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28Oct93 PHILIPPINES: FILIPINO POWER - PLANS FOR £670M 390 MW HYDRO-POWER PROJECT IN THE PHILIPPINES.

MBf Asia Capital Corporation, the Hong Kong offshoot of Manila's MBf Group, plans to start construction next year on a US$1 billion (£670 million) 390 MW hydro-power and flood control project at San Miguel, Pangasinan in the Philippines. CONSTRUCTION NEWS

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