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Regulatory roadblocks clog billions in MPIC investments

metro pacific investments

Billions of pesos worth of capital spending—funds that could help boost the Philippine economy—are being held up by various regulatory roadblocks faced by Metro Pacific Investments Corp.’s (MPIC) operating units.

Posted: November 10th, 2014 in Latest Business Stories | Read More »

MPIC posts 14% increase in 9-month net profit


Infrastructure holding firm Metro Pacific Investments Corp. reported a 14-percent year-on-year growth in its nine-month net profit to P6 billion on higher earnings contributed by its water, power distribution, tollroad and hospital businesses.

Posted: November 7th, 2014 in Latest Business Stories | Read More »

Neda board nod seen for 7 PPP deals

Photo shows a traffic advisory for the construction of the Skyway Stage 3 project displayed along Osmeña Highway in Manila. Several big-ticket public-private partnership deals and an P18-billion “connector tollroad” project of Metro Pacific Investments Corp. are up for approval by President Aquino, possibly within this week, a government official said.  RICHARD A. REYES

Several big-ticket public private partnership deals and an P18-billion “connector tollroad” project of Metro Pacific Investments Corp. are up for approval by President Aquino, possibly within this week, a government official said.

Posted: October 7th, 2014 in Headlines | Read More »

Winning bidder awaits LRT-1 rate hike


The winning bidder of the Light Rail Transit Line 1 Cavite extension public private partnership (PPP) deal is waiting for a long-delayed rate increase for the railway line, saying this was a crucial requirement before banks would lend it money to finance its share of the P65-billion project.

Posted: October 6th, 2014 in Editor's Pick,Headlines | Read More »

P65B LRT-1 Cavite PPP deal awarded to Manny V. Pangilinan-backed group


The Department of Transportation and Communications (DOTC) ordered the award of a P65-billion railway public-private partnership (PPP) contract to a sole bidder late on Friday after weighing the legal implications for weeks.

Posted: September 13th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »



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