Manila, May 3 -- The India-based Adani Ports and Special Economic Zone Limited (APSEZ Ltd.) is looking at Bataan for its port development plan, the Palace said on Friday.

The Presidential Communication Office said the company plans to develop a 25-meter-deep port that can accommodate Panamax vessels.

The Adani group is also planning to invest in ports, airports, power, and defense.

In a courtesy call in Malacanang on Thursday, APSEZ Ltd. Managing Director Karan Adani cited the stability in regulation and business environment under the Marcos administration as reasons for investing in the Philippines.

"Your Excellency, as a private sector, what we always look for is stability. Stability in the regulation, stability in the environment t...