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3 years ago
PHILIPPINES PRESS-San Miguel to seek new bids for mass transit project - Standard Today
November 20, 2014 / 1:42 AM / 3 years ago

PHILIPPINES PRESS-San Miguel to seek new bids for mass transit project - Standard Today

San Miguel Corp will seek fresh bids to build its $1.2 billion Mass Railway Transit Line 7 project, even though it signed a contract with D.M. Consunji Inc and Marubeni Corp of Japan two years ago, the Manila Standard Today said.

San Miguel is proceeding with a public tender to make the process transparent, as Line 7 is a public infrastructure project, the newspaper quoted San Miguel President Ramon Ang as saying in an interview.

(bit.ly/1xVo4Fr)

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NOTE: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Manila Newsroom; Editing by Ryan Woo)

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