Take over the 35.9-kilometer South Luzon Expressway

[pioneer]

By: Doris C. Dumlao
Philippine Daily Inquirer

San Miguel Corp., in partnership with the Citra group of Indonesia, is wrapping up a deal to take over the 35.9-kilometer South Luzon Expressway, putting the tandem in charge of a vital artery in the metropolis.

Industry sources said SMC and Citra had reached an agreement in principle with the foreign owner of the SLEx concession to buy out the latter’s controlling stake in a deal worth over P20 billion.

SLEx, which runs from Alabang to Sto. Tomas, Batangas, also attracted the Metro Pacific group of Manuel V. Pangilinan and even the Ayala conglomerate.

[chicogon]

By: Doris C. Dumlao
Philippine Daily Inquirer

San Miguel Corp., in partnership with the Citra group of Indonesia, is wrapping up a deal to take over the 35.9-kilometer South Luzon Expressway, putting the tandem in charge of a vital artery in the metropolis.

Industry sources said SMC and Citra had reached an agreement in principle with the foreign owner of the SLEx concession to buy out the latter’s controlling stake in a deal worth over P20 billion.

SLEx, which runs from Alabang to Sto. Tomas, Batangas, also attracted the Metro Pacific group of Manuel V. Pangilinan and even the Ayala conglomerate.

Mora na diay sa Europe... owned privately, or sold to a private enterprise...

[chicogon]

Unya ang private company na lang mopa improve sa maong stretch inluding other developments (commecial developments including convenient stores and gas stations)... it works in Europe pero wa ko masuheto to what extend ang anomalya or corruption if there is any