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Business Memorandum 002
A diversified portfolio of sovereign, PPP and commercial infrastructure opportunities — classified by asset type, with estimated valuations, an approval process, and a $100 million working fund.
Section 1 · Purpose & strategic intent
The primary purpose of this memorandum is to define a standardised, formal operational plan for establishing robust commercial activities in the Republic of the Philippines under LNBG. This includes finalising structured intercompany financing models, setting capital deployment thresholds for verified state-backed real estate joint ventures, hospitality, logistics and mission-critical infrastructure. All initiatives outlined herein are structured to isolate systemic liabilities and optimise commercial execution, subject to definitive legal, regulatory compliance, and financial viability approvals by the Executive Ownership of LNBG.
LNBG has been presented with a highly diversified portfolio of high-value sovereign, public-private partnership (PPP), and commercial infrastructure opportunities within the Philippine jurisdiction. To protect initial capital commitments and ensure sustainable financial yields, each opportunity has been classified by asset type and assigned an estimated valuation.
Central project matrix
Sixteen classified opportunities with estimated valuations. Filter by asset type to review the pipeline.
Showing 16 / 16
Portfolio USD
$4,863,749,717
Working fund
$100,000,000
Ventures
16
Manila
Provision of residential land and housing units for 1,600 Metro Manila Development Authority (MMDA) employees, financed entirely via Home Development Mutual Fund (HDMF / Pag-IBIG) sovereign lending rates.
Estimated value
$53,908,686
PHP 3,267,567,285
Manila
Large-scale sovereign housing development encompassing over 30 hectares of dedicated land. Scope involves building 21,000 premium units for 7,000+ HDMF-eligible members of the Armed Forces of the Philippines and affiliated defence services.
Estimated value
$640,000,000
PHP 38,850,000,000
Bonifacio Global City
Strategic commercial development of a prime 5-hectare land plot owned by the Department of Energy (DoE) in Bonifacio Global City (BGC). Project pipeline includes A-grade corporate offices, an international lifestyle mall, premium residential blocks, and a flagship 5-star hotel.
Estimated value
$1,500,000,000
PHP 90,920,998,500
Manila Central, Manila North, LIMA / Calabarzon
Establishment of an international Grade A third-party logistics (3PL) infrastructure network across three strategic regional hubs. Fully integrated with climate control, automated cold chains, and high-density storage frameworks.
Estimated value
$127,000,000
PHP 7,700,000,000
Clark
Aviation logistics development at Clark International Airport, featuring an operational command centre, heavy-maintenance hangar, and secure bonded warehousing to support dedicated private airline activities.
Estimated value
$35,000,000
PHP 2,122,960,070
Clark Freezone
Immediate premium corporate fit-out and lease operations of an interim administrative centre inside the Clark Freezone to house regional executives and deployment teams.
Estimated value
$1,264,095
PHP 76,675,000
Clark
Construction and long-term positioning of the permanent LNBG regional headquarters within a premium, high-density mixed-use commercial asset.
Estimated value
$30,000,000
PHP 1,819,680,060
Cebu
Strategic acquisition of a partially completed hospitality asset in Cebu. Repurposed to serve as a local LNBG corporate office, a regional hub for housing project staff, and a specialised training facility for upcoming Manila hotel operations.
Estimated value
$30,000,000
PHP 1,819,680,060
Taguig City
Urban high-density residential development in Taguig City comprising 2,000 structured housing units tailored to meet HDMF qualification and purchasing benchmarks.
Estimated value
$61,031,927
PHP 3,700,000,000
Nationwide
Advanced, nationwide technology-driven tax administration and data analytics project engineered to assist the Bureau of Internal Revenue (BIR) in maximising sovereign revenue and auditing compliance.
Estimated value
$158,373,363
PHP 9,600,000,000
Philippines
Establishment of a secure, Tier-IV compliant Central Government Data Centre and corresponding geo-redundant Disaster Recovery Data Centre to secure state computing architectures.
Estimated value
$1,300,000,000
PHP 78,801,130,200,000
Pampanga & Bulacan / Manila Bay
Strategic acquisition of a marine sand company with dredging rights and other mining rights. 25-year royalty period.
Potential revenue PHP 80,000,000,000 over the royalty period.
Estimated value
$33,000,000
PHP 2,023,296,000
Philippines
Creation of a new construction company to undertake projects on behalf of LNBG. This will be the in-house delivery vehicle for the company.
Estimated value
$49,000,000
PHP 3,000,000,000
Siargao
Creation of a hotel in Siargao: 240-bed beach resort.
Estimated value
$39,500,000
PHP 2,421,824,000
Cebu
HDMF housing project: 16,000 units.
Estimated value
$485,671,646
PHP 29,777,500,000
Cebu / Davao
Waste-to-energy plant serving Cebu and Davao.
Estimated value
$320,000,000
PHP 19,619,840,000
Memorandum totals
$4,863,749,717
PHP 79,017,850,220,976
Section 3 · Process
The following points need to be considered in respect of process for commencing business activities in the Philippines.
There needs to be an approval process to evaluate the above opportunities that gets approved by the ownership of LNBG.
The approval process will be delegated to Management Board Members that will evaluate project risk, legality, financial and technical evaluation. This will be carried out by approved consultants such as lawyers and accountancy practices, and any such consultant as required. These appointments will be managed by LNBG Board Member Ret Ken Acker.
The Evaluations Board will meet once a month to evaluate the status of the presented opportunities. A Project Lead will be appointed to manage the projects for LNBG; this person will be approved by ownership and come from within our group of companies.
A budget will be agreed to undertake evaluation studies that will be approved and funded by LNBG.
A centralised PMO will be created to monitor the status of these reports and studies. The PMO will be established within the next 6 weeks; reporting and approval process will be agreed.
A list of accountants and lawyers will be made, and Ken Acker and other Legal Counsel of LNBG will interview and carry out an RFP process.
All funds provided by the company must be routed through a KYC process, as government PPP will require this and all loan/funding agreements will require full due diligence.
Conclusion of Shareholder Agreements along with management appointments.
Section 4 · Cost
$100,000,000
Working fund for legal, accountancy, consultants and development management.
With the large number of potential projects and with different types, it is critical that LNBG has a working fund to cover the costs of legal, accountancy, consultants and development management. On this basis a working fund should be provided circa $100,000,000. With planned monetisation of companies such as 3PL, hospitality and the EPC company, legal search and clean establishment documents, Shareholders Agreements and loaning agreements need to be drafted and in place prior to full funding. In the interim, contracts can be made to LNBG, with legal transfer once legal matters are formalised.
Section 5 · Recommendation
LNBG Management Board request permission to commence RFP for consultancy services and establishment of Management Board Members to enable evaluation of the potential projects, set up company management systems, and to have funds in the Philippines to commence business activities.
Partnership opportunity
From sovereign housing to mission-critical infrastructure — we're building the future across the Philippines.
