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Ang backpedals, revives interest in PAREX
The Philippine Star
|May 28, 2024
The Pasig River Expressway (PAREX), opposed by green and mobility groups, may still happen after all, with San Miguel Corp. (SMC) adjusting the proposal to consider the public's insights on it.
On the sidelines of the Philippine Economic Briefing yesterday, SMC president and CEO Ramon Ang said the company is open to pursuing the P100 billion toll road above the Pasig River.
Likewise, Ang said the diversiied conglomerate has no plans of submitting a formal withdrawal of the project from the Toll Regulatory Board (TRB), noting that it will entail financial charges if the company pulls out of it.
As such, SMC has decided to keep its doors open to building the toll road, but committed to take a different approach this time.
Bu hikaye The Philippine Star dergisinin May 28, 2024 baskısından alınmıştır.
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