Aboitiz Equity Ventures, Inc. provided capital expenditure guidance for the year 2017. For the year, the company reported that along with its business units (BUs), it is ramping up investments by 83% this year as it targets to spend PHP 76.7 billion in capital expenditures (capex) versus PHP 42 billion spent last year on the back of sustained optimism over the country's economic growth prospects, particularly in the power and infrastructure sectors.