Filinvest Development Coproration (FDC)

Filinvest Development Corporation engages in real estate development in the Philippines. It operates through Real Estate Operations, Hospitality Operations, Banking and Financial Services, Power and Utility Operations, Sugar Operations, and Other Operations segments. The company acquires land; plans and develops fully integrated residential communities; develops and sells residential lots, housing units, medium-rise residential buildings, farm estates, industrial parks, residential resort projects, a private membership club, and condominium buildings; operates and manages cinema and mall; manages properties; and leases commercial and office spaces. It also operates hotels, including management of resorts, villas, golf course, service apartments, and other services. In addition, the company provides financial products and services, such as deposit-taking, loan and trade finance, treasury, trust services, credit cards, cash management, custodial services, insurance services, and leasing and finance. Further, it is involved in operation of power plants; supply and retail of power; maintenance, operation, and management of waterworks system for distribution and supply of potable water to domestic, commercial, and industrial users; operation of agricultural lands for planting and cultivating farm products; operation of sugar central for milling or converting sugar canes to centrifugal or refined sugar; and sale of sugar and by-products. Additionally, the company issues foreign currency-denominated bonds; provides computer and information technology services; engages in the business of a holding company and invests in technology-based business entities; and provides technical and business process services. Filinvest Development Corporation was founded in 1955 and is based in Taguig City, the Philippines. Filinvest Development Corporation operates as a subsidiary of A.L. Gotianun, Inc.