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Primex to spend P3.6B on 50-story tower in San Juan

LISTED property developer Primex Corp. said on Friday it plans to build Primex Tower, a 50-story project in San Juan City worth P3.6 billion.

“About Primex Tower, we have already talked to the city of San Juan. And San Juan City is very pleased [for us]to put up that 50-story building,” Primex President Ernesto Ang told reporters following the company’s annual stockholders’ meeting held in Pasig City.

The tower will rise along EDSA corner Connecticut in San Juan City in Metro Manila and construction is expected to start within the year.