DIVERSIFYING conglomerate San Miguel Corporation (SMC) has no intention of withdrawing from the Pasig River Expressway (PAREX) project, according to its President and Chief Executive Officer Ramon S. Ang.
DIVERSIFYING conglomerate San Miguel Corporation has no intention of withdrawing from the Pasig River Expressway project, according to its President and Chief Executive Officer Ramon S. Ang.
Ang said the company is currently addressing concerns raised against the PAREX. SMC, he said, has already completed the Detailed Engineering Design for the PAREX.maraming nagsasabing hindi maganda, maliit, sinusubukan nating i,” Ang said. Earlier, Ang said the diversified conglomerate has decided against pursuing the 19.4-kilometer PAREX In 2021, SMC signed a supplemental toll operations agreement with the Department of Transportation and the Department of Public Works and Highways for the construction of the P81.53-billion PAREX.
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