A new road interchange will soon connect Hermosa in Bataan to the Subic-Clark-Tarlac Expressway (SCTEX), enhancing infrastructure access across Central Luzon’s logistics and manufacturing corridor, the Bases Conversion and Development Authority (BCDA) said.
San Miguel Corp. is celebrating 135 years of operations, but it’s the sweeping pivot of the last two decades that redefined it into one of the Philippines’ most powerful and diversified conglomerates.
Two prominent South Korean companies have expressed keen interest in collaborating with the Bases Conversion and Development Authority (BCDA) to pursue high-impact projects in the Philippines, particularly in New Clark City, Tarlac, and the Poro Point Freeport Zone in La Union, the BCDA said.
Tycoon Ramon S. Ang-led San Miguel Corp. raised funding for the final stretch of land development works at its ambitious ₱740-billion Bulacan aerotropolis, whose airport facilities could begin development as early as this year.
The Villar family’s PrimeWater Infrastructure Corp., the country’s largest water concessionaire outside Metro Manila, said it is ready to cooperate with regulators after President Ferdinand Marcos Jr. ordered an investigation into the company over service quality complaints.
The newly formed entity recently signed a contract with the Department of Public Works and Highways (DPWH) for the Metro Manila Priority Bridges Seismic Improvement Project (MMPBSIP), a P7.7-billion initiative aimed at reinforcing two of the capital’s oldest and busiest bridges against earthquakes.
The planned road network will span 57.18 kilometers by next year, accounting for almost 40 percent of the city’s target 148.44-kilometer total road length.
Conglomerate Ayala Corp. booked a P3.2 billion accounting loss on its investment in the Light Rail Transit Line 1 (LRT-1) due to delayed fare hikes and fewer expected passengers.
West Zone concessionaire Maynilad Water Services Inc. has invested P25.75 billion in 2024 to strengthen water and wastewater services, upgrade infrastructure, and enhance customer engagement, the utility company said in a statement.