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Neda board nod seen for 7 PPP deals

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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

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Light Rail Transit (LRT) Line 1. FILE PHOTO

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

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Light Rail Transit (LRT) Line 1. FILE PHOTO

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 »

MPIC open to any location for common station

Metro Pacific Investments Corp., which is poised to bag the Light Rail Transit Line 1 Cavite extension public-private partnership (PPP) deal with its partners, said it was open to any location for a Quezon City railway common station, where a dispute has delayed the awarding of the P65-billion PPP contract.

Posted: August 11th, 2014 in Headlines | Read More »

DOTC seeks more time to negotiate LRT project

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The government said it needed more time before awarding the P65-billion Light Rail Transit Line 1 (LRT-1) Cavite extension public-private partnership project, with a senior official saying the government was still negotiating with sole bidder Light Rail Manila Consortium, led by Metro Pacific Investments Corp. and Ayala Corp.

Posted: June 27th, 2014 in Headlines | Read More »

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