Singapore-backed private equity firm ABC Impact is doubling down on its investment in Ayala Group’s AC Health, with the healthcare expansion expected to create around 10,000 direct jobs across the Philippines by 2027 while accelerating the rollout of hospitals, clinics, and pharmacies nationwide.
The commitment was reaffirmed during a meeting between President Ferdinand R. Marcos Jr., Department of Trade and Industry (DTI) officials, and executives of ABC Impact, Temasek Trust, and the Ayala Group on the sidelines of the President’s official visit to Singapore from July 16 to 17.
Trade Secretary Cristina A. Roque said the investment reinforces the Philippines’ appeal as a destination for long-term, high-impact investments.
“This investment is a vote of confidence in the Philippines and in Filipino healthcare workers. ABC Impact’s partnership sends a clear signal to other investors about where this country is headed. By supporting the expansion of hospitals, clinics, and pharmacies across the country, this investment will bring healthcare services closer to Filipino communities while creating quality jobs for healthcare professionals and retail workers,” Roque said.
ABC Impact, a Singapore-based private equity firm backed by Temasek Trust, acquired an approximately 16 percent minority stake in AC Health in August 2025. The fresh capital is funding the company’s next growth phase, including new hospitals, additional hospital beds, acquisitions, and the expansion of its clinic and pharmacy network.
By 2027, AC Health aims to operate at least 10 hospitals, 300 multi-specialty clinics, and 1,150 pharmacies nationwide, creating employment opportunities for doctors, nurses, pharmacists, allied health professionals, and retail workers while expanding access to healthcare services.
Beyond the job numbers, the investment reflects growing investor interest in sectors tied to rising domestic demand. As incomes improve and healthcare spending increases, investors are increasingly viewing the Philippine healthcare industry as a long-term growth market rather than simply a social service.
The meeting also reaffirmed ABC Impact’s confidence in the country’s healthcare sector and strengthened the long-standing partnership between the Ayala Group and the Temasek Trust ecosystem, underscoring Singapore’s continuing role as one of the Philippines’ largest sources of strategic investments.
