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Calax re-bidding to lower investors’ confidence in PPP, PH, warn business groups

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Cavite-Laguna Expressway Route Map   http://www.dpwh.gov.ph

Eight business groups slammed on Tuesday the proposed re-bidding of the P35.4-billion Cavite Laguna Expressway (Calax) deal, stressing that such a move would be an “inopportune” and ill-advised decision that would once again put to question the credibility of the government’s Public-Private Partnership (PPP) program.

Posted: October 28th, 2014 in Latest Business Stories | Read More »

To bypass problems, gov’t may build CALAx itself

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Cavite-Laguna Expressway Route Map   PHOTO from www.dpwh.gov.ph

The government is considering a new strategy to resolve the hotly contested $864-million Cavite-Laguna Expressway (CALAx) project: Remove the infrastructure project from the public-private partnership (PPP) program and build the tollroad itself.

Posted: October 17th, 2014 in Latest Business Stories | Read More »

Biz Buzz: UAAP win-win

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Whether Wednesday’s UAAP men’s basketball championship title goes to Far Eastern University or National University, the country’s wealthiest man Henry Sy, aka “Tatang,” probably wouldn’t mind either way.

Posted: October 15th, 2014 in Columnists,Inquirer Columns | Read More »

Malacañang to resolve Calax row

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Conglomerate San Miguel Corp.

Malacañang has issued an order suspending the implementation of a resolution by the Department of Public Works and Highways (DPWH) to disqualify conglomerate San Miguel Corp. from the controversial bidding for the Cavite-Laguna Expressway (Calax) project under the public-private partnership (PPP) framework.

Posted: July 3rd, 2014 in Editor's Pick,Headlines | Read More »

Bids for P35B Calax expected Monday

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Interested bidders are keeping their cards close to the chest on whether an offer would be made Monday for the government’s next big-ticket public private partnership deal, the 47-kilometer Cavite Laguna Expressway, even as the implementing agency expects most to participate.

Posted: June 2nd, 2014 in Editor's Pick,Headlines | Read More »

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