The Pasig River Expressway , a project previously proposed by San Miguel Corporation , was the subject of great scrutiny from the public when it first surfaced.
Transport and environmental groups alike continuously protested against it, and it was eventually scrapped earlier this year.But according to a recent report from ABS-CBN News, PAREX is still a possibility as SMC has yet to officially cancel the project.
The TRB said that if the government were to cancel the project from its side, there would be legal and monetary consequences as the contract had already been signed and the project approved. At the moment, the project is stuck in the ‘final engineering design’ phase, and the government is still waiting on communication from the side of SMC.
What do you guys think? Should SMC reconsider its decision to abandon the 19km, six-lane elevated tollway project? Sound off in the comments. See Also Read Next Car nuts, rejoice: The Japan Mobility Show is now an annual event View other articles about:
Toll Regulatory Board San Miguel Corp. Pasig River Pasig River Expressway
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
PAREX ‘technically’ still on the table -TRBLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »
Parex 'technically still on the table'SAN Miguel Corp. has not yet formally notified the government about its decision to scrap the planned Pasig River Expressway (Parex), a Toll Regulatory Board (TRB) official said, some two months after the company's top executive announced that the conglomerate was heeding public concerns.
Read more »
Biden warns Netanyahu against Rafah offensive as Palestinian death toll rises | Zeke Miller & Aamer MadhaniWASHINGTON—President Joe Biden on Monday urgently warned Israeli Prime Minister Benjamin Netanyahu against launching an offensive in the southern Gaza city of Rafah as the divide between the two leaders continues to grow along with the mounting Palestinian death toll.
Read more »
Death toll from floods in Brazil’s south reaches 143, as rains continue to pourAnother 125 people remain unaccounted for in the state, where rivers are reporting rising levels. Weather service Metsul calls the situation 'extremely worrying.'
Read more »
Indonesia flood death toll exceeds 40TANAH DATAR, Indonesia – The number of people killed by flash floods and cold lava flow from a volcano in western Indonesia over the weekend has surpassed 40, with 17 more missing, a local disaster agency official said on Monday.
Read more »
Death toll from floods in Brazil's south climbs to 136The death toll from heavy rains in Brazil's Rio Grande do Sul state has climbed to 136, the local civil defense government body said on Saturday, up from 126 in the previous day, while another 125 people remain unaccounted for.
Read more »