The Department of Transportation and Communications (DOTC) sees no more legal stumbling block to the implementation of the Skyway connector toll road project spearheaded by the San Miguel-Citra alliance.
Forget Davos. One of the most sought-after speakers in the financial world has landed on local shores (a week after gracing the World Economic Forum in the famous Swiss ski resort) to give his prognosis on the local and global economies.
The San Miguel and Metro Pacific groups have struck a compromise on the P7-billion, five-kilometer common alignment for their respective North Luzon-South Luzon Expressway connector road projects, allowing their major infrastructure projects to move forward.
The price tag of the elevated roadwork of Metro Pacific Investment Corp. has just gone up due to higher costs in acquiring right-of-way access, forcing the government to double its project subsidy, data from the National Economic and Development Authority (Neda) revealed.
What’s a government to do when faced with two competing, similar proposals for a big-ticket infrastructure project?
Pangilinan-led Metro Pacific Investments Corp. (MPIC) is asserting its hold over the planned “connector road” project amid pronouncements by a rival group that claims to have the lawful right to the multibillion-peso government deal.
Businessman Manuel V. Pangilinan’s bid for the contract to build the so-called “connector road” will not go as smoothly as he hoped for due to the pronouncement of a rival group that it had a more lawful claim to the deal.
The Bases Conversion and Development Authority has urged the Aquino administration to accept Metro Pacific Tollways Corp.’s unsolicited proposal to build a 13-kilometer elevated road that will connect the North and South Luzon Expressways.
The estimated project cost of the proposed “connector road” to link the major toll road systems north and south of Metro Manila has gone up by close to a quarter due to “unforeseen expenses.” But Metro Pacific Tollways Corp. (MPTC), the highway operator that proposed to build the 13-kilometer elevated expressway through Metro Manila, said [...]
