Businessman Manuel V. Pangilinan’s Metro Pacific Investments Corp. (MPIC) is forming a joint venture with a foreign partner to make a strong bid for the Mactan-Cebu international airport project, one of the biggest infrastructure contracts being bid out by the Aquino administration this year.
Businessman Manuel V. Pangilinan has urged the Aquino administration to prioritize policies, including possible amendments to the Constitution, to welcome foreign investments in restricted industries such as telecommunications and mining.
The group of Manuel V. Pangilinan may have consented to another revision in the contract for the operation and management of the country’s longest expressway, Subic-Clark-Tarlac Expressway (SCTEx), but this can be all for naught as the Department of Finance is keen on recommending a rebidding of the contract.
Although the bid of businessman Manuel V. Pangilinan (MVP) for the Sacramento Kings franchise in the NBA has not progressed, it does not mean that his pursuit of an international basketball team has been abandoned.
