^
+ Follow ALTHOUGH AYALA Tag
ALTHOUGH AYALA
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 100300
                    [Title] => Gov't to tap Obuchi Fund for P18.2-B infra project
                    [Summary] => 

Government has decided to apply the P18.24-billion Manila Calabarzon Express (MCEx) project for funding under the Obuchi Fund of Japan and bid the contract to private developers.

This decision means that the original proponent, Ayala Land Inc. [DatePublished] => 2000-03-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 101437 [Title] => Ayala may lose P18-B infra project [Summary] =>

The Ayala Group stands to lose the P18.24-billion Manila Calabarzon Express (MCEx) project as government is now considering the possibility of removing it from the build-own-operate (BOO) scheme and applying it for Japanese funding.

This change in government policy also opens the door for the Fil-Estate Group, Ayala's closest competitor in the property development sector, which had already expressed interest in the project.

Although Ayala was the proponent of the project and had already submitted an unsolicited proposal, the Presidential Committee on Flagship Programs and P [DatePublished] => 2000-01-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

abtest
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