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So what’s wrong with government’s attempts to privatize TransCo, which is regarded as one of the crown jewels in the government’s asset privatization effort? Once again, for the third time since 2003, bidding for TransCo’s 25-year concession hit a snag after only one of three interested groups submitted a bid, prompting government to again declare a failed bidding.


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BAGUIO CITY AND CHRIS PARKER

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So what’s wrong with government’s attempts to privatize TransCo, which is regarded as one of the crown jewels in the government’s asset privatization effort? Once again, for the third time since 2003, bidding for TransCo’s 25-year concession hit a snag after only one of three interested groups submitted a bid, prompting government to again declare a failed bidding.


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TransCo’s tragic tales

By Rey Gamboa | February 26, 2007 - 12:00am

So what’s wrong with government’s attempts to privatize TransCo, which is regarded as one of the crown...

Business