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