative-Executive Development Advisory Council (LEDAC) for the 20th Congress.

time to read

4 mins

November 02, 2025

The Philippine Star

‘No braver coast guard than PCG’

For an American maritime security expert, there is no braver coast guard in the world than the Philippine Coast Guard (PCG).

time to read

2 mins

November 02, 2025

The Philippine Star

The Philippine Star

Undas peaceful as 3.8 M visit cemeteries nationwide

The observance of Undas or All Saints' Day and All Souls' Day was peaceful and orderly yesterday, according to the Philippine National Police (PNP), as millions of Filipinos flocked to cemeteries, memorial parks and other public areas to honor their dead.

time to read

2 mins

November 02, 2025

The Philippine Star

'Growth hinges on efficient public fund use'

An expansionary fiscal policy can boost economic growth, but a think tank warned that its impact depends on how efficiently and effectively the government deploys the public funds.

time to read

1 mins

November 02, 2025

The Philippine Star

Phl closer to acquiring submarine for maritime security

BUSAN The Philippines' aspira-tion to acquire a submarine to boost its maritime security moved forward as President Marcos yesterday met with a giant shipbuilder offering support to the Philippine Navy’s submarine program.

time to read

1 mins

November 02, 2025

The Philippine Star

Tino approaches, threatens Visayas

A tropical depression is threatening to hit the Visayas and parts of Mindanao this week, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said yesterday.

time to read

1 min

November 02, 2025

The Philippine Star

The Philippine Star

AMID FLOOD CONTROL SCANDAL: DBM tightens scrutiny of fund disbursements

The Department of Budget and Management (DBM) is now \"extra cautious\" in releasing public funds amid recent developments regarding alleged corruption in flood control projects within the Department of Public Works and Highways (DPWH).

time to read

1 mins

November 02, 2025

Listen

Translate

Share

-
+

Change font size