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SMC, Citra plan infra joint venture

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san-miguel

CONGLOMERATE San Miguel Corp. and Jakarta-based Citra Group is building up a war chest worth $1 billion for infrastructure projects in the Philippines and Indonesia, with the aim of becoming Southeast Asia’s biggest toll road player.

Posted: November 24th, 2012 in Editor's Pick,Headlines | Read More »

SMC, Citra buy out SLEx operator for P20B

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A flyover is seen at the South Luzon Expressway in Manila in this 2010 file photo. San Miguel Corp. and the Citra group of Indonesia are poised to take over the 35.9-kilometer SLEx, which runs from Alabang to Sto. Tomas, Batangas. AFP PHOTO/NOEL CELIS

San Miguel Corp., in partnership with the Citra group of Indonesia, is wrapping up a deal to take over the 35.9-kilometer South Luzon Expressway, putting the tandem in charge of a vital artery in the metropolis.

Posted: January 10th, 2012 in Editor's Pick,Featured Gallery,Headlines,Photos & Videos | Read More »

Citra, San Miguel may join in Star Tollway upgrade and expansion

The Citra group announced on Thursday that it will jointly study with partner San Miguel Holdings (SMH) Star Tollway’s proposal to allow them to participate in the upgrading and expansion of its 42-kilometer toll road concession that starts at Santo Tomas and ends near the Batangas Port.

Posted: December 29th, 2011 in Latest Business Stories | Read More »

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