philippines
Philippines wabafee 4mo ago 83%

SMC plans to include transport hub in PAREX

https://www.philstar.com/business/2024/06/25/2365279/smc-plans-include-transport-hub-parex

MANILA, Philippines — Food-to-infrastructure giant San Miguel Corp. (SMC) plans to include a bus rapid system and active transport facilities in the revised design of the controversial Pasig River Expressway (PAREX).

In a disclosure to the Philippine Stock Exchange, SMC confirmed reports it is reviving its interest in building a toll road above Pasig River, backpedaling on an earlier decision to scrap the project in deference to growing opposition.

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