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Gov’t asked to approve connector tollroad plan

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North Luzon Expressway operator Metro Pacific Tollways Corp. wants to start a major elevated connector tollroad for Metro Manila by the third quarter of the year to meet a commitment to finish the project before President Aquino steps down in 2016, a company official said.   The deal, which requires the final approval from the [...]

Posted: January 12th, 2014 in Editor's Pick,Headlines | Read More »

Ayala toll road project hits a snag

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The original proposed Daang Hari-SLEx as posted on dpwh.gov.ph

The Ayala and San Miguel-Citra groups are at odds over the proposed road linkage between the South Luzon Expressway (SLEx) and the Daang Hari toll road, further delaying the first infrastructure project under the Aquino administration’s public-private partnership (PPP) program.

Posted: September 9th, 2013 in Editor's Pick,Headlines | Read More »

Daang Hari project: Blow the belt

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Uh-oh. In the first ever attempt of the Aquino (Part II) administration to make a go of its much-vaunted PPP program—now three years in the making and nothing yet happening—it looks like the guys down here must take the hardest blow.

Posted: February 7th, 2013 in Columnists,Inquirer Columns | Read More »

SLEx operator opposes DPWH Daang Hari policy

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South Luzon Tollway Corp. (SLTC) has formally objected to the decision of the Department of Public Works and Highways to allow last-minute changes in the design of the Daang Hari road project without securing the approval of all involved parties.

Posted: November 26th, 2012 in Editor's Pick,Headlines | Read More »

Metro Pacific sweetens offer for SCTEx contract

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The Metro Pacific group has submitted an improved offer for the operation and management of the Subic-Clark-Tarlac Expressway (SCTEx), based on terms recently renegotiated with the state-controlled Bases Conversion and Development Authority.

Posted: August 31st, 2012 in Headlines | Read More »

MPIC ‘task force’ to review water, road deals

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Infrastructure holding firm Metro Pacific Investments Corp. has created a task force to review potential new investments in the water and toll road businesses here and abroad.

Posted: April 23rd, 2012 in Headlines | Read More »

Biz Buzz: SCTEx shakeup

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Eight months after the renegotiation of a new contract for the operation and management of the country’s longest expressway, Subic-Clark-Tarlac Expressway (SCTEx), it seems that the group of businessman Manuel V. Pangilinan (aka MVP) is still nowhere close to getting Malacañang’s imprimatur. The contract has been signed last year but hasn’t taken effect in the absence of such an approval.

Posted: March 26th, 2012 in Headlines | Read More »

P24B elevated road project achievable, says proponent

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The proposed elevated road project: ‘Doable’

San Miguel Corp.-backed Citra Metro Manila Tollways Corp. (CMMTC) said only “ambitious” projects, such as its proposed overhead toll road, could solve big problems like the chronic congestion of Metro Manila’s thoroughfares.

Posted: February 29th, 2012 in Editor's Pick,Featured Gallery,Headlines,Photos & Videos | Read More »

Biz Buzz: Rekindling GMA 7 courtship

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Talks about the group of Manuel V. Pangilinan buying out broadcasting giant GMA Network Inc. have been so pervasive that many stock market pundits now believe there’s some truth to it. This all began when MVP was seen in a serious huddle with GMA chair Felipe Gozon at the wake for the latter’s mother in December, which was followed by a Twitter frenzy that erupted in the show-biz world.

Posted: February 29th, 2012 in Editor's Pick,Headlines | Read More »

Biz Buzz: DoE by remote control

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With rumors rife that Energy Secretary Rene Almendras is about to be appointed secretary to the Cabinet, word is now going around that his replacement at the energy department has been chosen as well.

Posted: January 16th, 2012 in Headlines | Read More »

Ayala bags 1st PPP road project

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bus_1-ayala_logo

The Ayala group has bagged the P2-billion Daang Hari-South Luzon Expressway link road, the very first infrastructure-building project auctioned by the Aquino administration under the much-awaited public-private partnership (PPP) framework.

Posted: December 16th, 2011 in Editor's Pick,Featured Gallery,Headlines,Photos & Videos | Read More »

Coastal Road to improve revenues in ’12

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UEM Mara Philippines Corp.—the operator of the Cavite Toll Expressway Project (Cavitex)—is confident that its continuing development of the road would lead to higher traffic volumes and revenues, allowing the company to meet financial obligations amounting to billions of pesos.

Posted: November 28th, 2011 in Headlines | Read More »

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